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August 6, 2022 Market Update

Saturday, August 6, 2022   /   by Bryan Baylon

August 6, 2022 Market Update

The closed transaction counts for July were unusually low, but the drop was different for the various categories of sales. Below are the counts compared with July 2021 showing the percentage changes. These numbers are for Maricopa County only, and include single-family and townhouse / condo properties.
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Between them, iBuyers and institutional investors represented almost 15% of the purchases, but only 2% of the sales.

Market insights provided by the Cromford report.
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085
602-410-0827

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