Thursday, March 27, 2008

GREAT REPORT FOR SOUTHEAST VALLEY SALES & INVENTORY

This is the latest 2008 "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided roughly weekly courtesy of First American Title.

Please use the BACK arrow to return to this Blog after viewing the data:

MLS INVENTORY - 03/26 - SOUTHEAST VALLEY


While the number of listing only increased by 134 Homes since the Feb.13 report below, the 30 day period ending Mar.26 produced new contracts in escrow of 2781 (a 24.4% increase) and sales of 1625 homes (a 43% increase) from the Feb.13 report. Good news indeed and hopefully a sign of the months ahead of us. This is later data than the article two steps below this which reported a 3% national increase in Feb.

An editorial comment based on conversations with other Realtors and heard from Investor presumed Experts - we may be at the bottom. I personally feel there may still be something under 6-8% left to go.

We offer this data as a candid, unfiltered, indicator of home listings and sales activity for your East Valley decision making process.

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