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AZ Market Summary for Beginning of May
Starting with the basic ARMLS numbers for May 1, 2018 and comparing them with May 1, 2017 for all areas & types: Active Listings...
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MLS Sales Out Perform Non-MLS Sales in Frenzy Market...Supply Under $200K Down 36% Over Last Year
For Buyers: Greater Phoenix ended the 1st Quarter 13% lower in supply, which was not helped by a 2% decline in new listings entering the...
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Median Sale Price up $20,000 over March 2017...17% of Sales are Closing Over Asking Price
For Buyers: The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years...
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Market Summary for the Beginning of March
Starting with the basic ARMLS numbers for March 1, 2018 and comparing them with March 1, 2017 for all areas & types: Active Listings...
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Mid Month AZ Housing Update and Forecast
Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting...
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Inventory Under $150K Down 62%"
MLS Sales Over $1M up 36%: Inventory Under $150K Down 62%
For Buyers: Buyers continue to have a tough time finding inventory on the low end of the market. New listings overall are down 9%...
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Home Prices Continue to Rise Around the Valley
Mid Month Pricing Update and Forecast Each month about this time we look back at the previous month, analyze how pricing has behaved and...
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Starting 2018 with 14 Percent Fewer Homes for Sale than Last Year
Starting the year with 14% fewer homes for sale than last year is more bad news for buyers. Even with a fresh batch of listings arriving ove
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Lack of Supply is the Big Issue in the Greater Phoenix Market
Supply, or rather the lack of it, is the big issue in the Greater Phoenix market below $1 million. It was already low 12 months ago, but...
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Mid Month Home Pricing Update and Forecast
For the monthly period ending December 15, we are currently recording a sales $/SF of $156.20 averaged for all areas and types across the AR