Enjoy this Maricopa County Real Estate Market Report for this month.
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Market Statistics Overview – June 2020
Average Sales Price $305,000
What the Buyers & Sellers Need to Know
Buyers: Interest rates and active inventory dropped again this month. Properties continue to receive multiple offers.
On a positive note, we have a higher proportion of FHA and VA buyers closing on homes. Remember, you will usually get a good price or good terms concessions/contingencies), but rarely both.
Related: Buying a Home
Sellers: Our market made a major comeback this month! Our average and median sales prices both increased significantly since May.
Don’t get too comfortable, however, as strategic marketing and realistic pricing are still needed for a successful home sale.
Related: Selling Your Home
I hope you have found this report beneficial. Although it provides a general overview of the market, it won’t take the place of a knowledgeable real estate professional.
|BUCKEYE / VERRADO||GOODYEAR|
|LITCHFIELD PARK||VICTORY AT VERRADO|
|CANTAMIA||ESTRELLA MOUNTAIN RANCH|
|PEBBLE CREEK||SUN CITY|
Homes for Sale in Maricopa County
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