My Monthly Market Summary

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My Monthly Market Summary Market Summary for the Beginning of August 2024 Market Summary for the Beginning of August Good evening, Overall, the Greater Phoenix housing market is neutral; however, more areas are slightly favoring buyers. With mortgage rates heading down to the 6% area this should fuel demand therefore decrease inventory as we saw last month, neutral scenario may flip again, we shall see.  If you’re […]
My Monthly Market Summary Market Summary for the Beginning of July Hello, It’s that time again, Market Summary for the Beginning of July Here are the basics – the ARMLS numbers for July 1, 2024 compared with July 1, 2023 for all areas & types:   Active Listings: 18,121 versus 11,545 last year – up 57% – and up 0.4% from 18,044 last month Under Contract Listings: […]
My Monthly Market Summary Phoenix Housing Market Update from Shawn with Coldwell Banker Realty ALERT: THE MARKET IS SHIFTING.. Market Summary for the Beginning of June Hello, hope you’re all doing well! Here are the basics – the ARMLS numbers for June 1, 2024 compared with June 1, 2023 for all areas & types: Active Listings: 17,129 versus 11,730 last year – up 54% – and up 5.3% from 17,129 […]
My Monthly Market Summary Market Summary for the Beginning of May 2024 Hello again, Hope you’re all doing well! (Click here to see What is my Home Value I will send you results within minutes.) **** **** **** Market Summary for the Beginning of May Here are the basics – the ARMLS numbers for May 1, 2024 compared with May 1, 2023 for all areas & types: Active Listings: 17,129 […]
My Monthly Market Summary Market Summary for the Beginning of April 2024 Market Summary for the Beginning of April Here are the basics – the ARMLS numbers for April 1, 2024 compared with April 1, 2023 for all areas & types: Active Listings: 17,025 versus 13,933 last year – up 22% – and up 2.8% from 16,568 last month Pending Listings: 5,371 versus 5,701 last year – down […]
My Monthly Market Summary Market Summary for the Beginning of February 2024 Hello, Market Summary for the Beginning of February Here are the basics – the ARMLS numbers for February 1, 2024 compared with February 1, 2023 for all areas & types: Active Listings: 15,574 versus 15,598 last year – down 0.2% – but up 7.1% from 14,543 last month Pending Listings: 4,576 versus 5,109 last year – […]
My Monthly Market Summary Market Summary for the Beginning of 2024 Market Summary for the Beginning of 2024 Here are the basics – the ARMLS numbers for January 1, 2024 compared with January 1, 2023 for all areas & types: Active Listings:14,593 versus 16,298 last year – down 10.5% – and down 8.7% from 15,981 last month Under Contract/Pending Listings: 5,127 versus 5,456 last year – down […]
My Monthly Market Summary Market Summary for the Beginning of December 2023 Hello…… Market Summary for the Beginning of December Here are the basics – the ARMLS numbers for December 1, 2023 compared with December 1, 2022 for all areas & types: Active Listings : 15,981 versus 19,155 last year – down 17% – but up 4.8% from 15,247 last month Under Contract Listings: 5,867 versus 6,352 last […]
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My Monthly Market Summary Phoenix Housing Market Update from Shawn with Coldwell Banker Realty The October jobs report came in at 150,000, below expectations of 180,000. It was a resilient but moderating job growth number that signifies easing wage pressure. As a result, the 10-year Treasury bond surged like a meme stock, causing the 10-year yield to drop to about 4.56% from 4.9%. This move shows how quickly interest […]
My Monthly Market Summary Housing Market Summary for the Beginning of October 2023 Housing Market Summary for the Beginning of October Hello, September’s spike in mortgage rates resulted in more buyers postponing their home searches. We have a higher increase of new listings in September compared to August which is unusual, and this coincides with more price reductions on listings. I still predict that home prices will be […]
My Monthly Market Summary Market Summary for the Beginning of September 2023 Market Summary for the Beginning of September 2023 Here are the basics – the ARMLS numbers for September 1, 2023 compared with September 1, 2022 for all areas & types: Active Listings: 11,969 versus 18,694 last year – down 36% – but up 6.5% from 11,241 last month Pending Listings: 4,604 versus 5,607 last year – […]
My Monthly Market Summary Market Summary for the Beginning of 2023 Here’s to a bright New Year and a fond farewell to the old; here’s to the things that are yet to come, and to the memories that we hold. – May You Have A Prosperous New Year! “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt Market Summary […]
My Monthly Market Summary Market Summary for the Beginning of February 2023 Market Summary for the Beginning of February Here are the basics – the ARMLS numbers for February 1, 2023 compared with February 1, 2022 for all areas & types: Active Listings : 15,598 versus 4,876 last year – up 220% – but down 4.3% from 16,298 last month Pending Listings: 5,109 versus 7,798 last year – […]
My Monthly Market Summary Market Summary for the Beginning of March 2023 Market Summary for the Beginning of March Here are the basics – the ARMLS numbers for March 1, 2023 compared with March 1, 2022 for all areas & types: Active Listings: 14,739 versus 4,588 last year – up 221% – but down 5.5% from 15,598 last month Pending Listings: 5,911 versus 8,333 last year – down […]
My Monthly Market Summary Market Summary for the Beginning of April Market Summary for the Beginning of April Here are the basics – the ARMLS numbers for April 1, 2023 compared with April 1, 2022 for all areas & types: Active Listings : 13,933 versus 5,051 last year – up 176% – but down 5.5% from 14,739 last month Pending Listings: 5,701 versus 8,008 last year – […]
My Monthly Market Summary Market Summary for the Beginning of May With only 12,500 active listings without a contract we are once again approaching a dire shortage of homes for sale. Even a modest increase in demand is likely to force prices higher and quickly recover the ground lost over the past 12 months. The median sales price is down almost 9% compared to a year […]
My Monthly Market Summary Market Summary for the Beginning of June Market Summary for the Beginning of June Here are the basics – the ARMLS numbers for June 1, 2023 compared with June 1, 2022 for all areas & types: Active Listings : 11,730 versus 9,439 last year – up 24% – but down 6.2% from 12,503 last month Pending Listings: 5,696 versus 6,887 last year – […]
My Monthly Market Summary Market Summary for the Beginning of July Market Summary for the Beginning of July Here are the basics – the ARMLS numbers for July 1, 2023 compared with July 1, 2022 for all areas & types: Active Listings: 11,545 versus 14,406 last year – down 20% – and down 1.6% from 11,730 last month Pending Listings: 4,997 versus 5,766 last year – down […]

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