Ca
November 2009 Valley Real Estate Market Report
The Melcher Agency
Market Dynamics Median Price (FS, UC, Sold) 2 Years (Monthly) 11/01/07 - 11/30/09
KEY INFORMATION Nov-07
Nov-09
For Sale
265,000
Under Contract
249,900
Sold
241,943
Percent Change
169,900
-95,100
-35.9
128,500
-121,400
-48.6
131,000
-110,943
-45.9
MLS: ARMLS
Period:
Property Types:
Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Loft)
All MLS:
Arizona Regional MLS
BrokerMetrics®
2 Years (Monthly)
Median Price Change
Price:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All Sq Ft:
1 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
All
12/17/09
The Melcher Agency
Market Dynamics Median Price (FS, UC, Sold) 2 Years (Monthly) 11/01/07 - 11/30/09
Time Period
FOR SALE Median $ # Properties
UNDER CONTRACT Median $ # Properties
SOLD Median $ # Properties
EXPIRED Median $ # Properties
NEW LISTINGS Median $ # Properties
Nov-09
169,900
48,499
128,500
5,985
131,000
7,354
199,000
3,791
147,000
10,544
Oct-09
169,900
49,405
130,000
7,427
130,000
7,895
199,000
4,023
149,000
12,780
Sep-09
169,990
48,440
129,900
7,849
130,000
7,667
200,000
3,966
144,900
12,213
Aug-09
171,950
48,473
129,900
8,162
127,500
7,784
199,900
4,084
139,900
12,189
Jul-09
175,000
49,538
126,900
8,297
126,900
8,860
208,000
4,957
139,900
12,472
Jun-09
179,000
52,012
129,900
9,789
125,990
9,093
215,000
5,157
139,900
12,315
May-09
179,900
54,886
127,900
9,401
120,000
9,042
219,900
5,788
145,000
10,705
Apr-09
177,000
60,760
120,815
10,500
115,500
8,355
199,900
6,079
149,000
10,864
Mar-09
173,398
66,101
120,000
9,221
120,000
7,424
180,000
6,984
139,900
13,972
Feb-09
174,900
65,926
122,900
6,985
125,000
5,316
179,000
6,812
149,900
12,381
Jan-09
179,000
68,074
129,900
5,719
130,000
4,596
199,900
8,810
160,000
13,441
Dec-08
179,900
67,278
137,500
4,880
144,000
5,406
199,900
7,765
138,900
11,668
Nov-08
189,500
67,034
147,500
4,338
151,900
4,265
210,000
7,086
155,900
12,140
Oct-08
195,000
67,477
152,000
4,940
165,000
5,261
219,000
7,643
161,500
14,335
Sep-08
200,000
66,309
167,000
5,271
172,500
5,979
225,000
7,896
169,900
13,929
Aug-08
212,500
65,551
175,000
5,484
186,000
5,494
232,000
7,687
175,000
13,261
Jul-08
220,000
67,986
189,000
6,896
192,900
5,796
238,925
8,800
181,000
13,196
Jun-08
229,900
70,061
199,900
6,106
204,900
5,573
249,800
9,165
192,000
13,250
May-08
239,000
71,202
210,000
5,688
210,000
5,446
252,000
8,703
205,000
12,746
Apr-08
244,900
72,552
219,900
5,473
217,000
4,663
249,900
8,623
219,900
13,457
Mar-08
249,900
71,916
224,707
4,571
218,000
4,130
260,000
8,250
224,900
13,173
Feb-08
250,000
70,484
226,354
3,871
220,000
3,288
260,000
7,870
232,000
12,700
Jan-08
255,182
70,177
229,900
3,441
227,350
2,780
260,000
8,952
239,999
15,540
Dec-07
260,000
67,846
239,900
2,777
235,000
3,254
269,900
10,432
239,000
8,706
Nov-07
265,000
70,970
249,900
3,103
241,943
3,193
274,900
8,727
245,000
11,284
BrokerMetrics®
2 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
