Arizona Real Estate Monday Market Snapshot

Monday Market Snapshot

Here is what has happened over the past 48 hours:

428 Properties came on the market

684 Properties went under contract and are sale pending

We started the weekend on Friday with 5,867 properties available for sale and have 5,812 this morning. NOTE: We usually start Monday with less on market than what is available on Friday which means demand is still strong.

3,179 of those 5,812 Active properties have been on the market for 14 days or more. As we see percentage of Active properties on the market over 14 days go up you’ll see prices start to level out.