selling your home in phoenix: New Listings by Transaction Type Blows Away the Valley of the Sun
- 09/02/13 06:47 AM
New Listings by Transaction Type Blows Away the Valley of the Sun
New Listings by Transaction Type is an important method of determining where the Real Estate Market has been and where we can anticipate growth in the Metro Phoenix area. This chart is significant because at a glance, you are able to see the effect that each transaction type has and has had on the Phoenix Metro area over a 12-year period. This chart evidences a large amount of great information evidencing what the Metro Phoenix area has experienced and how each of the transaction types - HUD, REO … (14 comments)
|
selling your home in phoenix: Marketing Trends Shows HUGE Improvement for the Metro Phoenix Homes
- 08/26/13 07:17 AM
Marketing Trends Show HUGE Improvement for the Metro Phoenix Homes
The Monthly Median Sales Price is a key indicator of what the Real Estate Market in the Metro Phoenix area is truly experiencing, as the chart below indicates the median sales price for all homes that are sold in the Valley of the Sun. This means that every home sold in the Metro Phoenix area is combined and then the value of the home sold exactly in the middle of all the homes sold is the Monthly Median Sales Price. There can be a benefit to using the Monthly … (9 comments)
|
selling your home in phoenix: Phoenix Market Report - Home Sale Type Analysis - August 2013
- 08/24/13 02:45 AM
Phoenix Market Report - Home Sale Type Analysis - August 2013
The Phoenix Metro Area Listing Success Rate for mid-August 2013 is broken down monthly by transaction types - HUD, Normal, REO (Bank-owned), and Short-sale transactions specifically. These numbers indicate different focal points in the local Real Estate market showcased in the Metro Phoenix area - specifically regarding the transaction types. In the natural way that the Real Estate Market operates - especially in Metro Phoenix - we constantly see dips for different reasons such as holidays, school year schedule, weather or a variety of other factors.
Home … (6 comments)
|
selling your home in phoenix: Phoenix Market Trends - Trustee Deeds by Month as of July 16th, 2013
- 07/19/13 07:37 AM
Phoenix Market Trends - Trustee Deeds by Month as of July 16th, 2013
The Trustee Deeds by Month chart below is opposite of what we typically think when we see an informative chart. When we typically see a chart start in the upper left-hand corner of the chart and dive downward, we usually think that this is not a good reflection of the situation that chart represents. In this particular case, the chart reflects the Real Estate market conversely to atypical charts - meaning that the when the chart reflects the information at a higher amount, it is a … (0 comments)
|
selling your home in phoenix: Phoenix Market Trends - Monthly Average Sales Price/Sq Ft - July 2013
- 07/18/13 03:38 AM
Phoenix Market Trends -Monthly Average Sales Price/Sq Ft - July 2013
Metro Phoenix has been experiencing a steady increase with regard to the improvements of the Real Estate market valley wide. There has been consistent charting and trending of the market showing the growth of the Valley of the Sun as well as the prices increases that come with a growing economy. It is evident that the Metro Phoenix area has a lot of re-birthed areas where the current properties are not only selling, but the new housing market is starting to improve, as well. Not only are … (5 comments)
|
selling your home in phoenix: Phoenix Market Trend - Monthly Average Sales Price up 60%
- 07/17/13 02:25 AM
Phoenix Market Trend - Monthly Average Sales Price up 60%
As we have seen in the past with regard to the Monthly Average Sales Price, the Metro Phoenix area has seen significant improvements even just since January 2011. Based on the chart below, it is evidenced that in January 2011 the average sales price was at $165,595 - meaning that adding all of the totals of the homes that were sold in the Valley of the Sun, then divided by the number of homes that were sold in Metro Phoenix gave us this number that is definitely above average, … (5 comments)
|
selling your home in phoenix: Phoenix Market Trend - Sales per Month as of July 2013
- 07/14/13 07:07 AM
Phoenix Market Trend - Sales per Month as of July 2013
Each month, the number of sales that the Metro Phoenix Real Estate market experiences gives insight to the improvements that have been made or can be made from the previous year to capitalize on the current market situation and to continue the market moving in the upward direction. The number of homes that sell in an area, such as the Valley of the Sun, is an obvious but great indicator of the "state" of the market - which is typically a reflection of the bigger economic picture that the country is going … (8 comments)