12/17/09
The Melcher Agency
Market Dynamics Sold Average vs. Median Price 2 Years (Monthly) 11/01/07 - 11/30/09
KEY INFORMATION Nov-07
Nov-09
Price Change
Percent Change
Average
325,661
175,834
-149,826
-46.0
Median
241,943
131,000
-110,943
-45.9
MLS: ARMLS
Period:
Property Types:
Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Loft)
All MLS:
Arizona Regional MLS
BrokerMetrics®
2 Years (Monthly)
Price:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All Sq Ft:
1 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
All
12/17/09
The Melcher Agency
Market Dynamics Sold Average vs. Median Price 2 Years (Monthly) 11/01/07 - 11/30/09
Time Period
# Properties Sold
Sold Average $
Sold Median $
Average $ - Median $
Median $ as % of Average $
Sold Avg DOM
Nov-09
7,354
175,834
131,000
44,834
74.5
90
Oct-09
7,895
171,757
130,000
41,757
75.7
89
Sep-09
7,667
176,105
130,000
46,105
73.8
93
Aug-09
7,784
172,160
127,500
44,660
74.1
99
Jul-09
8,860
177,243
126,900
50,343
71.6
110
Jun-09
9,093
172,123
125,990
46,133
73.2
116
May-09
9,042
164,121
120,000
44,121
73.1
120
Apr-09
8,355
160,046
115,500
44,546
72.2
122
Mar-09
7,424
160,099
120,000
40,099
75.0
127
Feb-09
5,316
173,449
125,000
48,449
72.1
122
Jan-09
4,596
181,407
130,000
51,407
71.7
114
Dec-08
5,406
191,964
144,000
47,964
75.0
108
Nov-08
4,265
205,438
151,900
53,538
73.9
111
Oct-08
5,261
212,938
165,000
47,938
77.5
115
Sep-08
5,979
220,085
172,500
47,585
78.4
101
Aug-08
5,494
239,435
186,000
53,435
77.7
114
Jul-08
5,796
251,167
192,900
58,267
76.8
124
Jun-08
5,573
267,460
204,900
62,560
76.6
132
May-08
5,446
275,224
210,000
65,224
76.3
127
Apr-08
4,663
283,750
217,000
66,750
76.5
135
Mar-08
4,130
299,636
218,000
81,636
72.8
131
Feb-08
3,288
299,108
220,000
79,108
73.6
138
Jan-08
2,780
318,886
227,350
91,536
71.3
138
Dec-07
3,254
318,609
235,000
83,609
73.8
129
Nov-07
3,193
325,661
241,943
83,718
74.3
119
BrokerMetricsÂŽ
2 of 2 Information not guaranteed. Š 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
12/17/09
The Melcher Agency
Market Dynamics Basic Absorption 2 Years (Monthly) 11/01/07 - 11/30/09
KEY INFORMATION Nov-07
Nov-09
Change
Percent Change
92.9
3,103
5,985
2,882
New
11,284
10,544
-740
-6.6
Residual Inventory
48,488
30,135
-18,353
-37.9
Under Contract
MLS: ARMLS
Period:
Property Types:
Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Loft)
All MLS:
Arizona Regional MLS
BrokerMetrics®
2 Years (Monthly)
Price:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All Sq Ft:
1 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
All
12/17/09
The Melcher Agency
Market Dynamics Basic Absorption 2 Years (Monthly) 11/01/07 - 11/30/09 Time Period
# Properties Under Contract
# New Properties Listed
# Residual Inventory Properties
Under Contract / New %
Under Contract / Residual Inventory %
Nov-09
5,985
10,544
30,135
56.76
19.86
Oct-09
7,427
12,780
27,971
58.11
26.55
Sep-09
7,849
12,213
27,340
64.27
28.71
Aug-09
8,162
12,189
27,134
