September 25 Statistics
Phoenix Metropolitan Area
Total Active Residential Listings 13,726
17,057 (with ICB included)
Average Market Time 61 days
Compared to last year at this time 65 days
List Price vs. sales price 97.9% days
Compared to last year 97.7% days
Phoenix Metropolitan Statistics
August 21, 2018
Total Active Residential Listings 16,059 (Active)
Average Market Days 58.4 days
Compared to last year at this time 66 days
List price vs. sales price 98.2%
Compared to last year 97.8%
Recent report from Think Realty suggests that home prices are likely to surge in areas of the South and Southwest.
Census data, for certain cities in the South and Southwest will likely see surging home prices to accompany surging population numbers. The nations fastest growing cities are mostly far ...
May 2017 inventory levels have stabilized, with May closings in most areas the highest since 2011.
Valley wide May closings were 8,138. With 15,584 homes currently active, this represents just under a 2 month supply of homes. Considering that in May 2011, sales represented mostly bank owned ...
The Scottsdale Area Association of Realtors (SAAR) recently released its monthly Market Data Report, which highlights the key metrics for residential real estate inventory,
Some important factors to consider about the current market conditions are as follows:
1. There is currently 2 months of inventory compared to 4 months ...
The June market report consists of 11 pages of graphs and statistics.
When I analyze these charts, there are several factors to which I pay special attention:
- The pending sales count for each month.
- The number of new listings each month. When new listings do not keep up with ...