Archive for the 'Market Statistics' Category
Tempe Real Estate-Market Statistics Single Family Homes Aug 2008
September 15th, 2008 categories: Market Statistics, Tempe Real Estate
Here are the numbers for single family homes in Tempe Real Estate for the month of Aug 2008.
Active Listings: 512
New Listings: 137
Pending Sales: 81
Sold Homes: 80
The average sales price for Tempe homes was $252,502 for the month of Aug.
There was an increase in listings and the sales and pending Tempe homes for sale remained flat. The current inventory of homes for sale in Tempe is 6.4 months.
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Chandler Real Estate-Market Statistics Aug 2008
September 9th, 2008 categories: Market Statistics, Real Estate News
Currently there are 2113 active listings in the Chandler AZ Real Estate Market. The inventory of single family homes decreased slightly from July 2008.
New Listings: 630
Pending Sales: 336
Sold Homes: 324
The current absorption rate or supply of homes is 6.5 months-approaching a balanced market.
The average sales price increased, $281,293 for the month of August . The average sales for homes in Chandler increased 1% from July 2008.
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Chandler Real Estate-Foreclosures
Currently there are 187 Chandler homes for sale that are foreclosures.
If you would like a complete list of Phoenix foreclosures you can call-480-216-4849 or email me
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Phoenix Real Estate- Market Statistics August 2008
September 2nd, 2008 categories: Market Statistics, Phoenix Foreclosures, Real Estate News
Here is the latest in the Phoenix Real Estate Market. These numbers are for all housing types in Phoenix (homes, condos etc) - since it is all about Phoenix Real Estate.
Currently there are 13,452 Phoenix homes for sale, down slightly from July 2008.
The current absorption rate of Phoenix homes for sale is about 9.9 months-down slightly from July 2008.
For the month of August there were:
- New Listings: 3598
- Pending Sales: 1400
- Sold Homes: 1354
Listing Status Phoenix Real Estate Aug 2008
The average sales price of Phoenix homes continued in a negative direction, which was not unexpected with the number of Phoenix foreclosures. The average sales price fell 4.5% from July 2008.
Phoenix Real Estate-Foreclosures August 2008
The number of Phoenix homes for sale continue to see an increasing number of foreclosures. Currently there are 2698 bank owned/REO homes for sale in Phoenix, an increase of 8% from July 2008.
For more information on the Phoenix Market Conditions visit ASU Realty Studies
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Chandler Real Estate-Market Statistics July 2008
August 9th, 2008 categories: Market Statistics, Real Estate News
Currently there are 2198 active listings in the Chandler AZ Real Estate Market. The inventory of single family homes increased from June 2008.
New Listings: 593
Pending Sales: 380
Sold Homes: 333
The current absorption rate or supply of homes is 6.6 months-approaching a balance market.
The average sales price continues to decline, $276,178 for the month of July. The average sales for homes in Chandler decreased 10% from June 2008.
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Chandler Real Estate-Foreclosures
Foreclosures in Chandler accounted for 83 of the sales in July and there are currently 189 Chandler homes for sale that are foreclosures.
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Phoenix Real Estate-July 2008 Market Statistics
August 3rd, 2008 categories: Market Statistics, Phoenix Foreclosures, Real Estate News
July 2008 Phoenix Real Estate Market Statistics
Here is the latest and greatest in the Phoenix Real Estate Market. These numbers are for all housing types in Phoenix. Note-in prior months- I have based my charts and numbers on just single family homes. This month and in following months statistics will be based on all housing types (homes, condos etc) - since it is all about Phoenix Real Estate.
Currently there are 13,501 Phoenix homes for sale.
The current absorption rate of Phoenix homes for sale is about 10.3 months-no change from June 2008.
For the month of July there were:
- New Listings: 3580
- Pending Sales: 1746
- Sold Homes: 1305
Listing Status Phoenix Real Estate July 2008
The average sales price of Phoenix homes continued in a negative direction, which was not unexpected with the number of Phoenix foreclosures. The average sales price fell 9.0% from June 2008.
Phoenix Real Estate-Foreclosures July 2008
The number of Phoenix homes for sale continue to see an increasing number of foreclosures. Currently there are 2509 bank owned/REO homes for sale in Phoenix, an increase of 12% from April 2008.
