The numbers last month looked very strong with 8412 sales, which is up from what we saw last year at 7900 sales. The month supply of inventory fell to 3.29 and the average days on market fell slightly to 81 days. However new inventory is up slightly about 7%. One of the most interesting trends is what we see in the lower end of the market, with home sales under 200K making up 45% of the sales. The entry-level homebuyer and potential tenants are having trouble finding inventory that meets their needs and I don't see an answer to this problem currently. If you have questions about the home sales in your neighborhood feel free to give me a call, Dan Mullarkey, 480-296-5959.

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