A quick way to tell who has the advantage
If you're trying to decide how much negotiating room you really have, I look at supply first. Recent numbers put supply at 7.28 months in Fountain of the Sun, AZ last month, which is a meaningful signal for buyer leverage. Leverage changes everything. It affects price, timelines, and how much you can ask for in the contract.
If you only remember one closed data point right now, make it this supply stood at 7.28 months last month in Fountain of the Sun, AZ. That same period also showed buyers typically landing at 97.5% of asking and a typical sale timeline of 70 days. That matters because higher supply usually means more choice, and choice creates negotiation room. Some metrics were not reported for this period. Still, when supply sits at 7.28 months and accepted deals are under asking, I do not treat the asking price as a take-it-or-leave-it number. If you're buying, use the supply signal to stay disciplined on price and ask for terms that reduce your risk, since the typical deal has not required paying full ask. If you're selling, price tighter to the market and make your home easy to say yes to, because buyers have options when supply is 7.28 months. Either way, set realistic timing around the 70-day typical sale pace last month in Fountain of the Sun, AZ.
About Jeff Setlow
Jeff Setlow is a licensed Real Estate Professional affiliated with Exp Realty, specializing in the Fountain of the Sun 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 →