Here’s a snapshot of Phoenix real estate, showing the relationship between list price and days to contract for detached homes sold in the last six months.  The most affordable homes are typically going under contract in a month or less, while luxury homes priced over $1 million are taking several months or more to attract serious buyers.  Sellers and their agents hoping to adhere to a particular timeline should note these trends, pricing, and marketing aggressively to stay within these averages and avoid the stigma of stale listings.

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