
List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas
Reading Time: 2 minutes List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas Sellers: Stop Trying to Time the Market For Buyers: A weak 4th
Reading Time: 2 minutes List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas Sellers: Stop Trying to Time the Market For Buyers: A weak 4th
Reading Time: 2 minutes Greater Phoenix Buyer Contracts Down 15% It’s Still a Good Time to Sell… For Now For Buyers: The monthly average interest rate rose to 4.64%
Reading Time: 2 minutes Seasonally, This is the Calm Before the Storm for Buyer Activity Greater Phoenix Demand Down 16% in Q4 The 4th Quarter is Seasonally the Best
Reading Time: 2 minutes New Listings Up 18% in October between $250K-$400K The 4th Quarter is Seasonally the Best Time to be a Buyer For Buyers: Seasonally the 4th
Reading Time: 2 minutes Seller Concessions Spike on Listings Sold Between $200K-$250K Price Reductions up 27% on Active Listings Between $250K-$400K For Buyers: October marks the 4th month in
Reading Time: 2 minutes Supply Continues to Rise in the Middle Seller Price Reductions up 46% and 61% in these Price Ranges For Buyers: Overall supply is down 9.6%
Reading Time: 2 minutes Supply between $200K-$250K has Risen 8.1% since May Seller Price Reductions Up 7% in Popular Price Range For Buyers: If your budget lies somewhere between
Reading Time: 2 minutes Cost of Waiting to Buy Means Less Closet Space or Higher Payment More New Homes Sell in Low $200’s This Year For Buyers: Hearing cries
Reading Time: 2 minutes Is Greater Phoenix “Overvalued”? Mortgage Payments Are Lower Than They Were 13 Years Ago For Buyers: Interest rates have been increasing along with the inflation rate
Reading Time: 2 minutes Summer is a good time to List Luxury Properties over $500K Supply between $175K-$200K dropped 18% in 3 Weeks For Buyers: Supply under $200K has continued
Reading Time: < 1 minute MLS Sales Outperform non-MLS Sales in Frenzy Market Supply Supply Under $200K Down 36% Over Last Year For Buyers: Greater Phoenix ended the 1st Quarter 13%
Reading Time: 1 minute Median Sale Price up $20,000 over March 2017 17% of Sales are Closing Over Asking Price For Buyers: The percentage of seller concessions awarded to
Reading Time: 2 minutes MLS Sales Over $1M up 36% Inventory Under $150K Down 62% For Buyers: Buyers continue to have a tough time finding inventory on the low
Russ Lyon Sotheby’s International Realty
6900 E. Camelback #110
Scottsdale , AZ 85251
O: (480) 420-3777
M: (480) 330-1554
F: (623) 218-1550
E: Email Us
ADRE #: SA581915000