Market Snapshot

Maricopa County–Market Snapshot

As 2017 begins. the market is in a good place. Distressed sales continue to decline, new construction numbers are improving, more people are qualifying for loans, and traditional sales are driving our market. Annual sales volume was up by 5.20% this past year, with ARMLS reporting 88,713 sales in 2016 compared to 84,249 sales in 2015.  As of January 1st, total inventories down 3.4% over 2016.  The strong demand of this past year combined with current  limited inventory suggests appreciation rates may speed up in 2017.-  Statistics and Analysis ARMLS copyright 2017

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