The Valley Stats for June 27, 2022

By
Real Estate Agent with Arizona Elite Properties SA545073000

Big inventory gain last week in the Valley! Market Action Index continues to tip towards our buyers out there. Still a way to go until we see a "balanced" market, but we sure seem to be headed in that direction... and quickly!

 

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Bill Salvatore / Arizona Elite Properties
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Selling Arizona for more than 19 years

Founder: AZVHV Arizona Veterans Helping Veterans
Recipient: East Valley Tribune’s: Best Gilbert, Arizona Realtor 

 

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Comments (8)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bill. Is balance really making a come back or is the increase in inventory a knee-jerk reaction? Time will tell us the real story. Enjoy your day.

Jul 02, 2022 05:01 AM
Bill Salvatore - East Valley

You probably are right Wayne. 

Jul 02, 2022 06:31 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Jul 02, 2022 05:05 AM
Bill Salvatore - East Valley

TY Roy, enjoy your Holiday weekend. Bill

Jul 02, 2022 06:31 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I like seeing a big inventory gain!  Things have seemed to cool down a bit and we are headed towards a balanced market.

Jul 02, 2022 05:32 AM
Bill Salvatore - East Valley

So want balanced market, enjoy your Holiday weekend. Bill

Jul 02, 2022 06:32 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your holiday weekend!

Jul 02, 2022 06:25 AM
Bill Salvatore - East Valley

TY Kristin, enjoy your Holiday weekend. Bill

Jul 02, 2022 06:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Happy to hear Valley area buyers are seeing some relief in terms of inventory shortage... still not so much here at my end.

Jul 02, 2022 07:00 AM
Bill Salvatore - East Valley

We are up to 18,000 active listings.  We had avg 9000

Jul 03, 2022 02:05 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Bill - we see it and we will be watching the trend.

Jul 02, 2022 07:03 AM
Bill Salvatore - East Valley

we will see.  Happy 4th. bill

Jul 03, 2022 02:06 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Definitely not a balanced market here as of now Bill, but that's what we're reading about in the media.

Jul 02, 2022 07:25 AM
Bill Salvatore - East Valley

I see.  Happy 4th. bill

Jul 03, 2022 02:06 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Bill, nice to finally see areas seeing increasing inventory.  Time the buyers get a reprive.

Jul 02, 2022 07:52 AM
Bill Salvatore - East Valley

it sure is, Happy 4th. bill

Jul 03, 2022 02:07 PM