CLIENT LOG-IN
800.519.5893 Ext. 1
  • Search
    • Arizona Home Search Registration
    • Search AZ Homes
    • Arizona Cities & Towns
    • Featured Luxe Listings
    • Paradise Valley Luxury Rentals
    • Scottsdale Luxury Rentals
    • Phoenix Metro New Home Search
    • Multi-Family Properties
  • Resources
    • Buyers
      • Relocating to Scottsdale
      • Relocating to Arizona
      • Get a Home Loan
      • Arizona Luxury Home Financing
      • Ways to Take Title in Arizona
      • San Diego Real Estate Broker
    • Sellers
      • Arizona Home Valuation
    • Arizona Contractors & Real Estate Vendors
    • Arizona Luxury Home Resources
    • FSBO Rescue Guide
    • Real Estate Agent Resources
      • Luxe Agent Referral Program
  • Luxe Agents
    • Phoenix Metro & Surrounding Cities
    • Prescott, AZ
    • Tucson, AZ
    • Flagstaff, AZ
    • Top Luxe Agent
    • Top Luxe Team
  • Blog
  • CAREERS
  • Contact Us
    • About

Home > Archives for Arizona Real Estate News

Phoenix Metro Market Update | August 2023

September 8, 2023 by Luxe Real Estate Group

Phoenix metro market update August 2023

Active housing inventory has increased slightly from last month to a current level of approximately 12,250 listings. It's time to dig into our Phoenix metro market update for August 2023. The active listings have been on the market for an average of 80 days--last month that figure was 79. Pending sales activity has remained steady (only a slight drop)--there are currently 7310 pending sales and there are 526 "coming soon" listings. This graph shows how the number of pending sales has changed across the Phoenix metro area over the past two years: Since August 1, 2023 there have been

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona Real Estate News, Maricopa County Real Estate, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Market Report | June 2023

July 12, 2023 by Luxe Real Estate Group

Phoenix metro market report June 2023

It looks like we are still experiencing a seller's market in most cities/towns around Maricopa County. Inventory levels have fallen from last month, but not by much. There are currently 11,122 active listings and while this is a fairly low number, high interest rates have tempered demand somewhat--not enough though for a balanced market. Let's jump into our Phoenix Metro market report for June 2023. Active listings have been on market an average of 84 days. There are 8355 pending sales--down from 9055 last month. There are 544 "coming soon" listings--a slight increase from May. From

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Maricopa County Real Estate, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Real Estate Update | April 2023

May 4, 2023 by Luxe Real Estate Group

Phoenix metro real estate update April 2023

Housing inventory across Maricopa County continues to drop. Here is our Phoenix metro real estate update covering April 2023 sales data. In March we reported that many cities/towns were heating up in terms of sales activity and that inventory had fallen--this trend is continuing across most of the county. In March there were 13,900 active listings--today there are 12,189--this represents a 12% decline in 30 days. This chart shows how active listings have changed across Maricopa County over the past two years: Pending sales have increased 10% month-over-month to 10,017. There are 587

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona real estate, Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Real Estate Update | Feb 2023

February 28, 2023 by Luxe Real Estate Group

Phoenix metro real estate update Feb 2023

For the first time in many months, total active inventory has fallen below 15,000 units. As of February 28, there are 14,800 active listings across the Phoenix metro area--down from around 15,600 last month. Other areas like Scottsdale have also seen a small dip in inventory. Let's dive in to our Phoenix metro real estate update for February 2023. The active inventory has been on market an average of 91 days and in my opinion, this is a reasonable and balanced number. There are 9593 pending sales which represents quite an increase in sales activity from the previous 30 days. There are

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona real estate, Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Real Estate Update | July 2022

July 30, 2022 by Luxe Real Estate Group

Phoenix metro real estate update July 2022

Housing inventory around the valley is on the rise and sellers are scrambling to adjust as home values start creeping down. Time to review our Phoenix metro real estate update for July 2022. As of July 30, there are 17,985 active listings--compare this to March or even May of this year. The graph below says it all--highlighting the rise inventory of the past year. There are 7943 properties under contract with another 741 "coming soon" to market. Since July 1, 2022 there have been 6112 sales with average days on market of 32. Here are some other key stats for recently sold properties

