Real estate blog entries tagged with trends by Gene Urban (The Urban Team at Realty Executives)

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Home : Blogs : Gene Urban : Gene Urban's Blog : Tag "trends"

trends: REAL ESTATE TRENDS IN PHOENIX ARIZONA - 07/03/08 02:06 PM

Numbers and statistics are an important part of understanding the Phoenix, Arizona real estate market. We spend a lot of time crunching the digits to gain some sense of understanding.
Some of the areas we study are days on market, asking verses actual sales price, average price and more. The relationship between these different market stats can tell much.
The graph below looks at all of Phoenix and plots the days on market (DOM) against the sales price verses asking price ratio (S/A Ratio). What we see in this analysis is quite telling.
A year ago, just before the sub-prime news … (3 comments)

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Gene Urban

Phoenix, AZ

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