The State of Our Housing Market: The Latest Numbers You Need To Know

Everything you need to know about the state of our housing market.


What’s going on in Phoenix’s housing market? I’m currently on summer vacation, but that isn’t stopping me from sharing the latest numbers from our area with you! Today, I’ll go over housing prices, supply, interest rates, and much more. I am here to help you be better prepared to make the best buying or selling decision for you. 


You can listen to my full market update in the video above or skip to each topic using the timestamps provided: 


0:00 — Introduction


1:20 — Monthly average sales price 


3:03 — The Federal Reserve has paused interest rate increases for now


5:37 — Prices have risen quickly in our area 


8:03 — Appreciation in our area so far this year 


9:02 — Monthly median sales price


10:35 — Summing up the state of our market


12:14 — Wrapping up 


As always, call or email my team and me with any questions about the market. We’re always willing to help you!