Phoenix Real Estate Market Report for November 2022

The Real Estate Market update for November 2022.

Sales are down 39.7% from November 2022

Overal real estate is down 45%

Rates are up from 2.98% to the high 6% to low 7% range.

Last year at this time the market was in an extremely strong sellers’ market, and now it’s a buyers’ market.

Full Arizona November 2022 Market update below:

 

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