How’s the Market? Here is the May 2017 West Valley Market Report Spring Selling Season continued with some amazing numbers. Homes are selling faster and home values continue to rise! All West Valley cities had an increase in the average sales price, Litchfield Park with 22.57%  over last year, Avondale and Buckeye both showing double digit increases. Days on Market dropped in cities as well. Avondale having the lowest inventory at only 1.84 months, followed closely by Glendale at 1.86 months. Maricopa county overall has only 2.86 months of inventory, continuing to be a strong sellers market. All cities had an increase of the amount of homes sold, except Surprise with 370 homes sold in April versus 362 homes in May.

As the temperatures have moved into the triple digits, it will be interesting to see what the summer market will bring, stay tuned!

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Tags: Buyers, Market Condition, Market Reports, Sellers