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REAL ESTATE
5 features selling homes fast in 2024
According to recent data from Redfin, homes in Phoenix sold after an average of 45 days on the market during this year compared to the 37-day average of 2023. If you’re looking to quickly sell your property this summer and minimize the time your property takes to close, consider implementing cost-effective upgrades and installations to increase your home’s aesthetic and financial appeal to home buyers. Here are five features that are selling homes fast in 2024.
$7.1M Phoenix home bought by an energy solutions CEO
Detroit Tigers outfielder and first baseman Mark Canha and his wife, Marcia, paid $6 million for a Phoenix house near Camelback Mountain. An energy solutions firm CEO and the co-founder of Stockdale Capital Partners were also among the buyers and sellers of the priciest metro Phoenix homes to sell during the first week of July. $7,100,000 ...
Ahwatukee home sale prices soared in June
Prices are still rising, supply is growing and homes are selling at a quicker rate across the Valley generally, but two of Ahwatukee’s three ZIP codes don’t reflect all three trends, according to data released last week by Phoenix Realtors. While the inventory of re-sale homes and both...
Positive signs showing in residential real estate’s challenging market
New listings climbed 15.8% for the first half of 2024 compared to last year, based on the latest data from Phoenix REALTORS. The month-over-month median sales price was up just 1.5%. Days on the Greater Phoenix market dropped over 11% for the year's first half. “It’s still a challenging marketplace...
Housing inventory increases as prices grow, home sales decline
As housing inventory increases, June home sales declined 7.2% from May’s strong showing and were down 11.6% year over year – atypical considering June historically has more sales than May. Across the 50 metro areas surveyed, housing inventory rose 6.7% from May and was up 38.1% over June...
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