Here’s a look at the recent trends county-wide. I’m pulling a rolling 13-month history so we can see the last year’s trends plus a comparison of this month to the same month last year.
Looking at the numbers, homes are still selling at a very brisk pace – near record levels. And it’s a very good thing they are, because even with that heavy demand, prices are still trending downward. It sort of defies the laws of economics right now. We’ll have to see what happens to bank activity, and the market as a whole, in the coming months. (especially if the economy slows down even further..)
Specific Zip Code reports are now available! If you’d like to see how the sales activity in your zip code compares with the county as a whole, just click here to sign up, and you’ll receive your zip code report via email each month.
and now, on to the reports. (click each chart to embiggen)
Number of Homes Sold by Month
Average Sold Price
Average Price per Square Foot
Average Number of Days on Market
** The data for all these charts represents Single Family Homes sold in Maricopa County via the MLS. All data was pulled from the Arizona Regional Multiple Listing Service, and is thought to be accurate but is not guaranteed. Please do not make any life-changing decisions based solely on the information contained herein.
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Your eyes wide open trends Realtor,