Phoenix & East Valley Real Estate Stats: June 2007

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by on July 2, 2007

Here are the Phoenix and East Valley real estate listings and sales stats for June…

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Data extracted from ARMLS – Arizona Regional Multiple Listing Service

The stats for May are available here for comparison. In short, listings are up (though less than we've seen in the past), Days on Market (DOM) are up, and sales are slightly lower for the metro area, but some East Valley cities showed a slight increase in sales over May.

[tags]Phoenix real estate, listings and sales stats[/tags]

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Filed Under: East Valley Real Estate, Listing & Sales Stats

About the Author
Jay Thompson

I'm a real estate broker in Phoenix, Arizona and the publisher of the Phoenix Real Estate Guy blog. I tend to drive too fast and scream at the University of Texas and Denver Broncos football teams. My two kids are smarter than most adults I know and my wife is simply amazing.

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Jay - The Phoenix Re

"I guess another way of looking at the charts would be that homes priced properly are the one selling."

That is an *incredibly* accurate statement Lon! Sorry, I never have gotten to a more detailed break out, but it's on ,my list for future stats posts...

As always, THANKS for visiting and commenting!

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Lon

Jay,

I guess another way of looking at the charts would be that homes priced properly are the one selling.

Lon

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Jay - The Phoenix Re

Interesting observation Lon. Give me a couple of days and I'll see if I can't break out some stats by price range..

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Lon

Jay,

Looking at the charts, I've noticed that the homes that sold in June have listing prices that are lower than those of the current listing prices. Their DOM is also lower too. Are the high end homes not selling in order for the averages to not match that much? I was under the impression that they have not been affected by the down turn as much.

Any insight is appreciated.

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Car, Insurance Phoen

This valley is and has been about as recession proof for real estate as you can get. That doesn't mean people are not struggling in this recent down turn though. But we still rank as one of the better housing markets.

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Jay - The Phoenix Re

"I guess another way of looking at the charts would be that homes priced properly are the one selling."

That is an *incredibly* accurate statement Lon! Sorry, I never have gotten to a more detailed break out, but it's on ,my list for future stats posts...

As always, THANKS for visiting and commenting!

share
  • spam
  • offensive
  • disagree
  • off topic
 Like
Lon

Jay,

I guess another way of looking at the charts would be that homes priced properly are the one selling.

Lon

share
  • spam
  • offensive
  • disagree
  • off topic
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Jay - The Phoenix Re

Interesting observation Lon. Give me a couple of days and I'll see if I can't break out some stats by price range..

share
  • spam
  • offensive
  • disagree
  • off topic
 Like
Lon

Jay,

Looking at the charts, I've noticed that the homes that sold in June have listing prices that are lower than those of the current listing prices. Their DOM is also lower too. Are the high end homes not selling in order for the averages to not match that much? I was under the impression that they have not been affected by the down turn as much.

Any insight is appreciated.

share
  • spam
  • offensive
  • disagree
  • off topic
 Like
Car, Insurance Phoen

This valley is and has been about as recession proof for real estate as you can get. That doesn't mean people are not struggling in this recent down turn though. But we still rank as one of the better housing markets.

share
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  • disagree
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More in East Valley Real Estate, Listing & Sales Stats (14 of 33 articles)

The ARMLS logo indicates a property listed by a real estate brokerage other than Thompson's Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Copyright 2012 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Data last updated 5/21/12 11:20 PM PDT.

This IDX solution is (c) Diverse Solutions 2012.