Here’s a quick update on the Phoenix Metro housing inventory situation. Not much has changed in the past several months, and based on past volatility, that’s a good thing.
It’s still a seller’s market at $275K and under, and a buyer’s market at $600K and above. There’s definitely some softening at the upper end, compared to a couple months ago, but no dramatic changes at this point.
Past Posts on Phoenix Real Estate Inventory:
- Phoenix Real Estate Update: Comparing 2009 / 2010 Housing Inventory by Price Range – May 2010
- Insight into the Hot Phoenix Real Estate Market – October 2009
- Buyers Market? Sellers Market? Depends. – August 2009
- If you don’t believe the Phoenix real estate market is changing, you’d better look at this! – June 2009
- The Danger of Generalizations – April 2009
- How long will it take to sell your house? – February 2009
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