Welcome to Merill’s Market Madness! In this month’s Phoenix real estate market update for June 2024, we dive deep into the latest trends and statistics shaping the housing landscape. Find out why Phoenix remains a seller’s market with insights on average sales prices, the impact of high interest rates, and the dominance of new construction homes offering competitive advantages.
Join me as we analyze the 15% decrease in home sales compared to last year, yet a slight rise in average prices. I’ll share crucial tips for navigating this market, whether you’re buying your dream home or considering selling. Learn about the surprising dynamics in the rental market and what it means for housing affordability in Phoenix.
Stay informed and make informed decisions about your next real estate move. Don’t forget to subscribe for more updates on Phoenix real estate trends and actionable tips to succeed in today’s market!
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Merrill Jencks | Big Helper Group EXP Realty | Gilbert, AZ REALTOR
2301 S Stearman Dr, Chandler, AZ 85286
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