There are currently 6,300 single family homes for sale in the Phoenix metro area. Last week there were 6,800 single family homes.
If you include condos, townhomes, mobile homes and duplexes there is a whopping total of 8,317 properties for sale for a metro area of 5 million-ish. To give you perspective, a "balanced market" is about 35,000 homes. So, there isn't a lot of work for real estate agents. And frankly, I'm not going to too much effort right now.
If anyone calls me to list their home or wants to buy something in this insane market, I am on it. Otherwise, I am sitting right here, with a book in my hand, enjoying my quarantined summer.
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