If you've considered a career in real estate, here is a quick guide on how to get an Arizona real estate license. Let's dive right in. First, let's look at the main steps to obtain an Arizona real estate license. Attend an Arizona Department of Real Estate (ADRE) approved school (must be in-class attendance) and complete the 90 hours of required course work for the real estate salesperson license. During your course work at the real estate school, you will obtain a Fingerprint Clearance Card--this card is issued by the Department of Public Safety--most schools will assist with this
September 2019 Phoenix Real Estate Update
Let's jump right in to our September 2019 Phoenix real estate update. First we'll look at inventory numbers. Last months' report showed active listings at around 13, 250. As of September 30, we have 14,059 actively listed properties across Maricopa County. In terms of distressed properties, there are 141--this is just 1% of total available inventory. The average days on market for all active listings is 101. While inventory is up 800 units from 30 days ago, we are still experiencing a shortage at some price points. There are just over 10,000 pending units (under contract)--this
August 2019 Phoenix Real Estate Market Report
To learn more about Maricopa County housing trends, read our August 2019 Phoenix real estate market report. Just when we thought inventory couldn't fall anymore, it dropped again and we now face a real housing shortage (at some price points). As of August 28, there are just 13,249 actively listed properties on the market--this includes all housing types. The average days on market (ADOM) for active listings in 105, but if we look at properties priced under $300K, this number drops significantly--see the graph below for more detail. As you can see, for homes priced under $300K, there is less
July 2019 Phoenix Real Estate Market Report
The big news in our market is greatly reduced housing inventory--do not miss our July 2019 Phoenix real estate market report. Let's do this. Back in May we had approximately 16,785 active listings and as of July 27, we have 14,400--this represents a 14% reduction in available homes. Not all price ranges have been affected--for example, there is still excess housing in the $1M plus range. The days on market for active listings across Maricopa County is 105 and the average days on market for sold properties in the past month is 63--very similar to numbers we saw in May. At all price
May 2019 Phoenix Real Estate Market Update
With June around the corner, it's time for our May 2019 Phoenix real estate market update. Let's see what's happening. As of May 30, 2019, there are 16,785 active properties for sale across Maricopa County--inventory has fallen by ten percent in the last 30 days. The average days on market for the active listings is 102--up from 99 last month. Check out how the active listings have changed year over year: There are currently 13,259 properties under contract and over the past 30 days there have been 9957 sales. The average days on market for recently sold properties was 65--down
April 2019 Phoenix Metro Real Estate Update
This year is flying by and since we missed last month (apologies for that), here is our April 2019 Phoenix Metro real estate update--this market report will cover all of Maricopa County for the past 30 days or so. Let's jump in and view the numbers. There are currently 18450 homes available for sale--this number has fluctuated up and down by 500-700 for many months. At the beginning of 2019, it looked as if the inventory could reach 20,000 units, but activity began to pick up and the numbers quickly fell. Of the active listings on market, the average days on market (DOM) is 99--this
Feb 2019 Phoenix Metro Real Estate Update
We're back--it's been a few months since our last report and now it's time for our Feb 2019 Phoenix metro real estate update. The big news right now is rising inventory. Since December of 2018 inventory levels have been on an upward track. Today, we are now sitting at approximately 19,300 active listings across the Phoenix metro area. Buyer demand has waned a bit over the past 60 days--essentially this means the market has softened a bit. Let's look at some of the key numbers. For active listings, the average days on market is 102--this number is up from December. Currently there are
December 2018 Phoenix Metro Real Estate Update
This year has flown by and now it's time for our December 2018 Phoenix metro real estate update. Let's jump right in. There are currently 18046 properties actively listed across Maricopa County--this number is down slightly from the past month where the inventory reached a peak of around 18,500. There are 6612 properties under contract and in the past 30 days there have been 6696 sales. December can be hit or miss in terms of sales activity--we've seen a lot of activity this time of year and we have also seen very little activity. Sales activity always declines right around the holidays,
Oct 2018 Phoenix & Scottsdale Real Estate Market Update
The end of the month is drawing near so it's time for our Oct 2018 Phoenix & Scottsdale real estate market update. Let's jump in. Phoenix Our inventory took a big jump in the past 30 days--nearly 9%. Active properties across the Phoenix metro area number 18076. There are 8630 pending sales and in the past 30 days, there have been 6667 sales. The average days on market (DOM) for the active listings is 99 and the DOM for recent sales is 60 days--these are very close to the figures in September 2018. The average sale price over the past 30 days was $328,156--average square footage was
September 2018 Phoenix & Scottsdale Real Estate Market
The market has been steady despite rising interest rates and a rise in inventory. Let's take a look at our September 2018 Phoenix and Scottsdale Real Estate Market Update. Currently there are 16,596 properties actively listed for sale--this is about 800 more than the inventory available in August. The average days on market for the active listings is 103 and there are currently 10,155 properties under contract. There have been 7548 sales across Maricopa County in the past 30 days and of those sales, the average dollar per square foot was $162. The average days on market for sales that
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