#housingmarket

Carver Home Team

Jan 22
2 min

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 take a closer look at the Phoenix Real Estate Market. There are 5534 Homes for Sale 25,079 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 19.44 Days The Average Days on Market is 34 The List to Sales Price Ratio is 99.7% The Average Sales Price is $527,878 The Average 1 Year ago was $437,148 1 Year Change is 17.18% The Medi

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Carver Home Team

Dec 17, 2021
2 min

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 Real Estate Market. There are 6,686 Homes for Sale 27,088 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 22.21 Days The Average Days on Market is 31 The List to Sales Price Ratio is 100.1% The Average Sales Price is $508,323 The Average 1 Year ago was $422,450 1 Year Change is 16.89% Let’s go a little deeper… Over the past

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Carver Home Team

Nov 29, 2021
2 min

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 into it and take a closer look at the Phoenix Real Estate Market. There are 6,965 Homes for Sale 26,626 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 23.54 Days The Average Days on Market is 30 The List to Sales Price Ratio is 100.2% The Average Sales Price is $505,979 The Average 1 Year ago was $418,959 1 Year Change is 17.

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Carver Home Team

Oct 27, 2021
1 min

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 at the Phoenix Real Estate Market. There are 7,787 Homes for Sale 26,984 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 25.97 Days The Average Days on Market is 29 The List to Sales Price Ratio is 100.5% The Average Sales Price is $498,380 The Average 1 Year ago was $410,144 1 Year Change is 17.7% Let’s go a little deeper…

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Carver Home Team

Oct 12, 2021
2 min

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 stall. What else is going on? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 7,952 Homes for Sale 26,973 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 26.53 Days The Average Days on Market is 28 The List to Sales Price Ratio is 100.6% The Average Sales Price is $494,352 The Average 1

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Carver Home Team

Oct 4, 2021
2 min

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 and take a closer look at the Phoenix Real Estate Market. There are 7,905 Homes for Sale 27,155 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 26.2 Days The Average Days on Market is 28 The List to Sales Price Ratio is 100.7% The Average Sales Price is $494,590 The Average 1 Year ago was $404,364 1 Year Change is 18.24% Le

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Carver Home Team

Sep 28, 2021
2 min

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? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 7,703 Homes for Sale 27,041 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 25.63 Days The Average Days on Market is 28 The List to Sales Price Ratio is 101% The Average Sales Price is $496,745 The Average 1 Year ago was $400,442 1 Year Ch

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Carver Home Team

Sep 6, 2021
2 min

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 weeks . What else is going on? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 7,349 Homes for Sale 27,108 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 24.39 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.3% The Average Sales Price is $500,942 The Average 1 Ye

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Carver Home Team

Aug 28, 2021
2 min

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 into it and take a closer look at the Phoenix Real Estate Market. There are 7,344 Homes for Sale 26,629 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 24.82 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.3% The Average Sales Price is $499,867 The Average 1 Year ago was $387,690 1 Year Increase i

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Carver Home Team

Aug 14, 2021
2 min

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 take a closer look at the Phoenix Real Estate Market. There are 7,259 Homes for Sale 27,746 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 23.54 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.5% The Average Sales Price is $502,554 The Average 1 Year ago was $380,940 1 Year Increase is 24.19% Le

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Monday Market Snapshot - We are Seeing Price Reductions

Carver Home Team

Aug 9, 2021
1 min

Monday Market Snapshot - We are Seeing Price Reductions

Here is what has happened over the weekend: 1033 Properties came on the market 1292 Properties went under contract and or are sale pending We started the weekend on Friday with 7,149 properties available for sale (Active) and have 7,047 this morning. NOTE: We usually start the week with less on market than what is available on Friday when demand is high. Active Listing Inventory is up 24.7% from last month but that supply number is so low we are still seeing multiple offers o

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Carver Home Team

Aug 9, 2021
2 min

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 into it and take a closer look at the Phoenix Real Estate Market. There are 7,149 Homes for Sale 28,122 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 22.87 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.5% The Average Sales Price is $502,755 The Average 1 Year ago was $377,841 1 Year Increase i

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Carver Home Team

Jul 31, 2021
2 min

Phoenix Arizona Real Estate Market Update - The number of properties for sale broke 7,000 this week

The number of available properties for sale broke the 7,000 barrier. That’s the most since December of 2020…What else is going on? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 7,017 Homes for Sale 28,125 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 22.45 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.6% The Average Sales Price is $504,450 The Average 1 Year ago was $373,520 1 Year Increa

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Housing Market Snapshot - Here is what has happened over the weekend in Phoenix

Carver Home Team

Jul 28, 2021
1 min

Housing Market Snapshot - Here is what has happened over the weekend in Phoenix

758 Properties came on the market 1576 Properties went under contract and or are sale pending We started the weekend on Friday with 6,842 properties available for sale and have 6,412 this afternoon. NOTE: We usually start the week with less on market than what is available on Friday which means demand is still high. Over the last 90 days we’ve sold 28,961 properties in the Greater Phoenix Metro Area. To put perspective on that number last year at this time we were at 26,147,

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Carver Home Team

Jul 24, 2021
2 min

Phoenix Arizona Real Estate Market Update - The Inventory Absorption Rate is up 26% since May

The number of available properties for sale went up AGAIN this week. It’s up 14% since last month…AND the Inventory Absorption Rate has gone up 26% in the past 2 months. How is this impacting sales and prices? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 6,842 Homes for Sale 28,781 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 21.39 Days The Average Days on Market is 27 The List to Sales Price Ratio is 101.5% The Av

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Carver Home Team

Jul 18, 2021
2 min

Phoenix Arizona Real Estate Market Update - The Average Sales Price Dropped!

The number of available properties for sale went up this week by another 4%, that’s 8.36% in two weeks…AND the Inventory Absorption Rate finally topped 20 Days AND the Average Sales Price DROPPED for the first time in 7 months. Want to know how this could impact us? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 6,594 Homes for Sale 29,036 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 20.44 Days The Average Days on Ma

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Carver Home Team

Jul 15, 2021
1 min

When will the Housing Market Crash? Part 6

The #1 Most Googled Question Regarding Real Estate: When is the Housing Market Going to Crash? We continue to answer that question in the video below. #realestate #HousingMarket #housingbubble #housingcrash

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Carver Home Team

Jul 11, 2021
2 min

Phoenix Arizona Real Estate Market Update - Is this Seller’s Market actually starting to cool off?

The number of available properties for sale went up this week by 4.36%…AND the Inventory Absorption Rate is edging closer to 20 Days. Is this extreme Seller’s Market actually starting to cool off? Let’s get into it and take a closer look at the Phoenix Real Estate Market. There are 6,339 Homes for Sale 29,169 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 19.55 Days The Average Days on Market is 28 The List to Sales Price Ratio is 101.5% The Average Sales P

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Carver Home Team

Jul 8, 2021
1 min

When will the Housing Market Crash? Part 5

The #1 Most Googled Question Regarding Real Estate: When is the Housing Market Going to Crash? We continue to answer that question in the video below. #realestate #housingmarket #housingbubble #housingcrash

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Carver Home Team

Jul 6, 2021
1 min

When will the Housing Market Crash? Part 4

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Gilbert, AZ 85297