Upcoming Events

Spring Art & Wine Festival 

March 1 & 2, from 9:00 - 5:00 PM
Old Litchfield Rd. & Wigwam Blvd.
FREE (and dog friendly)

2025 March NASCAR Weekend

March 7-9
Phoenix Raceway
Get your tickets now at Phoenixraceway.com

Theater In The Park 

March 15, from 5:00 - 8:00 PM
Goodyear Civic Square
FREE

Goodyear Lakeside Music Festival

March 29, from 3:00 - 9:30 PM
Estrella Lakeside Amphitheater
FREE

Local Market Update

First, let's take a look at the Months Supply of Inventory, which currently stands at 5.63. This metric indicates how long it would take for all the current inventory of homes on the market to be sold at the current sales pace. A lower number typically indicates a seller's market, while a higher number indicates a buyer's market.

The 12-Month Change in Months of Inventory has increased by a significant 57.7%. This suggests that there has been an increase in the number of homes available on the market compared to the previous year, which could potentially lead to more negotiating power for buyers.

The Median Days Homes are On the Market is 69, indicating the average number of days it takes for a home to sell. A lower number suggests a faster-moving market, while a higher number indicates a slower market.

The Sold to List Price Percentage is currently at 98.8%, indicating that on average, homes are selling very close to their list price. This suggests that sellers are pricing their homes competitively and buyers are willing to pay close to the asking price.

Lastly, the Median Sold Price is $355,000, providing an indication of the average price at which homes are selling in the current market.

Overall, these metrics suggest that while there is a healthy supply of inventory on the market and homes are selling close to their list price, there has been an increase in inventory compared to the previous year. This could potentially provide an opportunity for buyers to find a home at a slightly more competitive price. Sellers may need to ensure their homes are priced competitively and marketed effectively to attract buyers in this market environment.

Consumer Guide: Preparing to Sell Your Home

Provided By: National Association of Realtors

NOTE: Consumer guides do not constitute any change in NAR policy. Real estate professionals must ensure they market properties consistent with relevant MLS rules and educate sellers on the choices available.

Once you decide to sell your home, you might have questions about how to prepare it for listing and viewing by potential buyers. An agent who is a REALTOR® can guide you through this process. Here are some common considerations as you prepare your home to sell:

How do I find the right agent to sell my home? 

You should feel empowered to find and work with the agent who is the best fit for your needs. To guide this process, NAR has a dedicated resource with questions to consider when selecting a seller’s agent. When you work with an agent who is a REALTOR®, you are working with a professional guided by ethical duties under the REALTOR® Code of Ethics, including the pledge to protect and promote the interests of their clients.

Do I need to have my home inspected before putting it up for sale? 

No, a pre-sale inspection is not required. However, an inspection can be used to identify potential issues in your home that you can consider repairing before showing your home to potential buyers and use as a differentiator for your property. If you choose to conduct a pre-sale inspection, an inspector will assess your home’s condition, including its structure, exterior, roof, plumbing, electrical systems, heating and air conditioning, interiors, ventilation / insulation, and fireplaces. It may also include tests for problems that can affect human health like mold, radon gas, lead paint, and asbestos. Sometimes buyers may also conduct their own inspection as a contingency in their purchase agreement. If you uncover possible issues that may appear during a buyer’s inspection, you will have time to make any necessary changes that could impact your home’s asking price. You should also talk to your agent about disclosure requirements in your state if a pre-sale inspection uncovers an issue.

What should I do if something in my home needs to be fixed or replaced soon? 

If something in your home requires a significant repair—such as a roof, a system such as HVAC, or an appliance like a dishwasher or washer / dryer—you should determine how much the repair will cost, even if you do not plan to fix it before selling the home. These estimates will help sellers determine the costs that buyers might take into consideration when negotiating a purchase agreement.

Am I required to make any cosmetic updates to my home before putting it up for sale? 

No, but you may want to clean the windows, carpets, lighting fixtures, and walls, and store away clutter before showing your home to potential buyers. Sellers may also look for ways to improve “curb appeal”—how the home looks to a potential buyer when viewed from the street—by updating aspects such as landscaping, the front entrance, and paint jobs. These steps may help improve the home’s appearance in photos, which can play an important role in attracting potential buyers.

Do I need to provide information about appliances that will stay in the home after it’s sold? 

You should locate warranties, guarantees, and user manuals for the furnace, washer / dryer, dishwasher, and any other appliances or systems that will stay in the house with a new buyer. It is recommended that you find these items now to avoid any lost paperwork causing an issue with a potential buyer when you reach the time of finalizing, or “closing,” the transaction.

What does it mean to stage my home? 

Staging is the process of cleaning a home and temporarily filling it with furniture and decorations that may help buyers better see themselves living in the home. While it is not required, some sellers may work with a stager to focus on certain key areas of their home that are important to buyers. Some agents may also include staging in the services they provide you.

Why March is the Ideal Time for AC Maintenance

March in Phoenix typically brings mild temperatures, making it the optimal time to service your AC unit before the intense heat arrives. By being proactive, you can avoid the rush of emergency AC services that occur during the first major heatwave and potentially save money on service calls.

Step-by-Step AC Preparation Guide

• Replace or Clean Air Filters: Start with this simple but crucial task. A clean filter improves air quality and helps your system run more efficiently. Mark your calendar to check filters monthly during peak cooling season.

• Clear Debris Around the Outdoor Unit: Remove any accumulated leaves, dirt, or vegetation within a 2-foot radius of your outdoor condensing unit. Trim any nearby plants or bushes to ensure proper airflow.

• Clean the Condenser Coils: Gently clean the outdoor unit's coils with a garden hose (make sure the power is off first). Avoid using high-pressure water as it can damage the fins.

• Check and Clean Drainage Lines: Pour a cup of vinegar through your AC's drain line to prevent algae growth and clogs that can cause water damage.

• Test the System: Run your AC for at least 30 minutes to ensure it's cooling properly and listen for any unusual noises.

Professional Maintenance Recommendations

While many maintenance tasks can be done yourself, scheduling a professional tune-up in March is highly recommended. A qualified HVAC technician can:

• Check refrigerant levels and detect any leaks

• Clean and adjust blower components

• Verify proper electric control and thermostat operation

• Lubricate moving parts

• Tighten electrical connections

Additional Tips for Desert Climate Efficiency

To maximize your AC's efficiency in the Phoenix climate:

• Consider installing a programmable or smart thermostat if you haven't already

• Check window and door seals to prevent cool air leakage

• Install or check sun screens on windows, especially those facing west

• Consider adding attic insulation to reduce heat transfer

Taking these preventive measures in March can help ensure your air conditioning system runs efficiently throughout the hot summer months. This not only provides comfort but can also lead to significant energy savings and prevent costly emergency repairs during peak cooling season.