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The Realty Life of Brian - January 25, 2025
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Active Listings:

The Arizona Regional Multiple Listing Service (ARMLS) reports 22,257 active residential listings, reflecting a slight increase in inventory compared to recent days, providing more options for buyers.

Home Prices:

The average home value in Arizona is currently $426,947, marking a 0.4% increase over the past year. This steady growth indicates a relatively balanced market.

Sales Activity:

In December 2024, Arizona saw a 17.6% year-over-year rise in home sales, highlighting strong buyer interest and competitive activity.

Market Predictions:

The Arizona Association of REALTORS® anticipates further activity throughout 2025, with stabilized interest rates likely encouraging both buyers and sellers to engage in the market.

The current trends underscore a balanced market with growing inventory and stable pricing, making it a potentially advantageous time for buyers and sellers alike.

For your specific home needs, contact me.

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