Market Analysis & Stats

a Tale of Two Markets

Market Analysis & Stats

Viewpoint 09/13/2011 a Tale of Two Markets I haven’t written many Viewpoints this year.  Not because I’m not following the market, and not because I don’t enjoy writing, but because there haven’t been many changes to write about.  We’re already in September, and I haven’t seen anything this year which is different from what I’ve [...]

13 September 2011 Read the full article →

Desert Ridge Market Update

Market Analysis & Stats

The Desert Ridge area is located in the far North Central section of Phoenix, and covers several new-ish neighborhoods just north of the Loop 101 freeway, between Scottsdale Road and Cave Creek Road. Most housing in the Desert Ridge area was built between the mid 1990s and the early 2000s.  Almost all housing is wood [...]

30 August 2011 Read the full article →

July 2011 Foreclosure Stats with maps

Market Analysis & Stats

Let me first get something off my chest – I HATE being the bearish guy.  I’d much rather be the optimistic, glass is half full, light at the end of the tunnel guy.  But I’ve been reading some local blogs, and even a national article or two, telling me Arizona is at the bottom and [...]

25 August 2011 Read the full article →

How many REOs are selling in metro Phoenix?

Market Analysis & Stats

From our own local God of Statistics, Mike Orr of CromfordReport.com, a breakdown of the market share of each type of home, as of August 16, 2011. REO sales across Greater Phoenix (all types) averaged $59.26 per sq. ft. (down 0.9% from July 16). They gained market share, moving from 43.9% to 44.2%. Pre-foreclosures and short [...]

24 August 2011 Read the full article →

Distressed Activity by Month – July 2011

Market Analysis & Stats

It looks like a downward trend is starting to appear.  It requires looking at the big picture – the last couple of years – and the descent is not nearly as steep as we’d like to see, but at least it’s heading in the right direction.  More thoughts after the charts… (Click on any chart [...]

23 August 2011 Read the full article →

Moon Valley market update, August 2011

Market Analysis & Stats

Moon Valley is located in North Central Phoenix, and covers the mature neighborhoods between Thunderbird Road and Bell Road, and between 7th Street and about 15th Avenue. Homes for Sale/Sold in Moon Valley Active Listings: 11 homes (view these homes) AWC Listings: no homes (what is AWC?) Pending Listings: 3 homes Sold Listings, past 90 [...]

22 August 2011 Read the full article →

Maricopa County Sales Charts – July 2011

Market Analysis & Stats

Here’s a look at the recent trends county-wide.  I’m pulling a rolling 13-month history so we can see the last year’s trends plus a comparison of this month to the same month last year. My comments below chars. Specific Zip Code reports are now available!  If you’d like to see how the sales activity in [...]

15 August 2011 Read the full article →

Scottsdale home values, 2006 to 2011

Market Analysis & Stats

We’re busy here at The Phoenix Agents, so today’s post is short and sweet. This is a chart that shows annual median home sales prices in Scottsdale in 2006 (red line) and to date in 2011 (pink line). In 2006, Scottsdale homes started the year at $575,000 (far left of red line) and finished the [...]

6 August 2011 Read the full article →

Are the ‘assessed value’ and market value related?

Market Analysis & Stats

In short, the answer to this question is “no”. Disclaimer: this answer applies to metro Phoenix, Arizona in the year 2011, where I work as a full-time Realtor. If you’re reading this long after publication or from another location, please consult a professional in your area. In other words, I am a Realtor but I [...]

27 July 2011 Read the full article →

Desert Ridge Area – Market Snapshot

Market Analysis & Stats

Today I thought I’d pull some numbers, charts & graphs for the Desert Ridge area, to see where the activity really is. Overall Activity # of Sales, 1/1/11 – 6/30/11:  404 # of Current Listings:  253 Months’ Inventory:  3.75 Overall it looks like homes are selling at a brisk pace; 3.75 months’ inventory is generally [...]

19 July 2011 Read the full article →

Maricopa County Sales Charts – June 2011

Market Analysis & Stats

Here’s a look at the recent trends county-wide.  I’m pulling a rolling 13-month history so we can see the last year’s trends plus a comparison of this month to the same month last year. These charts are showing trends which are more obvious than I’ve seen in awhile: First of all, the number of sales [...]

11 July 2011 Read the full article →