Not only are the trends continuing, but they’re gaining strength! Prices are heading upwards, and Days on Market is heading down. And while I’m still not ready to say it’s 2005 all over again, it certainly feels that way out there right now. (and the charts back that up.)
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..
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 charts. (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.
Questions, comments, suggestions? Please give me a call/email anytime – I’d love to hear from you!
- Chris Butterworth