Market Report For Arizona, September 2015 (Part 1)
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Market Summary
Residential, September 2015
| Summary Statistics | ||||||
| Sep-15 | Sep-14 | % Chg | 2015 YTD | 2014 YTD | % Chg | |
| Absorption Rate | 3.25 | 4.11 | -20.92 | 3.63 | 4.16 | -12.74 |
| Average List Price | $453,735 | $390,184 | 16.29 | $341,370 | $315,265 | 8.28 |
| Median List Price | $289,000 | $241,493 | 19.67 | $234,900 | $215,000 | 9.26 |
| Average Sale Price | $259,362 | $246,114 | 5.38 | $262,734 | $249,324 | 5.38 |
| Median Sale Price | $212,000 | $194,500 | 9.00 | $207,500 | $192,000 | 8.07 |
| Average CDOM | 71 | 84 | -15.48 | N/A | N/A | N/A |
| Median CDOM | 42 | 55 | -23.64 | 47 | 53 | -11.32 |
| Sold Listings | ||||||
| This Month | Year to Date | |||||
| 2015 | 2014 | % Chg | 2015 | 2014 | % Chg | |
| 0-29,999 | 13 | 28 | -53.6 | 185 | 275 | -32.7 |
| 30,000-39,999 | 26 | 39 | -33.3 | 315 | 437 | -27.9 |
| 40,000-49,999 | 54 | 42 | 28.6 | 461 | 510 | -9.6 |
| 50,000-59,999 | 48 | 59 | -18.6 | 522 | 707 | -26.2 |
| 60,000-69,999 | 69 | 98 | -29.6 | 708 | 889 | -20.4 |
| 70,000-79,999 | 79 | 130 | -39.2 | 838 | 1126 | -25.6 |
| 80,000-89,999 | 97 | 115 | -15.7 | 1036 | 1199 | -13.6 |
| 90,000-99,999 | 123 | 119 | 3.4 | 1123 | 1251 | -10.2 |
| 100,000-119,999 | 267 | 338 | -21.0 | 2944 | 3486 | -15.5 |
| 120,000-139,999 | 469 | 567 | -17.3 | 5166 | 5472 | -5.6 |
| 140,000-159,999 | 634 | 612 | 3.6 | 6119 | 5824 | 5.1 |
| 160,000-179,999 | 704 | 598 | 17.7 | 6257 | 5400 | 15.9 |
| 180,000-199,999 | 592 | 519 | 14.1 | 5434 | 4459 | 21.9 |
| 200,000-249,999 | 1185 | 986 | 20.2 | 10758 | 8720 | 23.4 |
| 250,000-299,999 | 864 | 654 | 32.1 | 7596 | 6011 | 26.4 |
| 300,000-399,999 | 884 | 706 | 25.2 | 8083 | 6324 | 27.8 |
| 400,000-499,999 | 380 | 304 | 25.0 | 3511 | 2785 | 26.1 |
| 500,000-549,999 | 110 | 60 | 83.3 | 932 | 768 | 21.4 |
| 550,000-749,999 | 203 | 140 | 45.0 | 1868 | 1625 | 15.0 |
| 750,000-999,999 | 112 | 73 | 53.4 | 960 | 755 | 27.2 |
| 1,000,000-1,249,999 | 26 | 19 | 36.8 | 323 | 299 | 8.0 |
| 1,250,000-1,499,999 | 16 | 12 | 33.3 | 207 | 182 | 13.7 |
| 1,500,000-1,999,999 | 17 | 23 | -26.1 | 213 | 194 | 9.8 |
| 2,000,000-2,999,999 | 9 | 7 | 28.6 | 134 | 122 | 9.8 |
| 3,000,000+ | 1 | 9 | -88.9 | 74 | 62 | 19.4 |
| Totals | 6982 | 6257 | 11.6 | 65767 | 58882 | 11.7 |
| Pending Listings | ||||||
| This Month | Year to Date | |||||
| 2015 | 2014 | % Chg | 2015 | 2014 | % Chg | |
| 0-29,999 | 10 | 18 | -44.4 | 145 | 215 | -32.6 |
| 30,000-39,999 | 21 | 30 | -30.0 | 297 | 412 | -27.9 |
| 40,000-49,999 | 44 | 63 | -30.2 | 430 | 528 | -18.6 |
| 50,000-59,999 | 54 | 61 | -11.5 | 519 | 680 | -23.7 |
| 60,000-69,999 | 63 | 77 | -18.2 | 701 | 846 | -17.1 |
| 70,000-79,999 | 60 | 95 | -36.8 | 820 | 1078 | -23.9 |
| 80,000-89,999 | 67 | 121 | -44.6 | 978 | 1270 | -23.0 |
| 90,000-99,999 | 90 | 136 | -33.8 | 1154 | 1298 | -11.1 |
| 100,000-119,999 | 196 | 297 | -34.0 | 2741 | 3365 | -18.5 |
| 120,000-139,999 | 370 | 527 | -29.8 | 5157 | 5659 | -8.9 |
| 140,000-159,999 | 448 | 543 | -17.5 | 6050 | 5935 | 1.9 |
| 160,000-179,999 | 505 | 535 | -5.6 | 6452 | 5495 | 17.4 |
| 180,000-199,999 | 424 | 469 | -9.6 | 5570 | 4752 | 17.2 |
| 200,000-249,999 | 811 | 865 | -6.2 | 10956 | 9078 | 20.7 |
| 250,000-299,999 | 564 | 660 | -14.5 | 7707 | 6433 | 19.8 |
| 300,000-399,999 | 614 | 665 | -7.7 | 8440 | 6734 | 25.3 |
| 400,000-499,999 | 248 | 284 | -12.7 | 3643 | 3026 | 20.4 |
| 500,000-549,999 | 62 | 64 | -3.1 | 929 | 712 | 30.5 |
| 550,000-749,999 | 139 | 169 | -17.8 | 1960 | 1846 | 6.2 |
| 750,000-999,999 | 57 | 88 | -35.2 | 1035 | 819 | 26.4 |
| 1,000,000-1,249,999 | 20 | 19 | 5.3 | 297 | 261 | 13.8 |
| 1,250,000-1,499,999 | 14 | 26 | -46.2 | 263 | 250 | 5.2 |
| 1,500,000-1,999,999 | 14 | 19 | -26.3 | 220 | 204 | 7.8 |
| 2,000,000-2,999,999 | 7 | 17 | -58.8 | 153 | 150 | 2.0 |
| 3,000,000+ | 4 | 9 | -55.6 | 81 | 68 | 19.1 |
| Totals | 4906 | 5857 | -16.2 | 66698 | 61114 | 9.1 |
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