Real Estate Market Update | Metro Phoenix | July 2021 vs June 2021

Real Estate Market Update | Metro Phoenix | July 2021 vs June 2021

Metro Phoenix

Average Sales Price: June – $882,615 vs July – $787,773 = 11% decrease

Average Days On Market: June – 30 vs July – 32 = 7% increase

Average Sale Price Per Square Foot: June – $310.38 vs July – $305.84 = 1% decrease

Sale to List Price Ratio: June – 100.12% vs July – 100.70% = 1% increase

Number of Sold Listings: June – 868 vs July – 775 = 11% decrease

Months Supply of Inventory: June – 1.9 vs July – 2.05 = 8% increase

Mortgage Rate: June – 3.19% vs July – 3.04% = 5% decrease

  • Top 10 Sales
  • $10,000,000 6101 E Cactus Wren Rd, Paradise Valley AZ
  • $7,600,000 5959 E Hummingbird Ln, Paradise Valley AZ
  • $6,650,000 5901 E Stella Ln, Paradise Valley AZ
  • $6,050,000 6941 E Bronco Dr, Paradise Valley AZ
  • $6,010,000 3310 E Stella Ln, Paradise Valley AZ
  • $5,400,000 6710 N Joshua Tree Ln, Paradise Valley AZ
  • $5,250,000 6115 N 38th Pl, Paradise Valley AZ
  • $4,950,000 6817 N 46th Pl, Paradise Valley AZ
  • $4,700,000 6723 N Desert Fairways Dr, Paradise Valley AZ
  • $4,550,000 6874 E Joshua Tree Ln, Paradise Valley AZ

#GrantVanDyke​ #VanDykeRealtyGroup​ #MetroPhoenixRealEstate

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