I look at pace and supply before I answer that question.
If you are deciding whether patience still helps in Red Mountain Ranch, AZ, I would not answer without checking both pace and supply. Last month, there were 4.33 months of inventory and a typical sale took 28 days, so patience has to be balanced against real competition.
Last month, there were 4.33 months of inventory and a typical sale took 28 days. That combination tells me Red Mountain Ranch, AZ is not a place where waiting without a reason usually improves your position.
I would treat patience as a tool, not a strategy by itself. The numbers tell me there is still room to think, but the market is active enough that indecision can work against you.
Use patience with a purpose. Do not let hesitation become your plan. Let the supply and pace guide the timing.
