What Hyperlocal Markets are doing the best? 5-22-24

by Josh Pieper

What hyperlocal markets are doing the best? 
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Over the past week or so, I've had a couple people ask me what local city markets are seeing the most improvements and performing the best. So I thought it would be a good opportunity to send the list out. 
 
This chart outlines a comparison over the last month in what we call the Cromford Market Index, which is a simple and straight forward index that measures the supply and demand of each city. Numbers between 90-110 indicate a balanced buyer/seller market. Over 110 Sellers Market, Under 90 Buyers Market. 
 
We've seen positive improvements in the following cities: Fountain Hills, Avondale, Peoria, Paradise Valley, Goodyear, & Buckeye. 
 
Current Average Mortgage Rates Below:
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Josh Pieper

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+1(480) 405-5697

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