Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”. Foreclosures pending month-over-month showed a decrease of 3.2% while the year-over-year figure was down 26.3%.
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New inventory is UP 21.6% month-over-month and UP year-over-year by 6.7%.
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Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Sales prices are up 7.9% year-over-year on average while the year-over-year median is also up 6.6%.
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New average list prices are up 2.5% year-over-year.
The year-over-year median is up 4.0%.
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Of the 19,439 listings on the market as of March 31, 2017:
79.0% were Active
18.8% were UCB
2.2% were CCBS
Active = On the market - not under contract UCB = Under Contract - Accepting Backup Offers CCBS = Contract Contingent on Buyer Sale
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Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both (0 comments)
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Total inventory is down month-over-month by 0.6% and down year-over-year by 11.1%.
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Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Short sales dropped 27.4% year-over-year.
Lender owned sales dropped 10.2% year-over -year.
Distressed Sales accounted for 3.4% of total Sales, down from the previous month of 3.9%.
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Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Months supply of inventory for February 2017 at 3.85 with March at 2.70!
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Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Days on market decreased 3 days year-over- year while month- over-month saw an decrease of 5 days.
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Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Monthly sales are UP 41.7% month-over-month and UP 8.4% year-over-year.
Considering selling your Scottsdale home but not sure how to go about it?
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Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Sales prices are up 5.0% year-over-year on average while the year-over-year median is also up 4.9%.
Considering selling your Arizona home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Of the 19,987 listings on the market as of February 29, 2017:
80.7% were Active
17.5% were UCB
1.8% were CCBS
Active = On the market - not under contract UCB = Under Contract - Accepting Backup Offers CCBS = Contract Contingent on Buyer Sale
Considering selling your Arizona home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both (2 comments)
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Total inventory is up month-over-month by 1.7% and down year-over-year by 9.6%.
Considering selling your home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Short sales dropped 27.0% year-over-year.
Lender owned sales dropped 26.1% year-over -year.
Distressed Sales accounted for 3.9% of total Sales, up from the previous month of 3.5%.
Considering selling your Arizona home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Days on market decreased 2 days year-over- year while month- over-month saw an increase of 2 days.
Considering selling your home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2017 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2017”.
Monthly sales are UP 8.5% month-over-month and UP 12.5% year-over-year.
Considering selling your Scottsdale home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
As you can see from the "Marketwatch Report Q4-2016 - Arizona Regional Multiple Listing Service" metrics above:
Median Sales Price, Average Sales Price and Percentage of List Price Received are all UP for 4Q-2016 in Maricopa County compared to 4Q-2015 - a positive and encouraging trend!
Closed Sales were up significantly year over year - 14.3%.
Months Supply and Days on Market were DOWN.
All positive indicators for the Maricopa County Arizona real estate market! -----------------------------------------------------------------------------------------------------------------------------------------------------------------
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Permission is granted only to ARMLS® Subscribers for reproduction from 2016 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2016”.
Foreclosures pending month-over-month showed a decrease of 2.4% while the year-over-year figure was down 23.9%.
Considering selling your Scottsdale home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2016 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2016”.
New inventory is down 15.1% month-over-month and up year-over-year by 5.1%.
Considering selling your Scottsdale home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Permission is granted only to ARMLS® Subscribers for reproduction from 2016 ARMLS® STAT - with attribution to “ARMLS® COPYRIGHT 2016”.
A decrease is forecast for average sales price with median sales price in December dropping slightly as well.
Considering selling your Arizona home but not sure how to go about it?
Feel free to contact us for a free, no-obligation consultation so we can share with you our proven process that has resulted in the SALE of every listing we have taken, both Traditional and Short Sale since June 2011.
Scottsdale and Phoenix Arizona Real Estate Blog, presented by Tony and Suzanne Marriott of Haven Express @ Keller Williams Arizona Realty. Insightful commentary on the real estate market in Maricopa County, Arizona.