Monday, October 15, 2012

Maricopa County Charts - September 2012

Maricopa County Charts - September 2012


We've been watching this "market correction" for a long time now, and there's still a lot of uncertainty about what's coming next. Here are a few charts worth noting this month..

Number of New Vacant Listings

This chart shows how many homes went up for sale as vacant homes. Obviously, a "normal" market will not have thousands of vacant homes for sale each month.

Maricopa County - Vacant Listings

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Average Price per Square Foot of Sold Homes

You can see how prices shot up dramatically in the first half of the chart (21% increase in 7 months). And while prices are still increasing, the rate of increase has slowed. (3.4% in the last 4 months).

Maricopa County - price per square foot

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Number of Homes Sold

The number of homes sold has held within the 5,000 - 6,000 range over the last year, with a couple months slightly outside that range.

Maricopa County - number sold

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Numbers represent Single Family Dwellings in Maricopa County. All data was pulled from the Arizona Regional Multiple Listing Service (ARMLS) and is believed to be accurate but not guaranteed.

-Chris Butterworth

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