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February 2023 Real Estate Market Update Phoenix, Arizona

Celina Acosta February 23, 2023

It is a weak and delicate Seller's Market and we know that it can turn at any moment. Interests increased again this week and demand is still low, but when it’s met with lower supply there is less downward pressure on price and that's the reason why our prices haven't crashed. We just do not have an oversupply of homes for sale.

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