For more information on the Phoenix Market Conditions visit ASU Realty Studies
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Tempe Real Estate Market Statistics June 2008
July 14th, 2008 categories: Market Statistics
Here are the numbers for single family homes in Tempe Real Estate for the month of June 2008.
Active Listings: 554
New Listings: 185
Pending Sales: 91
Sold Homes: 80
The average sales price showed an increase of 5% from May 2008. The average sales price for Tempe homes was $283,226 for the month of June.
There was an increase in listings and the sales and pending Tempe homes for sale declined leading to an increase in inventory and an increased absorbtion rate. The current inventory of homes for sale in Tempe increase to 6.9 months compared to last months inventory of 4.4 months.
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Phoenix Real Estate-June 2008 Market Statistics
July 2nd, 2008 categories: Market Statistics
These Phoenix Real Estate Market Statistics are for single family homes. Currently there are 10547 Phoenix homes for sale. Inventory is up slightly- compared to May 2008 where there were 10479 active listings at the time the post was written.
The number of sold homes and pending sales remain flat. The current absorption rate of Phoenix homes for sale is about 10.7 months.
For the month of June there were:
- New Listings: 2821
- Pending Sales: 1251
- Sold Homes: 983
Listing Status Phoenix Real Esate June 2008
The average sales price of Phoenix homes continued in a negative direction, which was not unexpected with the number of Phoenix foreclosures. The average sales price fell 9.2% from May 2008.
Phoenix Real Estate- List Price vs Sold Price June 2008
The list price/sale price for the month of June was 4.42%, which means that, on average, homes for sale in Phoenix sold for 4.42 % under the asking price.
For more information on the Phoenix Market Conditions visit ASU Realty Studies
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Foreclosures in Phoenix-Phoenix Real Estate
June 23rd, 2008 categories: Market Statistics, Phoenix Foreclosures
I get a lot of inquires from buyers looking to purchase Phoenix REO/Foreclosed homes in the Phoenix Real Estate market. I thought it would be interesting to see what the percentage of available listings in the Phoenix Real Estate market that are foreclosures. Here are the numbers in each of the East Valley cities. The data is for single family homes.
| City | Active Listings | REO Listings | % of Market Share |
|---|---|---|---|
| Gilbert | 2281 | 189 | 8.2% |
| Chandler | 2016 | 176 | 8.7% |
| Tempe | 548 | 23 | 4.2% |
| Queen Creek | 1750 | 250 | 14.3% |
| Phoenix | 10608 | 1843 | 17.3% |
| Maricopa | 846 | 151 | 17.8% |
| Mesa | 3440 | 358 | 10.4% |
| Scottsdale | 4164 | 152 | 3.6% |
As you can see- the outer lying areas of Queen Creek and Maricopa have been the hardest hit, but the number of Phoenix foreclosed homes is about the same as Maricopa and Queen Creek. Scottsdale is showing the least amount of foreclosures as you might expect. If you would like more information on homes for sale in the Phoenix area, or Phoenix foreclosures please email me at jamie_geiger@cox.net or call me at 480-216-4849
| Discussion: 3 Comments »
Phoenix Real Estate- Market Statisics May 2008
June 15th, 2008 categories: Market Statistics, Real Estate News
There are currently 10,479 active listings (single family homes) for the Phoenix Real Estate Market. For the month of May there where 2561 new listings, 1260 pending sales and 984 sales. The current absorbtion rate or inventory of homes is currently 10.6 months for single family homes in Phoenix.
The average sale price for a Phoenix home in May 2008 was $261,272, compared to an average sales price of $260,111- showing a ever so small increase, but the good news- it did not decrease.
Phoenix Real Estate-List Price vs Sale Price
This chart shows a 4% difference between the the listed price and the actual sale price.
Phoenix Real Estate- Listing Trends
This chart is showing a positive trend, with pending and sold homes increasing.
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Chandler Real Estate-Market Statistics May 2008
June 12th, 2008 categories: Market Statistics, Real Estate News
Currently there are 2012 active listings in the Chandler AZ Real Estate Market. The inventory of single family homes has remained relatively flat.
The current absorbtion rate or supply of homes is 5.9 months-approaching a balance market.
The average sales price continues to decline with a 5% drop from April 2008.
The List Price to Sales Price ratio is about 95%-homes are selling on average 5% under the asking price.
The number of homes sold increased 28% from April 2008 and the number of new listings fell by 14%
This graph indicates a good trend- more homes are selling!!
| Discussion: 1 Comment »
