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Desert Housing Report, July 2023

August 14, 2023

Market Watch LLC has released its most recent housing report for July 2023.

According to the report:

  • Historical data for detached homes ended at $665,500, down 6.3% year-over-year
  • Historical data for attached homes is up to $450,000, down 6.0% year-over-year
  • Total sales attached and detached are 717, only 74 units less than last year
  • Inventory: 1,629 units, which is down about 100 units from last month
  • Time on the market by price range and days on the market to sell a home: 39 days, which is 24 days more than last year
  • List price in relation to the sales price: 17.9 % of sales were above the list price, comparted to 48.3% a year ago

The above information provided is purely for informational purposes. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it.