A regular visitor to our Phoenix real estate stats page, we’ll call him “Glenn”, likes to keep me on the straight and narrow. I often fall woefully behind in updating the stats page on the website. Thanks Glenn for the reminders!!
One report that Glenn looks for is the quarterly “Economic and Market Watch Report” issued by the Arizona Regional Multiple Listing Service (ARMLS). Unfortunately it takes them 6 - 8 weeks from the quarter end to post this report. Combine that delay with my own delay in posting it and you get folks jonesing for their stats fix.
This report contains a ton of information, breaking down quarterly prices, sales, days on market and more by zip code, for all of Maricopa and Pinal counties. It also contains commentary from the National Association of Realtors (NAR) Chief Economist Lawrence Yun — for what that is worth.
Monthly indicators, trends and forecasts are also included.
The current Q3 2007 report is available for download here. (PDF format. Big file, be patient.)
If you are interested in previous reports, go here. At some point, I’d love to go back through old quarterly reports and evaluate how accurate ARMLS forecasts have been. It could be an interesting exercise…
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Technorati Tags: Phoenix real estate market stats, ARMLS
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