66.96
30.08
Jul-09
8,297
12,472
26,983
66.53
30.75
Jun-09
9,789
12,315
28,072
79.49
34.87
May-09
9,401
10,705
31,490
87.82
29.85
Apr-09
10,500
10,864
35,569
96.65
29.52
Mar-09
9,221
13,972
38,466
66.00
23.97
Feb-09
6,985
12,381
41,471
56.42
16.84
Jan-09
5,719
13,441
41,674
42.55
13.72
Dec-08
4,880
11,668
44,328
41.82
11.01
Nov-08
4,338
12,140
44,640
35.73
9.72
Oct-08
4,940
14,335
42,210
34.46
11.70
Sep-08
5,271
13,929
40,782
37.84
12.92
Aug-08
5,484
13,261
40,706
41.35
13.47
Jul-08
6,896
13,196
40,769
52.26
16.91
Jun-08
6,106
13,250
42,899
46.08
14.23
May-08
5,688
12,746
45,208
44.63
12.58
Apr-08
5,473
13,457
46,117
40.67
11.87
Mar-08
4,571
13,173
46,843
34.70
9.76
Feb-08
3,871
12,700
46,861
30.48
8.26
Jan-08
3,441
15,540
43,289
22.14
7.95
Dec-07
2,777
8,706
46,376
31.90
5.99
Nov-07
3,103
11,284
48,488
27.50
6.40
BrokerMetricsÂŽ
2 of 2 Information not guaranteed. Š 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
12/17/09
The Melcher Agency
Market Dynamics Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 11/01/07 - 11/30/09
KEY INFORMATION Nov-07
Nov-09
# Units Change
Percent Change
For Sale
70,970
48,499
-22,471
-31.7
Under Contract
3,103
5,985
2,882
92.9
Sold
3,193
7,354
4,161
130.3
MLS: ARMLS
Period:
Property Types:
Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Loft)
All MLS:
Arizona Regional MLS
BrokerMetrics®
2 Years (Monthly)
Price:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All Sq Ft:
1 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
All
12/17/09
The Melcher Agency
Market Dynamics Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 11/01/07 - 11/30/09
Time Period
FOR SALE # Properties Average DOM
UNDER CONTRACT # Properties Average DOM
SOLD # Properties Average DOM
EXPIRED # Properties Average DOM
NEW LISTINGS # Properties
Nov-09
48,499
139
5,985
77
7,354
90
3,791
176
10,544
Oct-09
49,405
156
7,427
80
7,895
89
4,023
182
12,780
Sep-09
48,440
175
7,849
84
7,667
93
3,966
189
12,213
Aug-09
48,473
188
8,162
87
7,784
99
4,084
188
12,189
Jul-09
49,538
201
8,297
95
8,860
110
4,957
203
12,472
Jun-09
52,012
211
9,789
111
9,093
116
5,157
202
12,315
May-09
54,886
220
9,401
122
9,042
120
5,788
198
10,705
Apr-09
60,760
221
10,500
123
8,355
122
6,079
191
10,864
Mar-09
66,101
220
9,221
124
7,424
127
6,984
184
13,972
Feb-09
65,926
227
6,985
126
5,316
122
6,812
179
12,381
Jan-09
68,074
233
5,719
123
4,596
114
8,810
201
13,441
Dec-08
67,278
235
4,880
113
5,406
108
7,765
186
11,668
Nov-08
67,034
237
4,338
107
4,265
111
7,086
181
12,140
Oct-08
67,477
236
4,940
108
5,261
115
7,643
178
14,335
Sep-08
66,309
237
5,271
115
5,979
101
7,896
180
13,929
Aug-08
65,551
237
5,484
106
5,494
114
7,687
185
13,261
Jul-08
67,986
233
6,896
119
5,796
124
8,800
176
13,196
Jun-08
70,061
232
6,106
124
5,573
132
9,165
179
13,250
May-08
71,202
232
5,688
128
5,446
127
8,703
175
12,746
Apr-08
72,552
231
5,473
130
4,663
135
8,623
173
13,457
Mar-08
71,916
232
4,571
133
4,130
131
8,250
175
13,173
Feb-08
