In January 2023, focusing on the single-family detached market, all but 7 ZIP codes showed an increase in listings under contract over the last month. A few lucky areas more than doubled. These were:
Carefree 85377
Gilbert 85296
Gilbert 85297
Glendale 85306
Goodyear 85395
Mesa 85201
Mesa 85210
Peoria 85382
Phoenix 85007
Phoenix 85015
Phoenix 85020
Phoenix 85021
Phoenix 85023
Phoenix 85031
Phoenix 85043
Phoenix 85045
Phoenix 85054
Phoenix 85083
Sun Lakes 85248
Notable exceptions were Scottsdale 85251 and 85257 which both ended January with fewer homes under contract than they started.
While the real estate market is still not where it was a year ago, these are very promising moves in the right direction.
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