real estate market update

Feb. 13, 2020

How Did Our Market Begin in 2020?

 

The start of the 2020 real estate market has been unlike what any of us expected. Here are the eye-popping numbers you need to know from January:

 

  • We had 9,714 homes come on the market, a 12% decrease from what we saw in January 2019.
  • We had ...
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Jan. 7, 2020

What's Unusual About Our Current Market?

 

Today I’m sharing the December 2019 real estate market recap, which is very different than December 2018. That’s a great sign for 2020. 

 

In December, we had an 8.6% decrease in new homes coming onto the market compared to December 2018. We also had a decrease ...

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Dec. 30, 2019

The Latest Phoenix Real Estate Numbers

 

Today I’ve got a market recap for you for November 2019. It’s very different than what we saw at this time last year, and here are the numbers that prove it:

 

  • New listings are down from 8,630 last November to 7,738 this year—that’s an 11% decrease ...
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Nov. 8, 2019

Should You Sell in Q4 or Q1?

 

Soon there will be 30,000 homes coming onto the market in the first quarter of 2020. Don’t believe it? It’s true! There’s a misconception floating around that the first quarter is the best to buy or sell a home. 

Here’s what historically happens in the first quarter ...

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Oct. 21, 2019

The 4th Quarter Is a Great Time to Sell—Here’s Why



A lot of people believe the fourth quarter isn’t a good time to sell a home because of the holidays, but that’s not true. 

Why? Think of it this way: Any buyer who needs to purchase a home during the fourth quarter absolutely needs to buy. Who wants to ...

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Oct. 15, 2019

How Does Our Market Look as We Close Out Q3?

 

For your latest Greater Phoenix market update, let’s look at the key year-over-year numbers from September:

  • New listings decreased 1% from 9,151 to 9,223
  • Active listings decreased 11% from 18,276 to 16,328
  • Sold listings increased 13.4% from 7,071 to 8,021
  • The month’s ...
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Aug. 27, 2019

What Will Our Fall 2019 Market Hold?


What will happen in our local market this fall? Let’s discuss a few predictions.

 

As most people who have lived in or around Greater Phoenix for a while will know, fall is the time when our seasonal residents return to the area. But what else can we expect from ...

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Aug. 12, 2019

It’s a Great Time to Buy or Sell in Phoenix




Now that we’re more than halfway through the summer of 2019, it’s time to check in on our current market conditions.

This July, 8,724 new homes hit the market which is a slight decrease from the 9,090 that were listed during that same month last year. The number ...

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June 28, 2019

June 2019 Phoenix Market Update


Today we’re talking about the real estate market in May of 2019. What’s changed in the past year? We’re here today to find out.

 

  • We had 11,028 homes come on the market for sale in May 2019 versus 10,677 homes in May 2018. That’s a 3.2 ...
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May 7, 2019

The April 2019 Real Estate Market: What the Heck Happened?


Today I’ve got another great market update for you that covers the latest numbers for the Greater Phoenix area for April 2019.

10,973 homes came on the market this year versus 10,804 last year, a 1.56% increase. We also had 21,986 homes available this year versus ...

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