PHOENIX & EAST VALLEY SALES & LISTINGS

The latest report for the Southeast Phoenix Valley and Greater Phoenix markets provided courtesy of First American Title.

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MLS INVENTORY - 07/23 - SOUTHEAST VALLEY

Departing from the previous format, during the last 2 weeks Listings up 81, Pending up 53 and Sales down 99. With Active and Pending at 21079 total and divided by sales of gives us 9.8 months of inventory. Based on Active only, that would be 8.3 months.

Again, under a new format, Total Phoenix Area MLS Actives, during the last 2 weeks, up by 308, Pending by 173 and Sold down by 79. This is 11 months inventory, but based on Sales only it is 9.4 months.

MLS INVENTORY - 07/23 - TOTAL VALLEY


Prices continue to decline, driven mostly by sale of REO (Bank owned) properties and Short Sales.

As stated before, it is predicted that the Valley will double in population in 20 years. Good time to buy - I think so!

On a short term time line, the President will likely sign the Mortgage Relief package from Congress, which should help the economy begin to turn upward. Not a total solution, but hopefully will help folks to become a little more positive about tomorrow.

PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley and Greater Phoenix markets provided courtesy of First American Title.

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MLS INVENTORY - 07/08 - SOUTHEAST VALLEY

The number of listings (active and pending) in the SOUTHEAST VALLEY went down by 733 from 2 weeks ago, new contracts in escrow were 466 of those. Sales were up by 52 (2.4%). Summer months are not when a lot of folks are out looking, most make there move earlier to close before schools reopen.

With the total listings at 20964 and SALES at 2252, we now have 9.3 months of inventory in the pipeline for the South East Valley.

Phoenix data is compared to a report of 5 weeks ago.

Results for the total Phoenix MLS area showed the listings decreased by 470 to 60926, while contracts and sales both increased (by 54 and 34 respectively.

We now have 10.7 months of inventory in the Phoenix MLS pipeline.

MLS INVENTORY - 07/08 - TOTAL VALLEY


Prices continue to decline, driven mostly by sale of REPO (Bank owned) properties and Short Sales. Where it will end is anybody's guess, but it is predicted that the Valley will double in population in 20 years. Eventually, the market will begin to turn - we are the nations leader in employment increases which will begin to attract new folks from areas not so fortunate.

PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley and Greater Phoenix markets provided courtesy of First American Title.

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

MLS INVENTORY - 06/25 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY went down by only 20 from 3 weeks ago, new contracts in escrow up by 183 but sales were down by 83 (3.6%).

With the ACTIVE listings at 18174 and SALES at 2200, we now have 8.72 months of inventory in the pipeline for the South East Valley.

In the past week I have noted increased activity in both my own office and in the title companies I have visited. Is it a trend in the making or just a blip on the radar screen. We should know more by the next report from 1st American Title.


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I will report of Greater Phoenix in the next report.

PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley market provided courtesy of First American Title.

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

MLS INVENTORY - 06/04 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY went down by 518 from 1 week ago, new contracts in escrow decreased by 155 but sales were up by 121 (5.3%).

With the ACTIVE listings at 18194 and SALES at 2283, we now have 7.96 months of inventory in the pipeline for the South East Valley.

Positive results for the total Phoenix MLS area showed the listings decreased by 1246 to 52778, and while new contracts in escrow did decrease by 322, sales increased by 296. We now have 9.3 months of inventory in the Phoenix MLS pipeline.

MLS INVENTORY - 06.04 - TOTAL VALLEY


It is my growing impression from recent reports that most of the sales in our current market are Bank Owned and Short Sale properties. These sales are frequently at much lower prices than the prevailing MLS listing resales. Appraisers will take these lower sales into account when valuing your home so don't be counting on selling at higher prices than the comparables including repos and Short Sales if you list your home. That is not good news for those in distress but Short Sales may be a way to avoid foreclosure. Not easy, but better that a 3 to 4 year delay in your ability to buy another home in the future.

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PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley market provided courtesy of First American Title.

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

MLS INVENTORY - 05/28 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY decreased by 40 from 2 weeks ago, new contracts in escrow decreased by 55 but sales were up by 180 (8.9%). Pretty positive gain!

With the ACTIVE listings at 18845 and SALES & PENDING at 5689, we now have 8.7 months of inventory in the pipeline for the South East Valley.

Positive results for the total Phoenix MLS area showed the listings decreased by 95 to 54220, new contracts in escrow were up by 26, and sales completed were up by 446. We now have 10.1 months of inventory in the Phoenix MLS pipeline.

MLS INVENTORY - 05/28 - TOTAL VALLEY


Keep your eye on the market, we may be stabilizing.

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PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley market provided courtesy of First American Title.

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

MLS INVENTORY - 05/13 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY decreased by 95 from 2 weeks ago, new contracts in escrow increased by 171 and sales were up by 39 (2.0%). The positive news continues!

With the ACTIVE listings at 18885 and SALES at 2004, we now have 10.6 months of inventory in the pipeline for the South East Valley, up slightly from 2 weeks ago.

Positive results for the total Phoenix MLS area showed the listings decreased by 1330 to 54315, new contracts in escrow were up by 370, and sales completed were up by 540 (11.9%). We now have 9.3 months of inventory in the Phoenix MLS pipeline.

MLS INVENTORY - 05/13 - TOTAL VALLEY


Keep the good times rolling.

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PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley market provided courtesy of First American Title.

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

MLS INVENTORY - 05/07 - SOUTHEAST VALLEY

The number of listings decreased by 547 from 2 weeks ago, new contracts in escrow increased by 51 and sales were up by 121(6.6%). The positive news continues!

With the ACTIVE listings at 18986 and SALES at 1965, we now have 9.7 months of inventory in the pipeline for the South East Valley, down from over 10.8 months.

