I thought I would share some thoughts on where we are with sales and pending sales here in the Metro Phoenix Area…according to stats available to Realtors via the MLS (Multiple Listing System).
We are very blessed to have a SUPER BRAIN named Mike Orr provide us with the Cromford Report…a daily market insight into the Phoenix metropolitan area residential re-sale real estate market.
He takes the data and breaks to down into charts and graphs that clearly illustrate the movements of the market. For example here is a series of comprehensive charts with some great data.
This chart shows the number of active listings in the Metro Phoenix Home Market in comparison to last month and last year.
Below breaks down the pending activity.
And finally a comparison of sales on a monthly and annual basis.
This is just the “tip of the iceberg” as far as data we can get from Mr. Orr. He gets really detailed as you can see in the below pre-foreclosure/short sale data chart.
This is really valuable information for agents to have in order to provide their clients with advise and direction when considering buying or selling a home in the Metro Phoenix Area.
If you are looking for a GREAT agent to help with your real estate need please give me a call at 602-504-3898 or 888-897-7821 x 114. Plus, I have a GREAT search tool on my web site that gives you the ability to search the entire MLS…just like agents do. Very COOL! 😉 Go to Metro Phoenix Homes and check it out! If you save even one home as a favorite, you will be prompted to enter contact information. If you do this…YOU can create and save as many searches as you would like. It is THE BEST MOST ACCURATE SEARCH OF OUR LOCAL MLS!!