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Home prices

Valley homesellers offering highest percentage of perks since 2008

Valley home prices are expected to fall 3% to 5% year-over-year from last year’s numbers by the end of 2025, according to Tina Tamboer, a housing analyst with the Cromford Report.

The current median home price in Maricopa County is $445,000 and more single-family homes could exchange hands if mortgage rates tick down, Tamboer said.

As of Aug. 5, the average 30-year fixed-rate mortgage was 6.72%, according to the Freddie Mac website.

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