Average Price Per Square Foot Hits Record Highs
Below is our table of Cromford® Market Index* values for the single-family markets in the 17 largest cities. For the first time since...
July Breaks Records in 2020: 65% of Homes Affordable in Greater Phoenix
For Buyers: It’s a jungle out there for buyers, but despite recent appreciation rates the HOI* measure for Greater Phoenix increased to...
AZ Housing Market is HOT...Top 5 AZ Cities Selling Over Asking Price
For Buyers: Greater Phoenix has a population of approximately 4.8 million people and 1.4 million single family homes, condos and...
AZ Housing Market Supply Hitting Historical Low
The market is becoming so lop-sided it is approaching absurdity. Demand has recovered and is now close to normal in most areas. The...
Listings Under Contract Hit New Highs
Listings under contract continue to accumulate as buyers write up contracts for the diminishing supply of homes for sale. Note how 2020...
Frenzy Is Back - 23% of Sales Close Over Asking Price Luxury Rebound - Contracts Over $500K Up 159%
For Buyers: Greater Phoenix is officially back to a frenzy market with more properties under contract than available for sale. Over the...