Phoenix Metro Real Estate Stats

For October 10, 2022

For Sellers: We are coming into our selling season in Oct-May.  The best time to sell is before the holidays because most sellers wait until after the holidays, so there is less competition at this time.  December has always been a good selling month for me.

Most sellers don't like to drop their prices. they prefer to give sellers concessions which are on the rise.  A well-priced home is still selling between 95%-97% of the listing price.  Expect at least 90 days on the market. 

If you are thinking of selling your home, I would love the opportunity to talk to you about marketing and selling your property.

For Buyers: Seller-paid closing cost is expected to continue to rise.  Aside from paying the buyer's closing cost for title fees, pre=paid taxes & insurance, and lender fees.  Seller-paid concessions can also be used to lower the buyer's mortgage interest rate, easing the pressure on the monthly payments. 

If you are considering purchasing a home, I would love the opportunity to help you!