Market Updates

Aug. 29, 2020

August 2020 Phoenix Real Estate Market Update

The real estate market is hot in Phoenix AZ. And just like the weather it seems to be setting records at an all time high. The average sales price reached a new level at $393,000 in July, 2020. This surpassed the previous record set in May of this year ...

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Posted in Market Updates
July 25, 2020

July 2020 Market Frenzy Phoenix Real Estate Market

In a typical real estate market in the Phoenix Metro area, we usually see two-three months supply of homes for sale. In July 2020, we have less than a month supply of homes. And if we look at homes under $500,000 price point, it is 21 days of inventory ...

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Posted in Market Updates
June 28, 2020

June 2020 - Real Estate Market Update - Phoenix Metro area

In this month's market update we take a look at home increased process have affected Buyers. Please watch the video to see for yourself how increased prices combined with lower interest rates have actually contributed to a lower monthly payment for Buyers. Watch the comparison of numbers for equal ...

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Posted in Market Updates
May 30, 2020

May 2020 - Real Estate Market Update - Phoenix Metro

This is our monthly Phoenix Area Real Estate Market update for May 2020.

The dynamics in the real estate market are always changing. These last couple of weeks they have been quite dramatic. One curious fact is that if you are a Buyer and did not buy last year, it ...

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates