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PHOENIX IS OUTSELLING THE NATION 2 TO 1
New Phoenix REALTORS data landed this week. Closed sales in Greater Phoenix rose 8.1% in June versus 3.2% nationally. First-half sales are up 5.4%. Median price held at $485K, up just 0.2%. And days on market climbed to 78 from 72. Two weeks ago I told you the Valley had shifted toward buyers. June's numbers add the nuance that matters: pending sales have nearly leveled off after falling 8.4% through March, inventory actually declined in June, and sellers are still capturing
5 days ago3 min read
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