Phoenix Real Estate Months Supply by Price Range

Have a house to sell that you’ll list for less than $500K? In today’s market, you have a property that’s in demand. Over the past two years, the Phoenix real estate market has changed dramatically!

Back in August 2010, the Sellers’ Market consisted of homes priced $75,000 and under.

Inventory-by-price-range 

Almost a year later, in June 2011, the Sellers’ Market had surged up to the $350,000 and under price range.

Months-supply-phoenix-homes

Wondering what a Seller’s market is?  It’s when there is less that a 5 month supply of homes on the market.  A balanced market is a 5-7 months supply, and a Buyer’s market is anything over a 7 months supply.

So, if you’re thinking about selling, please let me do a market analysis for your property, so you can get a good sense of what your home is worth and about how long it might take to sell. 

Here are a few video tips, just for home sellers, that will give you an idea of who I am and how I can help you  in today’s market.