I would use the larger pool to compare harder, not to drift without a plan.
If you have been waiting for more selection in Phoenix, AZ before making a move, you have it. I would use this window to compare homes more carefully because active listings rose to 4,531 last month.
Phoenix, AZ had 4,531 active listings at the end of last month, up 10.1% from the prior month. New listings during the month totaled 1,755, and those homes entered at a typical asking price of $489,900. That is useful for buyers because it creates more side-by-side choices. My advice is to treat the added inventory as a tool for better decision-making, not as permission to lose urgency on the homes that are well priced and aligned with recent sales. Set three non-negotiables before you tour. Compare new listings against recent sold prices, not just against other fresh asking prices. Revisit your short list weekly so you can act when the right home appears.
About Jeff Setlow
Jeff Setlow is a licensed Real Estate Professional affiliated with Exp Realty, specializing in the Phoenix market. With a focus on strategic marketing and deep local knowledge, Jeff Setlow provides clients with expert guidance in navigating complex real estate transactions. View full profile →
