April has been a busy month in terms of real estate activity across Maricopa County--here is our April 2016 Maricopa County real estate update. Currently, there are approximately 22,300 properties for sale across the county--there are slightly over 14,000 pending sales and since March 25, 2016, there have been 8563 sales. Overall, available inventory has remained somewhat steady over the past few months. Here is a chart that breaks down some interesting data about the current market: This chart shows Market Activity for the past three months across Maricopa County: Our
2016 1st QTR Maricopa County Market Recap
April is almost here so it's time for our 2016 1st QTR Market Recap. As expected, sales have picked up and inventory has risen. As of March 31, there are 22641 homes actively listed--of those, just 637 (three percent) are distressed (bank owned, short sale, auction or pre-foreclosure). There are 13327 pending sales and in the past three months there have been 17,953 closed sales. Here is a breakdown of the low, median and high sale for the past quarter: This graph shows Market Activity YTD: This graph shows Average Days on Market YTD: View detailed ARMLS statistics for
2016 Jan/Feb Maricopa County Market Recap
With two months in the books, we wanted to provide a quick market update. Here's our 2016 Jan/Feb Maricopa County Market Recap: the big news is rising inventory levels. With 2015 hovering around 20,000 to 21,000 units (single family homes, condominiums, patio homes, town homes and lofts), there are now 23008 active listings on the market. There are currently 12025 pending sales and from January 1, 2016 to February 28, 2016, there were 10,182 sales--here is breakdown of the low sale, average sale and high sale across the county: This graph shows market activity across Maricopa County
2015 Maricopa County Market Recap
2015 has come and gone and now it's time for our 2015 Maricopa County Market Recap. The past year has been somewhat flat in terms of overall appreciation and total active listings (for all product types) hovered around 20,000 for the year. There were 84,155 total closed residential transactions in 2015--this figure is up from the 76,550 sales in 2014. Here is a quick snapshot of the low sale, high sale and average sales across the county: This graph shows Closed Sales across the county for 2015: This graph shows how the Average Days on Market has changed over the course of the
Newest Maricopa County Listings
Find the Newest Maricopa County Listings Are you looking for the newest Maricopa County listings? With a population of 4.5 million in the Phoenix Metro area, there are lots of new-to-market listings daily and with nearly 40 cities and towns spread across Maricopa County, there are numerous locations to choose from. The top five cities in terms of population are Phoenix, Mesa, Chandler, Glendale and Scottsdale. The Valley of the Sun offers a wide range of housing options and no matter what your budget, there is a property for you. If you have a question about a particular market,
2015 3rd QTR Market Recap
The majority of 2015 has been relatively flat and the third quarter was no exception. Here's our 2015 3rd QTR market recap for Maricopa County. Overall, there were 22029 sales--this includes all housing product types. This is a snapshot of the overall trends for the 3rd quarter across the county: Note: the "low" and "high" rows in the above chart represent individual properties. Of the 22,029 properties that sold last quarter, 1607 or 7% were "distressed" sales--this includes bank owned homes, short sales, auction properties and pre-foreclosure properties. Here is a graph that shows
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