I am happy to say that things in September for the Phoenix real estate market has continued the healing trend that I talked about last month. I will post all of my charts without much in the way of explanation simply because I would be making nearly identical comments to the ones that I made last month, but suffice it to say that these are the major themes: Yes, for the most part prices are down, however the drop in prices is being curbed somewhat by a substantial drop in inventory levels (a good thing), units sold are up to their highest level in a year and it’s taking agents less time to sell them on average. These are positive signs and though the drop in prices sounds bad, it is a necessary evil. Enjoy and let me know if you have any questions.
Filed under: For Buyers, For Sellers, Real Estate Market Watch Tagged: | arizona housing market, arizona premiere living, buyers, foreclosure, housing reports, inventory, moving to arizona, phoenix real estate, prices, sellers, short sale
