Here is the MLS activity from last week from the Fletcher Heights area. The numbers continue to show more new listings coming onto the market than those going into escrow, but this week had a higher-than-average number of homes close escrow, as well as a smaller-than-average percentage of pricing reductions.
Active Listings – These homes are new to the market.
Pending Sale – These homes went into escrow. (note: I'm including those homes as "Active with Contingencies" in this section, since they are in escrow while continuing to market for backup offers.)
Sold – These homes successfully closed escrow.
Price Changes – there were also 19 homes which reduced their price by an average of 2.6% last week.
All information is taken from the Arizona Regional Multiple Listing Service (MLS) and is deemed accurate but not guaranteed.
Please note: These numbers represent a "snap-shot in time", but do not tell the whole story. We don't know by looking at these numbers, for example, the condition of a particular property, the owners' motivation for selling, or the property's lot location. We also don't know, without further research, whether any price shown here represents a good value. There can be many "soft" factors which contribute to determining an ideal price. If you have any additional questions or comments, want to see additional data, or want to know how all this information relates to your property specifically, please don't hesitate to contact me anytime.
- Chris Butterworth
[tags] Fletcher Heights, MLS activity [/tags]