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Desert Housing Report, June 2023

July 30, 2023

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

According to the report:

  • Historical data for detached homes ended at $690,000, down 1.4% year-over-year.
  • Historical data for attached homes is up to $475,000, only 3.0% below last June record price of $491,056.
  • Total sales attached and detached are 772, up from 665 last month.
  • Inventory: 1,741 units, which is only 100 units less than last month.
  • Time on the market by price range and days on the market to sell a home: 40 days, which is four days less than last month, but 19 more than last year.
  • List price in relation to the sales price: 17.2 % of sales were above the list price, compared to 55% 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.