So far June is proving to be a good month. According to our SVVAR mls system, 24 site built homes in the Cottonwood, Clarkdale, Verde Village and Cornville area have gone pending since June 1st.
That is a large number and shows a positive sign of strength for the summer. The hope is we will stay on track for the rest of the summer months. To help give you a gauge, 37 homes sold in the month of May. We are already at 65% of that and still have 2 full weeks left.
What we do see is the market under $100,000 is almost completely gone and the next break at $125,000 does not have much available. We will have a more accurate picture once we see the closed sales for June but for now the news is promising.