Southern Arizona Homes: The Federal Funds Rate Update
Southern Arizona homeowners! 🌵 If you've been keeping an eye on interest rates lately, here's a quick update on the Federal Funds Rate for November 2024:
Federal Funds Rate as of 11/18/24
September 2024 Civilian Unemployment Rate Update
Here's the latest update on the civilian unemployment rate, showing changes over time and reflecting recent economic conditions as reported for September 2024:
Civilian Unemployment Rate, September 2024
Stay informed about economic trends and workforce data to better understand the current job market and economic health. For more details, visit U.S. Bureau of Labor Statistics.
September 2024 Consumer Price Index (CPI) Update
Here’s the latest data on the 12-month percentage change in the Consumer Price Index (CPI) for major categories, as of September 2024:
12-month percentage change, Consumer Price Index, selected categories, September 2024 (not seasonally adjusted)
- All Items: +2.0%
- Food: +2.1%
- Energy: -6.5%
- All Items Less Food and Energy: +2.7%
Source: U.S. Bureau of Labor Statistics
Southern Arizona Homes: September 2024 Market Update
Southern Arizona homeowners! 🌵 Here's the latest real estate market update for September 2024, showing the number of sales, median and average sale prices, days on market, and more:
Southern Arizona Real Estate Market as of September 2024
- # of Sales: 949 (a decrease of 26.3% from the previous month)
- Median Sale Price: $356,000 (an increase of 1.71% from the previous month)
- Average Sale Price: $410,426 (an increase of 0.59% from the previous month)
- Median Days on Market (DOM): 30 days (3 days longer than the previous month)
- % Over Asking Price: -1.81% (a slight improvement of 0.16% from the previous month)
- # of New Listings: 2,001 (an increase of 1.5% from the previous month)