Home values and prices continue their decline as they dip again in the 4th Qtr. We’re headed towards a buyer’s market.
sun city west
Home values were on the decline in Phoenix retirement communities during the third quarter of 2022. A stark contrast to the first quarter.
Home values inch higher in Phoenix retirement communities. At the six-month mark, home prices didn’t go down, but they didn’t go much either compared to the 1st quarter of 2022..
Home values surge close to 25 percent in Phoenix retirement communities. Over the last 12 months, homeowners have seen their house equity grow substantially weather a current home owner or new build.
March sees pending listings down -56% in Phoenix retirement communities. Checkout PHX retirement community April Market Report. Are prices down?
Sun City West Real Estate Market Report (May 2017). A dip in the number of pending transactions has resulted in the lowest levels for contracts in 3 months.
Low home inventory has been the big story in Sun City West all summer in the off season when the snowbirds have been gone. Steady activity continued..