70,484
234
3,871
134
3,288
138
7,870
169
12,700
Jan-08
70,177
234
3,441
136
2,780
138
8,952
166
15,540
Dec-07
67,846
234
2,777
139
3,254
129
10,432
169
8,706
Nov-07
70,970
227
3,103
124
3,193
119
8,727
158
11,284
BrokerMetrics®
2 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
12/17/09
The Melcher Agency
Market Dynamics Months Supply of Inventory (MSI) 2 Years (Monthly) 11/01/07 - 11/30/09
KEY INFORMATION Nov-07
Nov-09
Change
Percent Change
MSI
19
6
-13
-66.1
DOM
124
77
-46
-37.6
MLS: ARMLS
Period:
Property Types:
Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Loft)
All MLS:
Arizona Regional MLS
BrokerMetrics®
2 Years (Monthly)
Price:
All
Construction Type:
All
Bedrooms:
All
Bathrooms:
All
Lot Size: All Sq Ft:
1 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
All
12/17/09
The Melcher Agency
Market Dynamics Months Supply of Inventory (MSI) 2 Years (Monthly) 11/01/07 - 11/30/09 Time Period
Months Supply of Inventory
NAR MSI
# Properties For Sale Last Day of Month
# Properties Under Contract
Under Contract Average DOM
# Properties Sold
Nov-09
6.5
5.3
38,723
5,985
77
7,354
Oct-09
5.1
4.8
37,955
7,427
80
7,895
Sep-09
4.7
4.8
36,625
7,849
84
7,667
Aug-09
4.4
4.7
36,227
8,162
87
7,784
Jul-09
4.4
4.1
36,284
8,297
95
8,860
Jun-09
3.8
4.1
37,066
9,789
111
9,093
May-09
4.2
4.4
39,697
9,401
122
9,042
Apr-09
4.2
5.3
44,181
10,500
123
8,355
Mar-09
5.4
6.7
49,896
9,221
124
7,424
Feb-09
7.5
9.8
52,129
6,985
126
5,316
Jan-09
9.4
11.7
53,545
5,719
123
4,596
Dec-08
11.2
10.1
54,633
4,880
113
5,406
Nov-08
12.8
13.0
55,610
4,338
107
4,265
Oct-08
11.1
10.4
54,894
4,940
108
5,261
Sep-08
10.1
8.9
53,142
5,271
115
5,979
Aug-08
9.6
9.5
52,380
5,484
106
5,494
Jul-08
7.6
9.0
52,290
6,896
119
5,796
Jun-08
9.0
9.8
54,790
6,106
124
5,573
May-08
10.0
10.4
56,811
5,688
128
5,446
Apr-08
10.7
12.5
58,456
5,473
130
4,663
Mar-08
12.9
14.3
59,095
4,571
133
4,130
Feb-08
15.2
17.9
58,743
3,871
134
3,288
Jan-08
16.8
20.8
57,784
3,441
136
2,780
Dec-07
19.7
16.8
54,637
2,777
139
3,254
Nov-07
19.1
18.5
59,140
3,103
124
3,193
BrokerMetrics®
2 of 2 Information not guaranteed. © 2009 - 2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
12/17/09
MARKET CONDITION REPORT
MARICOPA COUNTY DECEMBER 2009 HISTORICAL INFORMATION PHOENIX AREA DECEMBER 2009 .
MONTH Nov‐08 Dec‐08 Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09
PERCENT CLOSING CLOSINGS CLOSINGS CLOSINGS CLOSINGS PERCENT PRICE REO SHORT STANDARD SELLING CHANGE EVALUATED $156,000 3,446 1,626 301 1,519 40% $146,000 ‐$10,000 4,316 2,405 375 1,536 43% $130,300 ‐$15,700 3,728 2,505 346 877 37% $127,950 ‐$2,350 4,222 2,858 390 974 46% $121,000 ‐$6,950 5,944 4,067 595 1,282 55% $119,900 ‐$1,100 6,623 4,388 667 1,568 62% $ $$4,550 $124,450 7,227 4,612 804 1,811 66% $134,550 $10,100 7,056 3,956 1,054 2,046 70% $130,000 ‐$4,550 7,952 4,290 1,240 2,422 69% $130,000 $0 7,018 3,577 1,371 2,070 72% $135,000 $5,000 6,863 3,314 1,287 2,262 72% $134,621 ‐$379 6,969 3,100 1,333 2,536 71% $135,000 $379 6,598 2,644 1,377 2,577 72% TOTALS ‐$21,000 77,962 43,342 11,140 23,480 AVERAGE ‐$1,750 5,997 56% 14% 30% 59% Historical Information for Nov‐09 is a close estimate only‐subject to future revision