|
selling your home in phoenix: Phoenix Market Trends - Active Listing Counts as of July 2013
- 07/11/13 04:58 AM
Phoenix Market Trends - Active Listing Counts as of July 2013
In the Real Estate world, the Active Listing Counts is a reliable source to determine the number of homes sold on a monthly basis. Not only does this factor give a breakdown of the number of homes sold within a month, but it also gives an idea of in what way the homes sold - which is a primary indicator of the Real Estate market and lends insight of the economy in the Metro Phoenix area. This particular chart breaks down whether a home was sold in a HUD … (12 comments)
|
selling your home in phoenix: Phoenix Market Trends - Active Listings Count as of Mid-June 2013
- 06/19/13 10:09 AM
Phoenix Market Trends - Active Listings Count as of Mid-June 2013
The Active Listings Counts is an indicator of the homes that are for sale on the market at any particular given time. This market indicator allows for professionals in the Real Estate market to judge the rate at which homes are selling (or not selling, as can often be the case in a depressed economy). One of the key factors about this particular indicator is that it allows the professional community in the Real Estate market to not only identify specifics about how much time a house stays on … (3 comments)
|
selling your home in phoenix: Phoenix Market Trend - Monthly Median Sales Price for June 13. 2013
- 06/19/13 01:17 AM
Phoenix Market Trend - Monthly Median Sales Price for June 13. 2013
The Monthly Median Sales Price is a consistent thermometer of the Real Estate market throughout the Metro Phoenix area with regard to sales of homes. The Monthly Median Sales Price can be a preferred measure of Real Estate values when a homeowner and their agents are looking to bump up the price just a bit. This particular method of evaluating a the current condition of the Metro Phoenix Real Estate market uses a bit of a different approach. When determining the Monthly Median Sales Price, the median approach … (4 comments)
|
selling your home in phoenix: Phoenix Market Trends - Listing Success Rate as of Mid-June 2013
- 06/17/13 09:36 AM
Phoenix Market Trends - Listing Success Rate as of Mid-June 2013
The Listing Success Rate is a great tool to understand the current state of the Real Estate market in general. This particular indicator gives a lot of specific insight to the transactional type of each home on the market - HUD properties, Normal properties, REO (Bank-owned) properties, and Short-sale properties are all included in this perspective.
Reviewing the chart below, there are higher percentages of Listing Success Rates for HUD and REO (Bank-owned) properties. There are a few reasons as to why this is the case: first, these … (5 comments)
|
selling your home in phoenix: Phoenix Market Trends - Monthly Average Sales/Sq Ft - Mid-June 2013
- 06/17/13 07:01 AM
Phoenix Market Trends - Monthly Average Sales/Sq Ft - Mid-June 2013
The research has been indicating that the current Real Estate market in the Metro Phoenix area has shown significant improvements over the past few months - even consistently over the past couple of years. There are probably many factors that can account for this improvements - more jobs/less unemployment, people are coming out of the 7-year foreclosure shadow and are able to repurchase a home at a reasonable rate, and people are moving into our ever-growing Valley of the Sun. Whatever the reason, the Phoenix Real Estate market is … (2 comments)
|
selling your home in phoenix: Phoenix Market Trend - Trustee Deeds by Month through May 2013
- 06/14/13 02:47 AM
Phoenix Market Trend - Trustee Deeds by Month through May 2013
This particular factor reflects differently in its evidence of the Real Estate market and the impact of Trustee Deeds by Month. Trustee Deeds by Month are actually a great indicator of the stability of the market at any given time. Typically, regarding this particular information, the higher the number of Trustee Deeds by Month indicates a worse situation in the Metro Phoenix area market. The converse is also true - when a smaller number is reflected in this respect, the better or more stable the Real Estate market is. … (0 comments)
|
selling your home in phoenix: Phoenix Market Trend - New Listings By Month through May 2013
- 06/09/13 09:33 AM
Phoenix Market Trend - New Listings By Month through May 2013
