Is this a sellers market yet?

Phoenix Housing Market Continues to Improve
The Phoenix residential real estate market is quickly becoming more favorable to sellers, as the average home selling price continues its upward path. While more homebuyers are entering the market, one of the biggest factors in the pricing gains seen thus far this year is the limited number of sales inventory. The limited sales inventory has led to bidding wars in which homebuyers are paying more than the asking price in many cases. That trend is very much making the housing market a seller's market.
Read article - The Real Estate Media