OVERALL MARKET AREA
ON MARKET (SUPPLY)
CLOSED MONTH (DEMAND)
FAIL MONTH
IN ESCROW
PERCENT SELLING
TIME TO SELL (DAYS)
MONTHS SUPPLY
MARKET SPEED
MEDIAN ASK PRICE
MEDIAN IN ESCROW PRICE
MEDIAN CLOSE PRICE
Anthem A th 227 64 10 98 87% 76 3 3.5 5 56 $219 $195 $190 Avondale 524 189 42 259 82% 69 2.8 71 $115 $110 $107 Chandler 1,405 330 128 450 72% 85 4.3 46 $225 $199 $195 Fountain Hills 392 38 40 40 49% 157 10.4 19 $542 $397 $384 Gilbert 1,667 377 134 528 74% 81 4.4 45 $211 $193 $194 Glendale 1,194 397 112 519 78% 72 3.0 65 $135 $114 $120 Goodyear 706 178 72 259 71% 75 4.0 50 $180 $145 $148 Mesa 2,405 591 202 733 75% 86 4.1 48 $170 $133 $137 Peoria 1,179 268 85 391 76% 82 4.4 45 $200 $160 $165 Phoenix 6,293 1,652 605 2,289 73% 79 3.8 52 $159 $100 $105 Queen Creek 1,117 356 106 506 77% 66 3.1 63 $130 $110 $120 Scottsdale 3,192 345 313 483 52% 150 9.3 21 $699 $400 $400 Sun City 469 64 38 89 63% 116 7.3 27 $149 $135 $135 Surprise 1,388 334 97 484 77% 75 4.2 47 $150 $130 $139 Tempe 491 90 51 108 64% 77 5.5 36 $219 $175 $183 TOTALS 22,649 5,272 2,035 7,236 72% 84 4.3 46 $190 $130 $135 MARKET SPEED measures the rate of conversion of listings to closings. The higher this number, the faster the market is converting. The area with the highest speed is the "quickest" market area or segment and is the most desirable to buyers. (Red font in Median In Escrow Price column signals possible expected price weakness.) Market Speed has declined from 61 in July, to 51 in September, to the current 46. Overall, the gradual slowing trend continues. Months Supply is beginning to increase implying that demand is declining faster than supply. These changes are small and difficult to detect, but persistent. Prices are mixed with Ask and In Escrow Prices declining and Closing Price unchanged at $135K. In general, REO and Short prices are steady, while Standards are displaying price weakness that is likely to persist in the near term. All other things being equal, look for this trend of diminishing activity, accented by gradually reduced REO influence, to continue through the usual holiday cycle. Significant market events most likely await the onset of the Spring selling cycle.
Information believed accurate but not guaranteed. Estimates based on generally accepted statistical sampling practices.
MARICOPA COUNTY MARKET CONDITION REPORT REO ONLY
DECEMBER 2009
AREA Anthem Avondale Chandler Fountain Hills Gilbert Glendale Goodyear Mesa Peoria Phoenix Q Queen Creek C k Scottsdale Sun City Surprise Tempe TOTALS
DECEMBER 2009 MEDIAN ASK PRICE
MEDIAN IN ESCROW PRICE
MEDIAN CLOSE PRICE
330 205 122 76 139 174 134 135 140 152 201 87 103 169 79 145
$207 $110 $176 $433 $175 $110 $155 $143 $160 $99 $155 $387 $122 $138 $162 $151