New Listings By Month are definitely an indicator of the Real Estate market being a "Buyers" or "Sellers" market. With more homes to choose from, the market swings to a "Buyers" market; and, conversely when there are less homes to choose from, the "Sellers" have the advantage in that type of Real Estate market. Homeowners have gone through several strains and victories when it comes to the Metro Phoenix Real Estate market - especially with regard to new listings. The true test of a Real Estate market is to not … (8 comments)
|
selling your home in phoenix: Phoenix Down 74.2% - Notice of Trustee Sale April 2011 to April 2013
- 05/05/13 07:19 AM
Phoenix Down 74.2% - Notice of Trustee Sale April 2011 to April 2013
Notice of Trustee Sale is the process of a home's sellng through a foreclosure, which is indicative of a homeowners bad financial situation. Based off of the previous 2 years of recovery that the US market underwent, but more specifically, the form of recovery that the Metro Phoenix area has experienced. The chart evidences a positive upward trend with regards to the number of Notice of Trustee Sale that are in process compared to the previous years. The recovery period is not usually as progressive, typically - however, with the vast ammenities that … (7 comments)
|
selling your home in phoenix: Phoenix Market Trends - Sales Month to Date by Transaction Type
- 05/03/13 09:52 AM
Phoenix Market Trends - Sales Month to Date by Transaction Type
The Real Estate Market in Metro Phoenix is constantly changing and has shown a lot of improvements over the previous years. Especially considering the tumultuous roller coaster that has been the US Real Estate market, the Valley of the Sun has definitely experienced positive momentum.
The Sales Month to Date by Transaction Type allows insight to where the market is specifically with regard to the situations in which the Sellers are selling their homes - either by Normal transactions, HUD transactions, REO (Bank-owned) transactions, or Short-sale transactions.
Obviously, … (8 comments)
|
selling your home in phoenix: Phoenix Market Trends - Monthly Average Sales/Sq Ft as of May 1, 2013
- 05/02/13 06:59 AM
Phoenix Market Trends - Monthly Average Sales/Sq Ft as of May 1, 2013
The Monthly Average Sales Price per Square Foot is a great indicator of the actual price of home, as this particular formula puts every home on the market on the same playing field. This is total money of what a home sold for divided the square footage of the house; then adding all of the total quotients of all the homes sold during a specified time frame divided by the number of homes that sold in that time period gives the average per square foot. Then by the … (8 comments)
|
selling your home in phoenix: Phoenix Market Trends - Notice of Trustee Sale by Month as of Feb 2013
- 03/05/13 12:17 AM
Phoenix Market Trends - Notice of Trustee Sale by Month as of Feb 2013
The Notice of Trustee Sale by Month is a significant "sign of the times" in the Real Estate Market - especially, in the Metro Phoenix area. This is mainly because it is such a heavy indicator of how our economy is doing. As experts knows, when times are bad - we see a lot of people lose their homes and the things that are important with regard to maintaining their personal/family life. With the steady but stabilizing upswing that the Metro Phoenix area has been experiencing, the … (4 comments)
|
selling your home in phoenix: Phoenix Market Trends - Monthly Average Sales Price February 2013
- 03/03/13 12:01 AM
Phoenix Market Trends - Monthly Average Sales Price February 2013
The Monthly Average Sales Price is a significant indicator in establishing where the Real Estate market in Metro Phoenix sits. These values allow for the market to grow and improve. As each home is sold in the Valley of the Sun, the Monthly Average Sales Price bumps up making a small difference daily, but a significant difference over time. However, as the chart below evidences, Metro Phoenix has seen dramatic improvements from one year to the next. As more people are able to move forward from the economic downturn, there are … (8 comments)
|
selling your home in phoenix: Phoenix Market Trends - Monthly Median Sales Price - January 2013
- 02/23/13 07:59 AM
Phoenix Market Trends - Monthly Median Sales Price - January 2013
The Monthly Median Sales Price is a consistent indicator in the Real Estate Market. This is especially true in the Valley of the Sun. When the economy is right-side up in the Metro Phoenix area, the Monthly Median Sales Price can evidence the actual position of the market at that time. For example, it not only shows the trends from the months previous, but it also can give insight to the possibilities of the current month, as well as give insight to upcoming months that either have or lack … (6 comments)
|
New Listings by Transaction Type Blows Away the Valley of the Sun
;)
;)
;)
