Buyers…did you know?

Buyer’s Market in AZ and what that means.

If you have been paying attention to the AZ Real Estate Market this year then you know we are in a buyer’s market. And if you are a buyer here is what this means for you!

You will have a lot of homes to choose from as the AZ inventory has remained high this year. This means we will be working with motivated sellers…which in turn means chances are great that we will get under contract with very favorable terms and conditions.

Favorable terms and conditions may include:

· Attractive sales price

· Seller paid credits at close of escrow

· Seller paid home warranty

· Closing date flexibility

Sellers – it is important to be aware of what this buyer’s market will mean for you as well. You can still successfully sell your property, but it will take the proper expectations and planning right from the get-go. I can help you with this!

Don’t forget that numbers don’t lie…so here are some August stats for you.

· Active Listings – In August we had 23,409 homes for sale.

· Average Days On Market – Homes are on the market for 90 Days before being sold.

· Sold Price – The median sold price was $445,000 in August

· Sold Homes – A total of 5,477 homes sold in August

As of 9/6/26:
Mortgage Rates – FHA 6.44%, VA 6.46%, Conventional 6.89%
Arizona Inventory – Over 24,000 homes for sale (per ARMLS)
Days On Market – 90 days currently (per ARMLS)

Thought Of The Day…
I went for a run this morning. I’m still chasing my goal of 500 miles this year. Running in AZ in the summer is no joke…Here’s to cooler weather! And…cooler weather means football is back! Go Raiders!! But…my Super Bowl picks are the Rams to beat the Texans!