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July 10, 2022 Market Update

Sunday, July 10, 2022   /   by Bryan Baylon

July 10, 2022 Market Update

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:

  • Buckeye
  • Cave Creek
  • Fountain Hills
  • Phoenix
  • Scottsdale

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.
Keller Williams Northeast Realty - The Baylon Group
Bryan Baylon
2005 W. Happy Valley Rd #150
Phoenix, AZ 85085

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Bryan Baylon - Keller Williams Northeast Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. July 15, 2024
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