Matt and Katie talk with Buyers Agent, Alex Darugar on current market conditions, buyer competition level, inventory levels and offer advice to current and future homeowners considering entering the market in this month’s Real Estate Market Update.
ARMLS released stats a couple of weeks ago and described our market as going from a 13 alarm fire down to a 10 alarm fire. Are we cooling? Seeing signs of more inventory? May 2021 stats show a little uptick in inventory. But, what’s that doing and how will that affect our summer market?
Matt, Katie and Ryan talk all about that here in the May 2021 AZ Real Estate Update: https://youtu.be/1MhSp1aYlHA
Our inventory levels are at incredible lows. A month’s inventory is so very little for us. This month’s Real Estate Market Update with Matt and Katie explains a bit about that and what may be coming up for first time homebuyers.
March saw the most new listings since October of 2020 but more homes also sold in March than we’ve seen since July. We are still seeing very low levels of inventory going into April.
It’s time to sell. There has been so much equity gain in the last few months alone because of the low, low inventory levels. Selling is absolutely not a problem right now and sellers are finding it easier and easier with buyers bending over backwards to win the home. DM us for current pricing on your home.