We have one of the BEST Multiple Listings Services (MLS) available…and they provide us with relevant market data. Since everyone is talking about the “market” everywhere you go..I thought I would share some real numbers.
All of this data is quoted from the Arizona Regional Multiple Listing Service, Inc…or ARMLS as we refer to it.
“SALES Month over Month
Monthly Sales in December were 8,401, a 23.8% increase over November’s 6,786. This complements an upward sales trend for the whole fourth quarter. The highest sales for 2010 of 9,280 occurred in June. This month over month gain coupled with the fourth quarter trend demonstrates a metric clearly moving in the right direction, after a pattern for 2010 characterized by a “one step forward and two steps back” phenomenon. The December Sales figure ends the year as a 45.12% increase compared to the January figure (5,789) at the start of the year.
Ok…it’s not all “happy” news…but the deals out there are unbelievable! AND interest rates seem to be on the rise…so get off the fence and in the game! 🙂