Archive for Monthly Housing Market Snapshot

ARMLS RENT Check™ – April, 2017

Friday, May 26th, 2017 azrealtycom No Comments »

For the month of April 2017, all RENT Check indicators showed great momentum comparing to previous month, March 2017. Median Lease: $1,350 – Healthily increased from $1,328 previous month. Average Lease: $1,546 – Aggressively increased from $1,470 just previous month. Avg. Days on Market: 27 – Decreased from 31 days of previous month. Rent Check Quotient™: 2 : 10 […]

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Absorption rate – March, 2017

Sunday, April 30th, 2017 azrealtycom No Comments »

Absorption rate is the percent of sales that are sold each month of the inventory. A higher percent means that inventory is moving at a faster rate, and thus is a Seller’s market. The total absorption rate for metro Phoenix is at 37% for the month of March, 2017. Certain areas of the metro have […]

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Market Snap Shot – March, 2017

Sunday, April 30th, 2017 azrealtycom No Comments »

As of March 31, 2017, we sit at 19,397 active listings. Sales are at 8,943 for the month of March 2017, up by 2,053 units since January, 2017! Pending sales are 7,714 vs. a quarter ago at 4,935. We are currently at 2.2 months of supply. Traditionally, 3-4 months of supply indicate a balanced market. […]

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Friday the 13th

Friday, January 13th, 2017 azrealtycom No Comments »

According to the Stress Management Center and Phobia Institute in Asheville, North Carolina, an estimated 17 to 21 million people in the United States are affected by a fear of this day, making it the most feared day and date in history. Some people are so paralyzed by fear that they avoid their normal routines […]

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October 2014

Tuesday, November 4th, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot October 31, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 10/31/2014 9/30/2014 10/31/2013 10/31/2012 Active listing 27,613 ↑ 26,861 26,509 22,851 Pending Listing 5,455 ↓ 5,469 6,106 9,912 Sales Per Month 5,686 ↓ 6,580 5,838 6,970 Monthly Supply 4.7 ↑ 4.3 4.5 3.4 Monthly Sales $/SF $127.77 […]

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September 2014

Monday, November 3rd, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot September 30, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 9/30/2014 8/31/2014 9/30/2013 9/30/2012 Active listing 26,833 ↑ 26,373 23,478 21,711 Pending Listing 5,937 ↓ 5,950 6,991 9,801 Sales Per Month 5,481 ↓ 7,546 6,513 7,570 Monthly Supply 4.3 ↑ 3.9 3.4 3.0 Monthly Sales $/SF $126.49 […]

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August 2014

Monday, November 3rd, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot August 31, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 8/31/2014 7/31/2014 8/31/2013 8/31/2012 Active listing 26,313 ↓ 27,204 21,457 20,734 Pending Listing 5,964 ↓ 6,535 7,323 10,681 Sales Per Month 7,098 ↑ 6,065 7,932 7,484 Monthly Supply 3.9 ↓ 4.1 2.9 2.9 Monthly Sales $/SF $125.89 […]

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July 2014

Thursday, August 28th, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot July 31, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 7/31/2014 6/30/2014 7/31/2013 7/31/2012 Active listing 27,021 ↓ 27,611 20,251 20,347 Pending Listing 6,115 ↓ 6,481 7,718 10,590 Sales Per Month 6,610 ↓ 7,471 7,983 7,413 Monthly Supply 4.2 ↑ 3.6 2.7 2.9 Monthly Sales $/SF $126.24 […]

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February 2014

Tuesday, March 4th, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot February 28, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 2/28/2014 1/31/2014 2/28/2013 2/28/2012 Active listing 29,671 ↑ 28,574 21,618 23,564 Pending Listing 6,640 ↑ 5,841 10,379 11,782 Sales Per Month 5,499 ↑ 4,696 6,642 7,544 Monthly Supply 5.4 ↓ 6.2 3.2 3.2 Monthly Sales $/SF $127.51 […]

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January, 2014

Tuesday, March 4th, 2014 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot January 31, 2014 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 1/31/2014 12/31/2013 1/31/2013 1/31/2012 Active listing 28,526 ↑ 25,382 21,923 24,827 Pending Listing 5,782 ↑ 4,711 9,533 10,707 Sales Per Month 4,741 ↓ 5,976 6,243 6,572 Monthly Supply 6.3 ↑ 4.7 3.8 3.9 Monthly Sales $/SF $125.06 […]

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