HomeSmart - Scottsdale
10601 North Hayden Road, Suite I-100
Scottsdale, AZ 85260
10601 North Hayden Road, Suite I-100
Scottsdale, AZ 85260
My Blog
Phoenix, AZ Metro Cities Pricing Update
Posted On: June 10th, 2022 1:35AM
Here is a snapshot of monthly median sales prices for some of the major communities around the Phoenix Metro. Sales prices are a laggging indicator, so it will be interesting to follow these prices over the next several months to see if prices decrease. We have seen more listings, less sales, more price reductions, and lower listing prices per square foot. It is still a seller's market with inventory lower than normal from a historical perspective. However, buyers are starting to see more opportunities as the market has shifted.
