August 2013

Metro Phoenix Housing Market Snapshot
August 31, 2013
All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO
7/31/2013 7/31/2013 8/31/2012 8/31/2011
Active listing  21,373 20,014 20,716 26,876
Pending Listing 7,352 7,726 10,202 11,520
Sales Per Month  6,872 8,120 7,350 8,522
Monthly Supply 3.0 2.6 2.9 3.3
Monthly Sales $/SF  $118.35 $119.36 $98.25 $79.28
Sale Price vs Listing Price  97.93% 97.58% 97.94% 96.66%
Listing Success Rate  76.90% 79.90% 77.30% 74.10%
Data Source: Arizona Regional Multiple Listing Service (ARMLS)
For other cities or area, please call (480)292-8281 or email gchen@az-realty.com
Above data was compiled by Gary Chen, Associate Broker, ABR, CIAS, CNE, SFR
Original data complied by The Cromford Report
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