Market

April 26, 2024

Arizona real estate market update | April 2024

Greetings, 
I wanted to take a quick look at the market and provide a market update for your review. 
Let's jump in. 
"The first quarter housing numbers are in the books and the hoped-for increase in transactional sales volume has not come to fruition. Housing demand, as ...
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Posted in Market
Jan. 31, 2024

Arizona real estate market update | January 2024

Let's start with sales volume:
Year over year sales volume is down a whopping 37.3%. Month over month 14.4%. This is primarily due to higher interest rates in combination with higher home values given the run up over the past 3 years. 
salesvolume.png
Let's look at total inventory: 
Year ...
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Posted in Market
March 24, 2023

Arizona real estate market update | March 2023 | Consolidation is the theme

Market update March 2023 #EricWilliamsonRealtor 602.435.6708  

Overall the market is stable, low inventory but low buyer demand have created a consolidation zone for home prices. 
I hope you enjoy the information and please let me know if you have any questions. 

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Posted in Market
Oct. 25, 2022

Arizona real estate market update | October 2022 | Markets move in waves

I hope you enjoy the information and please let me know if you have any questions. 

Kind regards. 🏡

Highlights below | October 2022

 

Monthly Sales: 

The big takeaway here is sales are down about 30% year over year. 

New inventory:

New listings have slowed at a ...

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Posted in Market
March 23, 2022

Arizona real estate market update | February 2022, the highest median price, average price, and price per square foot on record!

This year, February 2022, reported the highest median price, average price, and price per square foot on record, up year-over-year 28.5%, 22.5% and 27.21%, respectively. ARMLS reported a staggering $7,876,294,827 in gross dollar volume, currently 19.1% ahead of last year’s pace. 
Average ...
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Posted in Market
Feb. 1, 2022

Market update January 2022 | Rinse repeat and appreciate!

This housing market in sunny AZ 🌵 continues to 🏠🔥 stay on fire! 
Key takeaways:
*ARMLS reported the highest sales volume of any January in our history. The 7,076 home sales this January eclipsed the prior January record for ARMLS sales by 6.69%. There were 6,632 sales reported by ...
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Posted in Market
Sept. 29, 2021

September 2021 Residential Real Estate Market Update.

We are still in the best sellers market EVER. Even though things have cooled off slightly from the activity we saw in March 2021, you can still sell your home for the absolute top dollar with all the ease and convenience possible. 

They say that markets trade on momentum, well it is pretty clear we still ...

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Posted in Market
Aug. 25, 2021

August 2021Residential Real Estate Market Update.

We are still in the best sellers market EVER. Even though things have cooled off slightly from the activity we saw in March 2021, you can still sell your home for the absolute top dollar with all the ease and convenience possible. 

They say that markets trade on momentum, well it is pretty clear we still ...

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Posted in Market
June 21, 2021

May 2021 Residential Real Estate Market Update

Some exciting news from Eric Williamson Realtor.
We have been busy selling homes ($7.4 million dollars in volume year to date) however I came across an opportunity to serve my clients in a much more efficient way, deliver better customer service to all my clients and increase my personal sales production by joining the Hague Partners ...
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Posted in Market
April 2, 2021

March 2021 Residential Real Estate Market Update

Wow is March over already? I just want to take a moment and say HOLLY SMOKES!!!!
I have never seen a hotter housing market than what we are in right now. Here are the numbers: 
An increase is forecasted in March for both average and median sales prices.   ...
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Posted in Market