$140 $110 $163 $400 $179 $103 $131 $120 $126 $85 $112 $332 $127 $125 $155 $123
$170 $100 $161 $339 $173 $100 $135 $117 $130 $79 $115 $340 $125 $130 $151 $120
MONTHS SUPPLY
MARKET SPEED
MEDIAN ASK PRICE
MEDIAN IN ESCROW PRICE
MEDIAN CLOSE PRICE
6.6 7.5 4.3 7.7 4.5 3.7 43 4.3 3.9 4.4 4.4 4.2 4.8 5.2 9.4 4 4.2 2 4.6
30 26 46 26 44 53 46 51 45 45 47 41 38 21 47 43
$175 $105 $190 $350 $180 $120 $140 $140 $174 $125 $115 $400 $141 $125 $165 $161
$180 $100 $199 $235 $185 $125 $137 $133 $165 $110 $110 $350 $136 $125 $159 $149
$178 $106 $188 $400 $175 $119 $145 $140 $165 $117 $105 $385 $135 $128 $160 $155
TIME TO SELL (DAYS)
MONTHS SUPPLY
MARKET SPEED
MEDIAN ASK PRICE
MEDIAN IN ESCROW PRICE
MEDIAN CLOSE PRICE
54 48 61 157 61 63 70 84 74 76 47 138 114 72 68 77
3.2 2.6 39 3.9 14.2 3.8 3.1 4.1 4.9 5.0 4.7 2 2.2 2 12.8 9.2 4.1 6.4 5.1
61 77 50 14 52 64 48 41 39 41 89 15 22 48 31 38
$305 $143 $274 $610 $280 $199 $245 $210 $276 $243 $180 $859 $155 $230 $265 $383
$250 $119 $227 $495 $220 $123 $200 $159 $200 $110 $113 $535 $135 $166 $240 $190
$225 $125 $237 $395 $215 $133 $163 $156 $185 $145 $125 $435 $139 $165 $229 $191
PERCENT SELLING
TIME TO SELL (DAYS)
MONTHS SUPPLY
MARKET SPEED
97% 97% 91% 89% 95% 95% 90% 92% 94% 93% 95% 90% 90% 96% 92% 93%
33 47 70 136 59 56 54 68 59 63 41 133 84 48 56 63
.6 1.0 16 1.6 2.6 1.4 1.1 1.5 1.5 1.4 1.3 1 1.0 0 2.3 1.9 1.2 2.5 1.35
TIME TO SELL (DAYS)
145 146 154 210 138 126 121 123 136 125 141 202 219 129 137 137
ON MARKET (SUPPLY)
CLOSED MONTH (DEMAND)
FAIL MONTH
IN ESCROW
10 95 164 33 158 209 105 349 155 1,009 128 209 34 156 72 2,886
17 99 102 13 112 184 72 239 110 780 130 92 18 134 29 2,130
1 4 10 2 6 11 8 21 7 61 7 11 2 6 3 156
15 107 132 13 124 204 92 231 120 836 126 102 20 157 28 2,307
ON MARKET (SUPPLY)
CLOSED MONTH (DEMAND)
FAIL MONTH
IN ESCROW
PERCENT SELLING
127 300 641 77 886 573 321 946 539 2,542 672 661 68 721 139 9,213
19 40 150 10 198 153 75 244 122 583 161 139 13 77 33 2,017
4 26 49 9 66 53 28 72 38 220 54 65 6 47 17 754
57 85 169 9 237 173 98 261 173 783 224 173 16 201 33 2,692
83% 61% 75% 54% 75% 74% 73% 77% 76% 73% 75% 68% 68% 62% 66% 73%
ON MARKET (SUPPLY)
CLOSED MONTH (DEMAND)
FAIL MONTH
IN ESCROW
PERCENT SELLING
90 129 602 282 624 414 281 1,112 486 2,745 317 2,325 367 511 283 10,568
28 50 153 20 164 136 68 229 96 578 144 182 40 124 44 2,056
5 13 70 29 62 49 36 109 41 324 44 237 29 45 31 1,126
26 67 150 18 168 144 71 243 98 673 157 208 53 126 47 2,249
85% 80% 69% 40% 73% 74% 65% 68% 70% 64% 76% 43% 58% 73% 58% 65%
SHORT SALE ONLY AREA Anthem Avondale Chandler Fountain Hills Gilbert Glendale Goodyear Mesa Peoria Phoenix Queen Creek Scottsdale Sun City Surprise T Tempe TOTALS
STANDARD ONLY AREA Anthem Avondale Chandler Fountain Hills Gilbert Glendale Goodyear Mesa Peoria Phoenix Q Queen Creek C k Scottsdale Sun City Surprise Tempe TOTALS
Information believed accurate but not guaranteed. Estimates based on generally accepted statistical sampling practices.