Winning in Arizona's Summer Real Estate Market!
Summer is in full swing here in Arizona, what does that mean for our real estate market? That is the focus of today's market update. Let's begin with the numbers.
It varies depending on area slightly, however overall the Valley is running just short of a 3 month supply of homes for sale. That has average Days On Market just under 90 days... meaning that homes in good condition and properly priced are selling between 1-180 days.
That represents a very balanced market where neither the seller nor the buyer has tremendous leverage and home values tend to hold steady. Those steady prices are in line with typical appreciation.
How do Sellers & Buyers Win in this type of market?
For buyers and sellers the best decision is to work with a trusted professional that can help you navigate the details to make the most of the summer real estate market opportunity!
Finally for this market update is a huge "THANK YOU!" from all of us at The Drew Team! For the 8th consecutive year we have been named to Real Trends Verified's top agent teams in America - and specifically among small teams in Arizona! This is only possible because so many of you have allowed us the privilege to serve in reaching YOUR goals!
The Drew Team, Robin & Steven Drew, Robin McAvoy, Tom Walton and our coordinator/broker Lisa Fischer are here to help reach YOUR goals!
