Last month, our very own, Erik Jensen was featured on CNBC with Tyler Mathisen sharing recent statistics and trends for the Phoenix housing market – which continues to show positive gains in single-family home sales. The median sale price for single-family homes in Phoenix shows an increase of 11.5 percent in May from a year ago to $223,000. Condominium prices also surged nearly 12 percent. However, with the housing supply steadily diminishing, buyers looking for homes on the affordable end of the market continue to face competition. Homes in the $250,000 and under price range are moving quickly …. To read the full article written by Diana Olick, CNBC, click here: Phoenix Housing Market.