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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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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Chandler Real Estate Market Statistics June 2008
July 8th, 2008 categories: Real Estate News
These Chandler Real Estate Market Statistics are for single family homes. Currently there are 1947 Chandler homes for sale. Inventory is down- compared to May 2008 where there were 2012 active listings at the time the post was written.
The number of sold homes and pending sales declined as did the number of new listings. The current absorption rate of Chandler homes for sale is about 6.3 months approaching a balanced market.
For the month of June there were:
- New Listings: 436
- Pending Sales: 317
- Sold Homes: 309
Listing Status Chandler Real Esate June 2008
The average sales price incresed 6%- it will be interesting to see if this will continue in the coming months. You can see from the graph, prices seem to be holding steady- maybe an indication that the market has hit bottom.
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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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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!!
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