Sell My House Fast in Phoenix, AZ with an iBuyer

Market Overview

Phoenix, AZ Home Value Estimates

Phoenix is in the Salt River Valley in the south-central part of Arizona. With a flat desert terrain, Phoenix is bordered by beautiful lakes and surrounded by the Phoenix Mountain Preserve. Known for its great climate, Phoenix is warm with low humidity with about 325 days of sunshine each year. This makes Phoenix one of the sunniest cities in the country and attractive to many who seek its climate.

Phoenix, with a population of 1.709 million, is one of the fastest growing metropolitan areas in the country. It is the fifth largest city in the United States. The Phoenix-Casa Grande-Tucson corridor is one of the fastest growing areas in the U.S. and will continue to be in the next decades. The cost of living is high due to the Phoenix real estate market and home prices.

Contributing to its growth, Phoenix has consistently ranked as one of the fastest growing economies of all metro areas in the U.S. Larger than the output of many countries, the value of goods and services produced in the Phoenix metro area reached $187.4 billion in 2008 and have continued to climb.

Other growth factors include a diversified manufacturing base, big employers in financial service companies, growth of technology companies and large distribution centers due to its stable climate. There are also over two-dozen major hospitals including the Mayo Clinic and the Barrow Neurological Institute at St. Joseph’s Hospital. And the Phoenix Biomedical Campus which is on 28 acres in downtown Phoenix. Phoenix Sky Harbor International Airport is one of the nation’s top ten busiest airports serving over 40 million passengers a year.

With its warm climate, massive population, and tremendous job growth, we believe Phoenix is one of the best real estate markets in the country.

Real estate market data in Phoenix

Average Monthly Rent:

$1,041

Percentage Change in Home Price/Value:

4.50%

Median Home Value:

$242,100

Best Time To Sell Home:

November

Affordability Index:

141.2

Days To Sell House:

60.5

Job Market:

Strong

Public School Ranking:

49

Hottest Neighbourhoods:

Ahwatukee Foothills, Desert View, Paradise Valley, North Gateway, Camelback East, Deer Valley, North Mountain, Rio Vista, Encanto, Laveen

Top iBuyers in Phoenix

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Offerpad

Offerpad

Offerpad started in 2015 from of the roots of a real estate professional that realized the process to sell a home had many areas of stress and uncertainty.

Phoenix iBuyers

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Valley Home Buyer logo

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