The Phoenix housing market is changing once again. Last month there were 8,867 homes that sold in our MLS. There are just shy of 14,000 properties on the market a this very moment. Divide the sold’s into the current listings and you can see we have less than a 2 month supply of homes available. A normal market is considered 5-7 months supply.
If you have trouble viewing this video, please click here…. Phoenix Real Estate Market Report