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<B>Metro Phoenix real estate now a burgeoning seller's market <B> </Br>

Last week, approximately 13,000 houses and condos were listed for sale across the region.  In 2008, there were four times as many houses for sale.  Houses, particularly those priced below $200,000, are selling faster than they have since mid-2006. The typical house now sells within 72 days - half the time it took five years ago.  The limited supply of moderately priced houses is most out of whack with demand.  Many first-time buyers, investors and others are seeking properties listed at or around $150,000.  The median price of a house for sale in metro Phoenix during February was $185,000.
Read article - azcentral.com