

Greater Phoenix Home Supply Down 48%, Contracts Up 35%
Because population growth has consistently outpaced housing growth every year over the past 10 years, rents and values are projected to cont


AZ Housing Market Closing Out 2020 Strong!
There were 10,075 completed sales recorded for single-family and townhouse / condo properties. This is up 15% from November 2019. It is...


Active Listings Down 40%, yet Sales Up 20% from October 2019
Here are the basics - the ARMLS numbers for November 1, 2020 compared with November 1, 2019 for all areas & types: Active Listings...


Homes Under Contract Up 36% from this Time Last Year!
For Buyers: A common complaint in the resale market is “there’s nothing for sale”. However from July through September, the Realtor®...


Wow! 17% Spike in Contracts over $600K in August 34% of Homes Closed Over Asking Price
For Buyers: The first few weeks of August saw a surprising 17% spike in listings under contract over $600K. This is highly unusual as...


Phoenix Real Estate Market is Still HOT!
Once again, here is our table of Cromford® Market Index (CMI)* values for the single-family markets in the 17 largest cities The number...

35.2% of Homes Sold In Phoenix this Month, Sold for Over List Price
Once again, here is our table of Cromford® Market Index* values for the single-family markets in the 17 largest cities as of August 20,...

Average Price Per Square Foot Hits Record Highs
Below is our table of Cromford® Market Index* values for the single-family markets in the 17 largest cities. For the first time since...


July Breaks Records in 2020: 65% of Homes Affordable in Greater Phoenix
For Buyers: It’s a jungle out there for buyers, but despite recent appreciation rates the HOI* measure for Greater Phoenix increased to...


AZ Housing Market is HOT...Top 5 AZ Cities Selling Over Asking Price
For Buyers: Greater Phoenix has a population of approximately 4.8 million people and 1.4 million single family homes, condos and...