Enjoy this Maricopa County Real Estate Market Report for this month.
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Market Statistics Overview – May 2020
Average Sales Price $353,568
What the Buyers & Sellers Need to Know
Buyers: Interest rates and active inventory dropped throughout the month. Properties are back to receiving 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: After a slow start to our peak season, we are finally showing signs of getting back on track. Our average and median sales prices remain relatively stable.
Virtual options for marketing your home, combined with staging and pricing your home well, will be even more critical than before.
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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ElizabethChionchio.com is the best source of information about the local community and real estate topics. Give Elizabeth Chionchio a call today at 623-469-7468 to learn more about local areas, discuss selling a house, or tour available homes for sale.