The numbers are in. 88 days on the market with with 6% -7.9% annual appreciation based on closed sales. Nationally days on the market is 63 Days, with 6.7 % appreciation year over year. Remember that the Phoenix market is large and subject to local pockets of strong and weak demand depending on the location. We are finding strong demand for homes in Chandler, Tempe, Ahwatukee and Scottsdale, especially if the homes are in good condition. Our buyers are looking for homes with granite counter tops with little to no remodeling needed. Homes with updated flooring, fresh paint and an updated look are selling briskly if they are priced near the comparable past sales. We are also seeing appraisers and the banks scrutinizing past sales to justify prices. As always, please feel free to contact us if you have any questions. We love talking real estate stats!