Noticing more "For Sale" signs popping up around Phoenix lately? The numbers back it up—active listings are up 5.2%, thanks to a wave of unsold homes. That extra inventory is giving buyers more options to choose from. At the same time, the median price has dipped 4.8% to $475K, and nearly 28% of listings have seen price cuts. Homes are now sitting on the market for 67 days, which is longer than what we see across the U.S.
After 26 years helping folks buy and sell across Arizona, I can tell you: this kind of shift means opportunity—if you know how to spot it. Whether you’re weighing your options or just curious about your neighborhood, a seasoned perspective can make all the difference.
Continue to full article
Leave a Reply