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona real estate, Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Market Update | June 2022

June 30, 2022 by Luxe Real Estate Group

Phoenix metro market update June 2022

Homes, homes and more homes hitting the market. Let's jump into our Phoenix metro market update for June 2022. In March, we saw a record low inventory of slightly more than 4000 properties for sale--last month, inventory was around 9500--as of June 29, 2022 there are 13830 properties for sale across the Phoenix metro area--this represents a 32% increase in one month. There are 1000 properties "coming soon" to market and this is a similar figure from last month. This graph shows how the under contract list price average has changed over the past year--prices were going up for some time,

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Real Estate Report | May 2022

May 30, 2022 by Luxe Real Estate Group

Phoenix Metro Real Estate Report May 2022

According to data provided by the Arizona Regional Multiple Listing Service (ARMLS), the median sales price is up 28% year-over-year--the median sales price is now $460,000. Inventory has climbed dramatically over the past 30-45 days and since last month, housing inventory is up over 30%! Let's dig into our Phoenix metro real estate report for May of 2022. As of May 30, there are 9468 active listings with 1022 "coming soon" and 10,600 pending sales. Since May 1, there have been 7841 sales with an average days on market of only 26. Here are some other key MLS stats: Average dollars per

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Metro Market Update | April 2022

April 30, 2022 by Luxe Real Estate Group

Phoenix metro market update April 2022

Housing inventory has been on the rise recently. Check out our Phoenix metro market update for April 2022 to see what's happening. The main talking points are that inventory and home loan rates are on the rise. Last month at this same time, there were 4496 active listings across the county--now that number is 6685--this is a dramatic shift. The number of pending sales has fallen by about 20 percent over the past month. There are currently 839 "coming soon" listings which is about 100 less than last month. Since April 1, 2022, there have been 9190 sales. Here are some MLS stats for the

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

Phoenix Real Estate Report | March 2022

March 30, 2022 by Luxe Real Estate Group

March 2022 Phoenix Real Estate Report

In January, we were sitting at around 4900 active listings across the county--today, the housing inventory is below 4500 units. Let's get into our Phoenix real estate report for March 2022. As of March 30, there are 4496 active listings across Maricopa County. Demand from out-of-state buyers continues and new home construction cannot keep up. Another critical factor contributing to the housing shortage is that would-be sellers continue to sit on the fence--this must be due in part to fears that finding a replacement home will be difficult. There are 12,640 pending sales and there

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona real estate, Arizona Real Estate News, Arizona Real Estate Stats, Maricopa County Real Estate, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate news

Phoenix Market Update | January 2022

January 31, 2022 by Luxe Real Estate Group

Phoenix Market Update January 2022

As we roll into 2022, inventory across the country is down--same holds true for the Phoenix metro area and cities like Scottsdale. Last month there were approximately 5800 active listings across the county--today we sit at around 4900. Buyer demand is through the roof and the sales activity is nuts right now. Let's get right in to our Phoenix market update for January 2022. As of January 31, there are 11,592 pending sales and since January 1, there have been 6621 sales that were on market an average of 36 days. Here are some other key MLS stats for recently closed sales: Average

 Continue Reading …

Filed Under: Arizona Real Estate News, Phoenix Real Estate Market Tagged With: Arizona Real Estate News, Arizona Real Estate Stats, Phoenix homes for sale, Phoenix metro market stats, Phoenix Real Estate, Phoenix real estate market, Phoenix real estate market stats, Phoenix real estate news

  • 1
  • 2
  • 3
  • …
  • 7
  • Next Page »

Get the Scoop on Luxe



Stay in the Loop

Sign-up to receive free market updates from luxerealestategroup.com

We will never send you spam
Privacy Policy

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter
· Luxe Real Estate Group, LLC. All Rights Reserved. ·
Luxe Real Estate Group ADRE License# LC586004000
Jay Martinez ADRE License# BR107652000
Privacy Policy | Cookie Policy | Terms of Use | Site Map