HomeSmart - Scottsdale
10601 North Hayden Road, Suite I-100
Scottsdale, AZ 85260
10601 North Hayden Road, Suite I-100
Scottsdale, AZ 85260
Colleen Kukulski's Blog
Market Update 1/24/24
Posted On: January 24th, 2024 7:12PM
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. -Cromford Report
