The Phoenix market is heating up. Overall inventory is shrinking and demand is going up. The average days on the market for metro Phoenix in May was 81. Some neighborhoods are selling faster than others though. Let’s take a look at some southwest valley neighborhoods in Goodyear and Buckeye to see who is hot and who is not.
Palm Valley – HOT! – current days on the market 67, current months of supply 3.17
Estrella – HEATING UP! – current days on the market 101, current months of supply 2.36
Verrado – NOT! current days on the market 121, current months of supply 5.76
If you would like more information on your Phoenix neighborhood. Please contact me at firstname.lastname@example.org
All numbers are from the Arizona Multiple Listing Service (ARMLS)