Remove Development Remove Fixed-rate mortgage Remove New Construction Remove Purchase and sale agreement
article thumbnail

Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

It could only pause sales, which in turn created a huge pent up demand. The Phoenix real estate market has not only recovered after a slump due to COVID-19 but the demand has reached new heights. The annual real estate appreciation rate is in double digits. In July, the median sales price — up 3.3% for the last 12 months.

Marketing 135
article thumbnail

Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 Data by Realtor.com also corroborates that in July 2020, the Naples housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. percent year over year. This was a 27.5

Marketing 106
article thumbnail

Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing 128