So Just How Fast Are Homes Selling In The Market Today?
We're seeing an average time on market of about 25 days right now for homes in the valley.
This still puts us in a seller's market - but buying is still a smart move as equity is still expected to rise over the next few years.
Don't get scared that home prices are the highest they've ever been; the good news is purchasing power is also at its highest with low interest rates! Experts predict the equity in Arizona still has about 10% room to grow before leveling off over the next year or two, so what you purchase today is expected to be worth more in the future.
If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team - we’ll find the answers for you!
Shanna Day Dream Home Team
Keller Williams Realty East Valley