Whether you are looking to sell or buy home in Metro Phoenix it is important to consider the state of the market. The most recent data reports from the Arizona Regional Multiple Listing Service (ARMLS) show that we have now tipped towards a buyer’s market.
Looking at the graph at the bottom of this post you can see that the number of active listings continues to climb while the number of new listings declines. This means that listings are sitting on the market longer (average days on market in February for metro Phoenix homes was 86 days) and buyers have a larger selection of homes to choose from.
This is good news for buyers and means that sellers need an agent with a little more creativity. If you are wanting to sell your Phoenix home contact us today. We are happy to show you the methods that we use to effectively market your home and get it sold. Our latest listing went live on March 10th, we had multiple offers within a few days and the home went under contract at a price higher than the owners were expecting on March 14th. Every home and selling situation is unique, but this is just an example of how our approach may help you get results too.
Find your next home by searching all Phoenix homes for sale here.