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April 14, 2022 Market Update

Thursday, April 14, 2022   /   by Bryan Baylon

April 14, 2022 Market Update

Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities

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Over the last month, 2 of the 17 cities have improved for sellers while 15 have deteriorated. The market strongly favors sellers, but the trend is now moving slowly towards a more balanced market. The average change in the CMI over the past month is -9.5% whereas it was -6.4% last week. The cooling of the market continues to accelerate, but it will take several months before reaching normal at the current rate of change.

Market incites provided by the Cromford report.
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085

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