Is your housing market hot, warm, or cold?

Owning a home in a hot, warm, or cold market can make all the difference when pricing your house to sell. It takes some data research to determine the market your house is in and unfortunately less than 1% of all realtors have access to the data. Always work with a  realtor who is in the know.

Let me give you an example by showing the data for zip code, 85050. 

88.9 days worth of inventory (this means prices are being pushed up slightly)

157 active listings, 90 under contract (this means the market is warm so price the home accordingly so you don't miss out)

Price per sq. ft. is $135.76 (It's not the price that's important it's the fact that the price per square foot has remained steady or slightly increased over the past few month). 

72 sales in May, 82 sales in June (homes are continuing to sell)

This is information you realtor should know and share with you prior to placing your home on the market. If you and the realtor are not informed prior to putting your home on the market that's one big guess your realtor is making and one big chance of losing money on your investment. 

Curious what your market looks like? Send me an email, text, SOS or give me a call and I would be glad to provide you with useful information. (623)225-9482 KimberDevoe@gmail.com.