Category Archives: Sonoran Foothills Real Estate Market

Phoenix Real Estate/Sonoran Foothills Real Estate Market Update

Posted on September 7, 2011 by

Phoenix Real Estate/Sonoran Foothills Real Estate Market Update First and foremost, the real estate housing market in Phoenix, Arizona is CONFUSING.  The national media ‘HYPES’ the shadow home inventory and the stock market/economy is stagnant.  What MOST fail to understand about … Continue reading →

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Sonoran Foothills Real Estate Market Conditions June, 2011

Posted on August 9, 2011 by

Two noteworthy trends:  1) TW Lewis RAISED the price of 1631 W. Dusty Wren Dr. from $370,748 to $379,900.  2)  Homes sold were sold for 99% of list price on average.  THIS TELLS ME THE MARKET IS IMPROVING! The number … Continue reading →

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Sonoran Foothills Real Estate Market Conditions April 2011

Posted on August 9, 2011 by

The overall trend in the Phoenix Metro area is the market is constricting.  Demand is higher, inventory levels are lower and buyers are having a hard time ‘locking’ down a home in contract.  Buyers are having to write quickly and … Continue reading →

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Sonoran Foothills Real Estate Market Conditions July 2011

Posted on August 9, 2011 by

Arizona MLS stats: Last year we had a 6.1 months supply of homes. Now we have a 3.1 months supply. Sales for July were UP almost 30% from last year, Pending Sales for July were UP almost 20% from last … Continue reading →

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