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Jennifer’s Market Highlights for July 2025
Fox 10 news reports a noticeable cooldown that has home values in Arizona down 2.6% from last year. We (Jennifer M Quinn and company) are seeing high interest rates keeping buyers on the sidelines. Despite the slowdown, fellow realtors say there is an opportunity for buyers and Phoenix rarely sees a buyers’ market with a growing population. Jennifer Marie Quinn, Realtor, Surprise, AZ. Even with the cooldown this year, the median sale price of a single-family home in Arizona has gone up more than 50% in the last five years, jumping from $302,000 to more than $470,000 from February 2020 to February 2025, according to real estate company Redfin. The…