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How’s The Market?
The housing market reflects our hopes, our fears, and our future plans. But sometimes, the numbers behind it tell a deeper story—if you know how to read them.
Right now in Greater Phoenix, we’re seeing a shift. For months, home prices stayed high, even when the market signs said they shouldn’t. Like Wile E. Coyote running off a cliff—prices were suspended in mid-air, defying gravity. But in April, they finally looked down.
Home prices per square foot have dropped nearly 3% in just one month. That’s not normal—it’s significant. The median home price fell by $15,000. And we expect prices to keep dropping over the next 30 days. Why? Because listings are way up—47% higher than last year—meaning there are more sellers than buyers right now. When supply outweighs demand, prices fall. Simple.
Now, this doesn’t mean the sky is falling. It means the market is recalibrating. Luxury homes are slowing down. Builders are cutting prices. And buyers? They finally have options again—and some negotiating power.
This is a moment of opportunity—but only if you’re informed and willing to act wisely. In real estate, timing isn’t everything…but it’s close.
So whether you’re buying, selling, or simply watching the market—understand that gravity always wins. And in housing, the smart move is paying attention before the drop.”
6th Community Yard Sale
5th Community Yard Sale
2nd Annual Clemente Ranch Spring Cleaning Event
Clemente Ranch Happy Hour
VMA September 2024
VMA January 2025
If you are thinking about buying a home in South Chandler, specifically Clemente Ranch, you'll want to check out this 5 min. video! If you live in the neighborhood and are just curious to learn more and or see the area from a different perspective this is also for you!
Real Estate should make life enjoyable, but dealing with major decisions can leave you anxious and uncertain. I don't just care about selling homes. I care about you by making the process easy and helping you make more money. It's so easy to get caught up in all the emotions and everything happening but it doesn’t have to be that way. With Graham Group Real Estate you will be treated like you are our most important clients. We have your bank account in mind, not ours.