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27 02, 2019

METRO PHX MARKET – List Price Reductions up 24% in Greater Phoenix

By |2019-02-27T21:16:42-07:00February 27th, 2019|Uncategorized|0 Comments

List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas Sellers: Stop Trying to Time the Market For Buyers: A weak 4th quarter for sales in 2018 has resulted in 11,874 price reductions in the first 5 weeks of 2019.  That’s 24% higher than this same time last year.  Price reductions on listings between $200K-$500K specifically are up 40%.  The most notable price range with a 42% increase is $200K-$250K. This may [...]