When the median time on the market was 13 days in 2005, the market was in an unmitigated bubble, with bidding wars and daily price increases.
When it took 80 days to sell a home in 2008, we were in the middle of a horrible correction, with prices cratering month after month.
Today the market feels just about right - like the Goldilocks market we've come to expect from Phoenix.
- Chris Butterworth
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