May 2, 2020

The Market Stopped Getting Worse – Phoenix Real Estate & Covid-19

Current Market The number of single-family houses sold was down 31% from 4 weeks ago. BUT the number of single-family houses hitting the market continued to fall and was down 58% from 4 weeks ago. Since both sales and new supply fell, the number of houses for sale hasn’t built up much and, in fact,…

July 17, 2019

Phoenix Housing Market & Forecast – July 2019

In June, Phoenix median single-family house prices were up 4% from previous June, number of houses sold was up 3%, and number of houses for sale was up 7%.

June 3, 2019

Phoenix Housing Market & Forecast – June 3

Median Price – Up 6% That 6% (April 2018 to April 2019) is very good but price increases are slowing down. Prices were up 9% the previous 12 months, April 2017 to April 2018. Number of Houses Sold – Up 7% This was a surprisingly strong bounce-back because the number of houses sold had been…