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Phoenix Arizona Real Estate Market Update - Days of Inventory keep climbing
9 out of our 17 Major Cities are still in Seller’s Markets, 3 are in Normal/Balanced Markets and 5 are in Buyers Markets

Carver Home Team
Mar 272 min read
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Phoenix Arizona Real Estate Market Update: 3/24/2023
Amidst bank closures, volatile mortgage rates and messages of doom the overall housing market in Phoenix continues to favor sellers.

Carver Home Team
Mar 28, 20233 min read
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Phoenix Arizona Real Estate Market Update - The Average 30yr FRM dropped to 6.76%
The overall market here continues to favor sellers as supply continues to go down. What else is going on? Let’s get into it and take a...

Carver Home Team
Mar 14, 20233 min read
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Phoenix Arizona Real Estate Market Update - The List to Sales Price Ratio is DOWN
The List to Sales Price Ratio dropped to 99.7% and the Median Price also dropped a smidge. What else is going on? Let’s get into it and...

Carver Home Team
Jan 22, 20222 min read
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Phoenix Arizona Real Estate Market Update - Pending Sales this Week are DOWN 6.8%
The Number of Active Listings went DOWN 3.16% this week. What else is going on? Let’s get into it and take a closer look at the Phoenix...

Carver Home Team
Dec 17, 20212 min read
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Phoenix Arizona Real Estate Market Update - The Median Sales Price is UP 27.2% from Last Year
For the 7th straight week the number of available listings went down and it broke the 7,000 barrier. What else is going on? Let’s get...

Carver Home Team
Nov 29, 20212 min read
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Phoenix Arizona Real Estate Market Update - Active Listings are Down AGAIN This Week
For the second straight week the number of available listings went down. What else is going on? Let’s get into it and take a closer look...

Carver Home Team
Oct 27, 20211 min read
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Phoenix Arizona Real Estate Market Update - The Median Sales Price is UP this Week
There wasn’t a whole lot of change this past week other than the Median Sales Price going up HOWEVER the luxury segment is continuing to...

Carver Home Team
Oct 12, 20212 min read
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Phoenix Arizona Real Estate Market Update - Active Listings are up 2.55% this week
The Average Sales Price ticked downward again and Active listings jumped up this week by 2.55%. What else is going on? Let’s get into it...

Carver Home Team
Oct 4, 20212 min read
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Phoenix Arizona Real Estate Market Update - Is this Extreme Seller’s Market Ending?
The Median Sales Price AND the Average Sales Price is DOWN this week. Is this the beginning of the end for this Extreme Seller’s Market?...

Carver Home Team
Sep 28, 20212 min read
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Phoenix Arizona Real Estate Market Update - The Inventory Absorption Rate DROPPED & Rents SKYROCKET
The number of available properties for sale is virtually unchanged and the Inventory Absorption Rate DROPPED for the first time in 9...

Carver Home Team
Sep 6, 20212 min read
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Phoenix Arizona Real Estate Market Update - The Inventory Absorption Rate is Approaching 25 Days
The number of available properties for sale went UP 1.3% but Pending sales are also UP this week 1.22%. What else is going on? Let’s get...

Carver Home Team
Aug 28, 20212 min read
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Phoenix Arizona Real Estate Market Update - Pending Sales are UP 3.74%
The number of available properties for sale went up yet again but Pending sales are also UP. What else is going on? Let’s get into it and...

Carver Home Team
Aug 14, 20212 min read
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Phoenix Arizona Real Estate Market Update - The Median Sales Price hit $400,000
The number of available properties for sale stayed above 7,000 and the Median Sales Price hit $400,000. What else is going on? Let’s get...

Carver Home Team
Aug 9, 20212 min read
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