What Our Climbing Inventory Means for You
This rise in inventory levels will change our market this fall.
Let’s talk about our market’s inventory- did you know we’ve almost reached 16,000 active listings in Maricopa county? We haven’t seen that many for a long time. It’s a 400% increase from February, when we only had 4,000 active listings. If inventory keeps increasing at this rate, we’ll reach a balanced market by August, and a buyer’s market by September. A balanced market has an equal number of buyers and sellers.
If you are considering selling, now may be the time to act because we’re still in a seller’s market. However, know that it may take longer to sell, and you may have to do some repairs.
Give me a call, and I’ll go over the market data so you can decide if it makes sense to sell right now. Reach out to me at (480) 201-0416 or send me an email. I look forward to talking with you.