June/July 2013 Market Summary

I’ve been seeing properties dropping in price because sellers listed too high recently, watching an upward-trending market. But, watch for prices to level in CenPho over the summer, followed by a push upward again in September. To be clear: this is not a price drop, it is a plateau. So, you won’t be able to offer 20% less to a seller and be taken seriously.

The graph, below shows how those prices have started to plateau a little, going in to the summer.

In the next four months, watch for fewer properties to come on the market and for it to take longer to find the right house. But don’t give up!

If you are starting to look, call me at 602-456-9388 if you want more insight and information.