Real Estate market is still going strong.
Surprise AZ & Sun City West areas are still experiencing very low inventory. If you are thinking about selling this maybe the best time for you to sell fast and for the highest value.
June is typically the biggest month of the year for home sales, and this year is no different. Here are some highlights from last month’s housing report... June home sales increased 14.2% month over month, more than doubling the 6.4% average gain from May to June in 2015-2019. Year over year, sales were up 26.4%. The median sales price of $336,000 was 4.9% over May, very similar to the typical May-to-June increase of 4.6%. Year over year, June’s price is 21.9% higher than June 2020, which was $275,000. The 1.9% increase in inventory from May to June was far greater than the typical gain of 0.6%. Still, inventory was down 37.5% year over year. It continues to be a seller’s market, and the uptick in inventory has sellers confident they can find a new home once they sell. As always, I’m here to help. Feel free to email or call me if you need anything. Want to buy or list a home this year? Let’s book a time to meet.