Metro Phoenix Home Prices Drop $45K in 4 Weeks

The Metro Phoenix housing market just experienced a last-minute shift. A flurry of end-of-month closings helped rebalance the supply / demand ratio—improving conditions slightly for sellers. While the average sale price is still down—now nearly $45,000

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A Look Into Luxury April 5th 2025

Arizona’s luxury real estate market is on fire in early 2025! Sales of homes priced at $3 million and above are soaring, with over 80 properties moving each month—a stunning 35% increase from last year. The ultra-luxury segment is also setting records, with three homes over $14 million sold, already outpacing 2023’s total. Amidst this boom, rising inventory levels hint at potential shifts. Stay ahead of the market trends—contact Michael Hankerson for exclusive insights and personalized guidance.

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Metro Phoenix Housing Market Update March 2025

Discover the Metro Phoenix housing boom in March 2025! Home sales leaped to 4,584, up 7% from last year. With prices stabilizing and mortgage rates dropping, the market buzzes with activity. However, a 48% rise in inventory introduces new challenges for sellers. Dive into the dynamics of this evolving market!

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Metro Phoenix Housing Update Q1-2025

Maricopa County’s housing market is hitting record-breaking milestones in Q1-2025! The average sale price for single-family detached homes (SFD) soared to an all-time high of $735,895. Concurrently, the market’s inventory expanded significantly, with over 14,500 SFD homes available for sale—the highest in recent years. This surge in both prices and availability marks a pivotal moment for potential buyers and investors in the area..

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