The Realty Life of Brian
As of this morning, January 18, 2025, there are 21,785 active residential listings available on the Arizona Residential Multiple Listing Service (ARMLS). Demand Trends: Buyer…
Read this: The Realty Life of BrianThe Realty Life of Brian - January 22, 2025
Brian Smith
As of 11:00am, January 22, 2025, the Arizona housing market exhibits notable trends:
Active Listings: The Arizona Regional Multiple Listing Service (ARMLS) reports 21,588 active listings, indicating a substantial inventory for prospective buyers.
Home Prices: The average home value in Arizona stands at $426,947, reflecting a 0.4% increase over the past year.
Sales Activity: In December 2024, the number of homes sold in Arizona rose by 17.6% year-over-year, suggesting a robust demand in the market.
Market Predictions: The Arizona Association of REALTORS® anticipates increased market activity in 2025, with interest rates expected to stabilize slightly.
These trends indicate a dynamic housing market in Arizona, characterized by steady home values, increased sales activity, and a substantial number of active listings.
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