Inventory Drops Again, Sales Slow Inventory Drops Again, Sales Slow Highlights: Existing Home Sales are now at an annual pace of 5.52 million. Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25thmonth in a row of declines. The median price of homes sold in June was $263,800. This is the 64th consecutive month of year-over-year price gains.
Copyright © 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.