The Market’s Mood Shift: From Frenzy to Fair Fight
After years of bidding wars and blink-and-you-miss-it listings, the pendulum is finally swinging back toward balance.
According to the National Association of Realtors (NAR), existing home sales rose 1.5% month-over-month in September to 4.06 million SAAR, a 4.1% annual increase. Inventory climbed to 1.55 million homes — a 4.6-month supply, the highest since mid-2022.
Median sale prices remain near a record $415,200, but longer days on market show that buyers are back in control of the tempo.
💭Why it matters:
This is the most “normal” housing market we’ve seen in years. Buyers have leverage again, sellers can plan ahead, and agents can breathe.
Locally, the Cromford Report shows supply inching higher while demand holds steady — a sign that Q4 may be Arizona’s most balanced season since 2022.
🐼Mama Bear’s Advice:
If you’ve been on the fence about moving, this might be your sweet spot — more inventory, less chaos, and still-strong pricing. Let’s talk strategy before the year wraps.
