August - 2018

Fun Things in the Valley in September!

If you are looking for some fun things to do this September in the Valley...look no further.

Supply between $200K-$250K has Risen 8.1% since May Seller Price Reductions Up 7% in Popular Price R

For Buyers: If your budget lies somewhere between $200,000 and $400,000 for a home, there’s good news for you. Supply between $200,000 and $250,000 has been rising gradually over the past 12 weeks. After dropping 15% from 2,300 listings in January to 1,944 in May, it has since risen 8.1% to 2,101 listings in August, placing it only 6.7% below last year’s count instead of 18% below like it was 3-4 months ago. Listings between $250,000 and $400,000 have also risen sharply 5.3

AZ Market Summary for the Beginning of August

Starting with the basic ARMLS numbers for August 1, 2018 and comparing them with August 1, 2017 for all areas & types: Active Listings (excluding UCB): 15,686 versus 17,412 last year - down 9.9% - and down 2.6% from 16,101 last month Active Listings (including UCB): 19,415 versus 21,484 last year - down 9.6% - and down 5.1% compared with 20,464 last month Pending Listings: 5,655 versus 6,085 last year - down 7.1% - and down 7.2% from 6,092 last month Under Contract Listings (

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