Monday, September 6, 2010

Distressed Sales by Month – August 2010

Overall sales are still down from earlier in the summer, although the numbers are slightly higher than last month.  What I found most interesting is the trend of the short sales compared with the trend for bank-owned sales; if the trends continue we should see more short sales than REOs within the next couple/few months!

I’ve pulled all the homes sold since 1/1/2009 for Single Family Residences in Maricopa County.

(click each chart to see full size)

Home Sales by Type of Owner



Home Sales by Type of Occupant



All data was pulled from Arizona Regional Multiple Listing Service (ARMLS) and is deemed accurate but not guaranteed.  (In other words, please don’t make life altering decisions based on this data!)

Update 9/9/10: click here to see a similar post showing New Distressed Listings.

Your keeping his nose to the trend-line grindstone Realtor,

Chris Butterworth