video1.0<iframe src="https://www.loom.com/embed/ba77b00cb0434c4dbe39173c7ef8cf96" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/ba77b00cb0434c4dbe39173c7ef8cf96-9412f09717240e3e.gif235.111I provide a detailed market update for the real estate market in Arizona, focusing on key data points such as new listings, active listings, months of supply, absorption rate, and median list prices for August 2024. Sellers can expect increased competition, while buyers may have better opportunities due to lower interest rates. Acknowledging these trends is crucial for making informed decisions in the current market.