Phoenix Real Estate Blog

Arizona Regional Multiple Listing Service Data (Updated Weekly)While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market seems to be on a positive trend.   Maricopa & Pinal County Inventory Update(All dwelling ...

6/15/086/22/086/29/087/6/087/13/087/20/08Totals this week      Active listings16,15016,23416,11715,82315,77415,806Change from last week-684-117-294-4932AhwatukeeActive Listings649652636630616618Average List Price$537,182$538,264$544,686$544,911$538,786$532,461Average Days on Market141142141140139137Prior ...

This week, while we noticed a drop in inventory, our "months worth of inventory" has increased.  How does this happen?  Our sales numbers have fallen slightly, which means that even though we have fewer homes on the market than we have had, the rate at which they are selling has decreased which results in more days on market as ...

This weekly report will indicate an improvement (indicated in Green) when our "Active Listings" Decrease & our "Pending" and "Sold" Listings Increase.While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market is definitely ...

The Real Estate Market in the Phoenix East Valley continues to show improvement.  Almost all cities show a reduction in active listings and steady buyer activity.  Interesting to note that homes that are selling are typically NOT short sale listings.  In Maricopa where there is a very high ratio of short sale listings for example, ...

This weekly report will indicate an improvement (indicated in Green) when our "Active Listings" Decrease & our "Pending" and "Sold" Listings Increase.While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market seems to be making a ...

3/1/083/8/083/15/083/22/083/29/08AhwatukeeActive Listings707711699695703Average List Price$523,558$533,453$530,038$534,600$537,906Average Days on Market142143144145143Prior Week     Sale Recorded (Closed)1514172120Average List Price$383,141$275,617$344,957$393,961$394,735Average Sales ...

2/23/083/1/083/8/083/15/083/22/08AhwatukeeActive Listings715707711699695Average List Price$518,428$523,558$533,453$530,038$534,600Average Days on Market143142143144145Prior Week     Sale Recorded (Closed)615141721Average List Price$293,633$383,141$275,617$344,957$393,961Average Sales ...

Is the Phoenix Metro Real Estate Market starting to turn around?  Increased buyer activity may be signaling just that!  We currently have  14.7 months worth of inventory in Active Listings in MLS. (This is a market improvement over last week.)Arizona Regional MLS Inventory Data(All dwelling types)56,365Active ...

I enjoyed my 1.2 minutes of fame today as I was interviewed by Sara Acevedo of Fox 10 News. (click to see the interview) for the 5:00 news. The topic?  The continued influx of Canadian buyers who are taking advantage of their strong Canadian Dollar and our weak real estate market.  There continue to be tremendous real ...