Economic indicators illustrate strong Phoenix metropolitan housing market

Millon-dollar homes are being sold at historic rates in both the city of Scottsdale and the Town of Paradise Valley. / Photo by Arianna Grainey

By Terrance Thornton | Paradise Valley Independent

Real estate experts agree the Phoenix metropolitan housing market is primarily a seller’s paradigm at the moment, but Realtors also say it depends on what you are trying to sell.

With reportedly more than 200 human beings moving to Maricopa County every day, real estate experts contend calendar year 2020 could be a boom year in Arizona real estate.

For both the Scottsdale and Paradise Valley housing markets calendar year 2019 saw significant gains in value, price and sales volume meanwhile listing volume continues to shrink.

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