Home Sales Spiked in March…and Sold Fast

An abnormally warm winter, strong consumer confidence and robust underlying demand ended up being the perfect formula to push existing-home sales in March to their highest pace in over 10 years.

More notably, despite the fact that supply is extremely tight and buying a home has gotten more expensive, home sales are up convincingly from a year ago nationally and in all four major regions.

In addition to the 4.4 percent leap in sales last month, equally impressive was the fact that homes typically sold 11 days faster than in February and 13 days quicker than a year ago. There’s no question that buyers are struggling to find an affordable home to buy, and when they do, they have to act very fast just to have a chance.

To reiterate what NAR Chief Economist Lawrence Yun said during this morning’s press conference: “sales will go as far as inventory does.”

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11100 W Alsdorf Road Arizona City, AZ 85123

$19,999
2 Beds
1 Bath
840 SqFt
Status Active
MLS # 6630543
Property Type Manufactured Home
Price Type --
Very well maintained 2 bed 1 bath unit in this 55+ Community. Land lease includes water, sewer and trash. Low maintenance yard. This unit has inside laundry. Community pool. Grilling area and coined laundry. Short driving distance to local shopping and medical facilities.

9447 E Kedron Drive Hereford, AZ 85615

$19,900
2 Beds
1 Bath
1,462 SqFt
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MLS # 6480354
Property Type Manufactured Home
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Fix it up! Clean it up! Live it up! A severe fixer upper located in a quiet neighborhood. Owner will carry.

659 N Utah Avenue Hayden, AZ 85135

$19,000
6 Beds
3 Baths
1,870 SqFt
Status Active
MLS # 6643836
Property Type Twin Home
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265 S Smelter Road Hayden, AZ 85135

$19,000
1 Bed
1 Bath
840 SqFt
Status Active
MLS # 6647911
Property Type Single Family Residence
Price Type --
This is a great place to create a ranch and have all the off road devices you possibly want. Come take a look at the possibilities today!

5201 W Camelback Road Phoenix, AZ 85031

$18,000
2 Beds
1 Bath
600 SqFt
Status Active
MLS # 6610629
Property Type Manufactured Home
Price Type --
***Highly Motivated Seller***55+Park***You will enjoy the spacious feeling in this 2 bedroom 1 bathroom home, a super cute home, and a bargain to boot! This adorable place could be either your primary home or your Arizona getaway! Boasts an beautiful Arizona room, which is where the second bedroom is. The interior of this darling place has been well taken care of, with upgrades galore: New wall unit style AC/Heating units remotely controlled as well in Front room, bedroom and 2nd bedroom. Freshly painted inside recently inside. The refrigerator and dryer stay. Low maintenance yard. Buyer to verify schools. New hot water heater as of Jan 2024! The water and sewer are also included in the lot rent! Lot rent is approximately $855.00, Live in a great 55+ park with many amenities to enjoy. Heated pools and spas, or enjoy your days playing pool or reading from the vast library. The walking and biking path winds through the community. This place is bargain paradise!

16005 N 32nd Street Phoenix, AZ 85032

$18,000
1 Bed
1 Bath
800 SqFt
Status Active
MLS # 6635032
Property Type Manufactured Home
Price Type --
Seller Financing Available! This one bedroom, one bath is located within the 55+ age restricted community of Paradise Valley Ranch. Freshly painted, this home features central AC and heat, gas cooking and all appliances including W/D. It features two extended covered carports offering privacy and shade. Located at Paradise Valley Ranch 55+ Community operated by Treehouse Communities. Community amenities include, pool, spa, fitness, recreation center, outdoor dining and laundry. The lots are spacious and private.

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