08/09/2025
Green markers dominate the chart, signaling good news for sellers. The trend, which began three weeks ago, has gained momentum as supply has declined through July and August.
Seller conditions improved in 14 cities, while just three—Maricopa, Tempe, and Surprise—shifted slightly in buyers' favor. Paradise Valley continues to outperform due to its exceptionally low supply.
Last week’s weaker-than-expected job numbers pushed mortgage rates down. The 30-year fixed rate is now around 6.55%, its lowest in ten months. This could help demand, although it’s still too early to tell. If rates remain steady, we may see more buyer activity, giving sellers additional leverage as supply tightens.
However, we’re watching closely. As cooler temperatures arrive in late September, the decline in supply may flatten. That could signal a shift in market dynamics ahead.
Curious what this shift means for your home’s value? Drop a 🏡 in the comments below—I’ll run the numbers for you!