18
Feb
2006
Posted by Jay - The Phoenix Real Estate Guy as Arizona, Buying Real Estate, Listing & Sales Stats, Market Conditions, Real Estate, Real Estate Investing, Selling Real Estate
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Here’s the latest Phoenix area listing and home sales stats:
Current active MLS listings: 31,071 (Jan 2005 = 3,402!!)
Current pending (in escrow) listings: 7,920
Current AWC (Active With Contingencies) listings: 1,214 (What does AWC mean?)
Listings expired in Jan 2006: 1,563
Transactions closed in December 2005: 6,525
Transactions closed in January 2006: 5,256
January 2006 Sales Prices:
? Median sales price: $255,000 (Dec 05 = $255,000)
? Average sales price: $337,300 (Dec 05 = $329,100)
January Average Days on Market (DOM):
? Single Family Homes: 49.1 days (Dec 05 = 42.8, Jan 05 = 5.5!!)
? Condos: 39.2 days (Dec 05 = 27.3)
If you’d like to see more detailed homes sales statistics, including sales by month for Jan 2004 - Jan 2006 and recent sales by zip code, please visit our main site’s Phoenix Homes Sales Statistics Page!
(Data extracted from ARMLS - Arizona Regional Multiple Listing Service)
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One Response
On Chicken Little, Booming & Crashing, Insanity and Herd-minded Snakes at The Phoenix Real Estate Guy
October 26th, 2006 at 9:51 am
1[...] My quarterly reviews are a year behind: Correct again. I’ll get a new one up someday (though it will be in a completely different format). It’s been on my to do list for, oh about a year. You wonder how I have the time to update the blog so regularly and not them? In many ways, the website quarterly reports have been replaced by regular blog posts on market stats. I actually made a conscious decision to put less of my personal opinion (”Spin” to use your term) into the quarterly reports and just reports the facts on this blog and my site–so people can form their own opinion. I frequently provide basic market stats on this blog here, here, here, here, here, here, here, here, here, here. (I probably missed a couple.) I also provide listings and sales stats on the website. This page has monthly listings, sales, and days on market data for all of 2004, 2005, and 2006 to date, in addition to yearly summaries from 2002 - 2005. You may also be interested in the 2006 quarterly reports on the stats page. I didn’t write them, but they do contain some interesting sales/listings stats.I think I provide my site and blog visitors with plenty of data to form their own opinions. I’m not sure they need my little quarterly summaries any more. [...]
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