The South East Valley provided most of the positive results for the total Phoenix MLS area which showed the listings decreased by only 217 to 55428, new contracts in escrow were down by 27, althougth sales completed were up by 407 (9.0%).

MLS INVENTORY - 05/07 - TOTAL VALLEY


Keep up the good work, folks.

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PHOENIX SALES & INVENTORY REPORT

A two week later "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided courtesy of First American Title.

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MLS INVENTORY - 04/23 - SOUTHEAST VALLEY

The number of listings decreased by 156 from 2 weeks ago, new contracts in escrow increased by 11.1% and sales up by 79 (4.5%). The positive news continues!

With the ACTIVE listings at 19533 and SALES at 1844, we now have 10.8 months of inventory in the system for the South East Valley, down from over 12 months.

For the entire Phoenix MLS area, more good news. Inventory down modestly, new contracts accepted (pending) up by 982, and sales closed 152.

MLS INVENTORY - 04/23 - TOTAL VALLEY

"In the right direction."

A new report: VALLEY LISTINGS VS SOLDS

Inventory is 2 times the Jan. 2002 level but declining - Sales are at 1/2 the Jan.2005 peak but improving.

Keep up the good work, folks.

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SOUTHEAST VALLEY SALES & INVENTORY REPORT

A one week later "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided courtesy of First American Title.

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MLS INVENTORY - 04/09 - SOUTHEAST VALLEY

The number of listing increased by 355 from 1 week ago, new contracts in escrow increased by 11.8% and sales continued at 1700+ levels. The positive news continues.

With the ACTIVE listings at 22,692 and SALES at 1765, we now have 12.8 months of inventory in the system for the SouthEast Valley.

As a bonus, here is the data for the entire Phoenix MLS area.

MLS INVENTORY - 04/09 - TOTAL VALLEY

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

SOUTHEAST VALLEY SALES & INVENTORY REPORT

A one week later "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided courtesy of First American Title.

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

MLS INVENTORY - 04/02 - SOUTHEAST VALLEY

The number of listing decreased from 1 week ago, new contracts in escrow declined by 3.5% and sales of 1770 homes (a 9% increase). A continuation of the positive news.

With the ACTIVE listings at 22,337 and SALES at 1770, we now have 11.1 months of inventory in the system for the SouthEast Valley.

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

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.

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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.

LATEST REPORT FOR SOUTHEAST VALLEY SALES & INVENTORY

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

This data is provided weekly courtesy of First American Title.

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MLS INVENTORY - 02/13- SOUTHEAST VALLEY

Indeed, consistent with the REBAC article just below, in the Southeast Valley, pending sales for the 30 day period ending Dec.12 (1816) to the 30 day period ending Feb. 13 (2234) have increased by 418 homes (23%). This is in the face of many, many, sitting on the side trying to "time the Real Estate market".

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

1ST 2008 REPORT FOR SOUTHEAST VALLEY SALES & INVENTORY

his is the 1st 2008 weekly "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided weekly courtesy of First American Title.

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MLS INVENTORY - 01/02 - SOUTHEAST VALLEY

Comparing this data with the last December report (12/12/07), the combined PENDING (under contract) and SOLD totals show an increase of over 300 homes. Current ACTIVE inventory is just over 14 months.

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

Maricopa & Pinal Country 3rd Q ARMLS Sales & Price History

The following report, provided courtesy of 1st American Title, is a 3rd Quarter ARMLS report of Listing Inventory, Sales, Prices, Days on Market, by Zipcode, for Maricopa and portions of Pinal County.

ARMLS REPORT

This is an exceptionally detailed report of historical data and an ARMLS prediction of where it is headed in the 4th Quarter of 2007.

Buying A Home Isn't Stupid

A few tidbits of information the National Association of Realtors would like the media to keep in mind:

Buying a Home isn't Stupid!

And for investors, you could hardly beat the home prices available now!

DROUGHT AREA MONITER

Here is a new factor to consider if you are in the home buying process. Water, water, everywhere? Not always!


Droughts Impact 'Location' Buying Factor

Perhaps a visit to the NOAA website would be in order - it is complicated but with a little effort you can check out your home buying area of interest for "anomalies"!


NOAA

Keep it simpler - try this:


DROUGHT SCORE FOR ARIZONA

Lest this scare you away, Arizona has the best drought mitigation program of any of our neighboring states. We will prevail!

First Weekly Report for November

This is the first November weekly "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided weekly courtesy of First American Title.

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MLS INVENTORY - SOUTHEAST VALLEY

Please Note: The sales from our 10/31 report was 1298 units for past 30 days, and is 1351 for the 30 days ending 11/7. This is the first increase in many weeks!

We still have 15 Months of inventory, a bit more than 2 years ago (a BIG bit!)

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

October East Valley Market Report

This is the month end report for October. It is a snapshot of the Southeast Phoenix Valley market status.

This monthly report from MLS data is also on my web page. It provides a summary for October and the past 12 months.

EAST VALLEY LISTINGS AND SALES HISTORY

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

ZIP CODE DEMOGRAPTHICS

Learn the DEMOGRAPTHICS of your ZIP CODE or of an area you find of interest for your next home. Learn the Education, Marital Status, Income, and Occupation distribution of those living in your current area or compare your ZIP to all others in your area.

NATIONAL ZIP CODE ANALYSIS

This data is developed froe the U.S. Census of Year 2000.

YEAR 2000 CENSUS PAGE

Gives you a great way to know where you are now or where you are heading.

Does Housing "Fatigue" Signal The Bottom?

Realty Times offers some interesting comments regarding the national market:


Does Housing "Fatigue" Signal The Bottom?


Hmmmm, maybe near the bottom?