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Month's Supply | Paradise Valley | June 4th 2019

4-5 million shows the biggest improvement with a balanced supply (probably based on new construction sales).
Jan Kabbani  |  July 30, 2019
Up to 2.5 million is a balanced market for buyers and sellers. 2.5-4.0 million has improved in “month’s supply” but still has over 1 year of supply.
 
 
4-5 million shows the biggest improvement with a balanced supply (probably based on new construction sales in this category. The one category unchanged with nearly two years of supply is the over 5 million price range. To date however, there have been 15 closed sales in PV over 5 million.

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