Market Update

 📉 Market Shift Underway? May 2025 Cromford® Market Index Update

The latest data from the Cromford® Report shows a noticeable cooling trend in nearly every major Valley market. The Cromford Market Index (CMI)—which measures the balance between supply and demand (100 = balanced market)—has dropped across 14 of 17 cities compared to last month.

🔻 Biggest Declines:

• Chandler: down 13%

• Gilbert & Tempe: down 11%

• Scottsdale: down 10%

This will continue to worsen through the summer.  If the herd mentality and media jump on board you'll see two major things happen much quicker than these stats can keep up with.

1) Buyers will not want to be the one to catch the falling knife (buy now when prices are going down)

2) Sellers will rush to list to try to sell before prices drop.

This is a self fulfilling action on both parts and not a great trend.

✅ Where Buyers Are Gaining Ground:

• Maricopa (+7%), Buckeye (+6%), and Queen Creek (+1%) are softening the least—or even strengthening—suggesting emerging affordability and potential opportunity.

As a more conservative advisor, I don’t push selling unless it makes sense for your specific life or investment goals. That said, strategic purchases right now—especially in softening submarkets—may set up buyers for long-term upside as inventory adjusts and rates remain volatile.