Sunday, July 10, 2022 / by Bryan Baylon
We have added a new chart - Average Price per Square Foot for Active Listings by Major City
This allows you to compare prices over the last 3 to 4 months for each of the 17 largest cities.
We can see obvious weakness in asking prices for:
- Cave Creek
- Fountain Hills
The remaining 12 cities have mostly been moving sideways. However Phoenix and Scottsdale account for about one third of the total market, so if these are trending down, the whole market measures will tend to follow suit.
Market incites provided by the Cromford report.