In the latest update for Phoenix’s housing market, we’re seeing some shifts that matter for anyone considering their next move. Active listings are up by 5.2%, thanks to more unsold homes hitting the market. This increase means buyers have more choices than they did just a few months ago. Meanwhile, the median home price has dipped by 4.8% to $475,000, and 27.6% of listings have seen price reductions. Homes are also spending more time on the market—an average of 67 days, which is longer than the national trend. For those navigating these changes, having the right guidance is essential. With over 20 years of dedication to the West Valley, I’m always refining my approach to ensure you have the best experience, whether you’re buying, selling, or simply exploring your options.
Leave a Reply