The buying fury continues for the Phoenix metropolitan area as home sales reached over 9,000 closings for the month of May and hit right around 26,000 closings for the past 90 days from today’s date. The average sales price per square foot was roughly $77 for the month of May which is up about 1.5% from the previous month of April and was also the 2nd straight month showing an increase in this category. It appears the market has hit bottom and is now starting a new upward trend.