Now is the time to sell in the metro Phoenix area!

Homes for sale

Now is the time to sell in the metro Phoenix area………….

Most folks wait to hear from the media when to buy and sell, however, now is the time to sell in the metro Phoenix area.

There is a good chance you’ve been hearing about the hot the real estate market. Like many homeowners you might be considering a move but you’ve been waiting for the right time. As a real estate professional I’m thrilled to report a positive outlook for those who are thinking about selling.

Below are statistics that indicate it may be a sellers market.

– According to the Association of Realtors inventory of available homes has decreased 3.3 percent from December of 2014 to December of 2015. In December of 2015 there was a 5 month supply of homes, this is below the 6 month supply that many real estate professionals consider normal.

-The number of homes sold according to the National Associations for Realtors was 3.8 percent lower in 2015 than 2014, this is due in part to the lower number of homes available for sale. Typically when there are fewer homes for sale it is considered a sellers market.

– Additionally the National Associations of Realtors reported that single family home prices nationwide have risen 6.3 percent in 2015.

I am sharing this information with you because inventory in your local neighborhood is low, and I am hearing from agents and prospective buyers that they just can’t find what they are looking for.  Many homes under $300,000 are being snatched up quick.  The homes that are clean and updated are the one that are selling the fastest.

If you’ve thought about selling please give me a call. I’d love to visit with you for a no obligation and no pressure consultation.  Please feel free to call me at 602.363.1720 or email me at Lydia@ArizonaPowerAgent.com or fill out the form below.

 

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