Each year, more homes sell in Phoenix in the 1st half of the year (January - June) than the 2nd half (July - December.)
- The overall trend is upwards; more homes are selling each year.
- In addition, each year's first half and second half have seen more homes sold than the previous year.
- And finally, it's interesting to note that the 2nd half of each year has a sales volume similar to the first half of the previous year.
Based on history's trends, we can expect the market to slow down a little bit in the 2nd half of the year, but I imagine we'll still end up with more than 8,500 homes sold, which would be a very brisk pace..
- Chris Butterworth
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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.