Arizona housing market update for March 2012

Page 1

Presented by

Chad Hagenson

March 2012 Arizona Regional Multiple Listing Service (ARMLS)

Solutions Real Estate Email: azchad@gmail.com

New Listings

9,107

New Contracts

5.3%

-25.8%

12.3%

from Mar 2011: 12,268

from Feb 2012: 10,369

from Feb 2012: 8,651 YTD

2012 27,673

2011 35,262

+/-21.5%

5-year Mar average: 12,551

2012 31,945

6.0% from Feb 2012: $122,500 2012 $125,000

7.4% from Mar 2011: 10,848 2011 28,369

18.1% from Mar 2011: $110,000

+/12.6%

Min 12,895

from Feb 2012: 7,173

from Mar 2011: 9,871

2012 22,344

2011 23,429

+/-4.6%

5-year Mar average: 7,815

Median Sold Price ($1,000s) $135

11000

$130

10000

$125

9000

$120

8000

$115

7000

$110

6000

M A M J J A S O N D J F M A M J 2010

12,895

-11.5%

12000

5-year Mar average: $140,080

12,895

21.8%

YTD

New Contracts

2011 +/$109,900 13.7%

Active Listings

8,739

Closed Sales

5-year Mar average: 9,300

$129,900

Median Sold Price

YTD

YTD

11,649

J A S O N D J F M

2011

91

Avg DOM

2012

91.2%

Avg Sold to OLP Ratio

91 39,648 5-year Mar average

Feb 2012 15,054

Mar 2011 35,949

Max 58,755

Min 91

$105

91.2% 112 5-year Mar average

Feb 2012 92

Mar 2011 113

Copyright Š 2012 RealEstate Business Intelligence, LLC. All Rights Reserved. Data Source: ARMLS. Statistics calculated April 03, 2012.

Max 131

YTD 90

Min 82.9%

87.5% 5-year Mar average

Feb 2012 92.4%

Mar 2011 87.1%

Max 91.2%

YTD 91.6%


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