arizona republic real estate: Return to "NORMAL MARKET" in Phoenix Real Estate
- 09/25/22 10:27 PM
Home SOLD prices have dropped for the third consecutive month in September (based on contracts) to $440K median and we have returned to a NORMAL REAL ESTATE MARKET with the average listing taking 42 days to close per Arizona Republic real estate reporter, Catherine Reagor in an article dated today September 25, 2022. Reagor reports, "More good news for metro Phoenix homebuyers." ...."Valley home prices are on track to fall again in September, after dipping in August and July. But the reprieve for buyers shut out by an overheated housing market during the past few years comes as mortgage interest rates climb to the … (2 comments)
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
Home SOLD prices have dropped for the third consecutive month in September (based on contracts) to $440K median and we have returned to a NORMAL REAL ESTATE MARKET with the average listing taking 42 days to close per Arizona Republic real estate reporter, Catherine Reagor in an article dated today September 25, 2022. 
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