Maricopa County Nearly Doubles Existing-Home Sales in U.S. – Scottsdale Area Association of REALTORS® Published July 24, 2020.
Sometimes headlines like “Existing-Home Sales Climb Record 20.7% in June” make Fletcher Wilcox laugh. This was one of those times.
Existing-home sales rebounded at a record pace in June, following three consecutive months of sales declines, the National Association of REALTORS® reported.
Wilcox, a VP at Grand Canyon Title Agency, recently moderated his third Influencer Marketing series for Scottsdale REALTORS® and as usual, he led with local market trends.
“Maricopa County was way above the national average with 40.6% — nearly twice as good,” he smiled over Zoom. “Which is why you need to compare local data against national stats — because we may be doing better, or worse, than national numbers.”
Maricopa County even outdid NAR’s regional breakdown which showed existing-home sales in the West1 increased 31.9% in June, with a Median price of $432.6K compared to our more affordable $340K.
1NAR uses the U.S. Census Regions (West = AZ, CA, CO, ID, MT, NM, NV, OR, UT, WA, WY)
Fletcher R. Wilcox is V.P. of Business Development and a Real Estate Analyst Grand Canyon Title. Grand Canyon Title is a subsidiary of Fidelity National Financial (FNF). FNF is ranked 375 on the list of Fortune 500 Companies. Fletcher may be reached at fwilcox@gcta.com or 602.648.1230.
Fletcher is on the Board of Directors at the Scottsdale Association of REALTORS® (SAAR). In 2020 he started an Influencer Marketing series for real estate agents at SAAR. He is V.P. of Networking for the Arizona Mortgage Lenders Association. He is a member of the Arizona State Escrow Association and the Arizona Association of REALTORS.
Fletcher is the founder of The Wilcox Report. His market analysis on residential real estate in Greater Phoenix has been mentioned in publications such as the Wall Street Journal, MarketWatch, Bloomberg News, HousingWire.com, National Mortgage News, the Arizona Republic, the Phoenix Business Journal and AZ Big Media. He has been a guest speaker on both local and national TV and radio. He served on one of the three Arizona Association of REALTORS® subcommittees which made recommendations for changes to the 2017 AAR Residential Resale Real Estate Purchase Contract. He teaches residential contract law to both real estate agents and escrow officers.
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