How long to sell a Phoenix House? November 2016
The answer to the question is that the length of time to sell a house in Phoenix will vary. Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area.
Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold in Phoenix Az. This will include all property types and price ranges.
What is the average time on market for Phoenix homes at this time?
93 days is the current average
1523 plus days is the longest time on market
What is the average time on market for Phoenix homes currently under contract?
59 days is current average for time to get home under contract
650 is current longest time for home
What is the average time on market for Phoenix homes that have sold in the last 30 days?
827 was longest time
How much current inventory is available on market, and does it benefit buyer or seller?
2.5 months – this benefits the sellers. It is a seller market
Quick Commentary – Values in Phoenix have been pretty steady, and have shown an increase over the past year. It is still a seller market, and this of course favors sellers. Homes are selling within a relatively quick time, especially those priced correctly.
Interested in Selling? Request a no obligation current market analysis appointment for your home. We can discuss the real estate market, the current housing competition for similar homes, best sales strategies to use, and of course likely home sale price. Request yours today