I love this new feature that the Arizona Regiona Multiple Listing Service has for the weekly lockbox activity in the valley! A chart that tells us how many lockbox openings there are closely correlates with the sales activity throughout the year. This time of year our openings and sales are at their typical lowest. Holidays and travel, family and business social events, end-of-year business wrap up, school functions are just some of the things that contribute to the lower showing activity. The weather is UNBEATABLE here now with temperatures in the 60's and 70's, so I'm quite sure that's not the reason for the lower activity like in some other parts of the country.
HERE'S A CHART SHOWING THE NUMBER OF LOCKBOX OPENINGS THROUGHOUT THE VALLEY
THE PHOTO BELOW SHOWS THE VALLEY'S HOT SPOTS FOR ACTIVITY
But don't worry, things will be heating up soon on the showing activity and sales activity side! Zip code 85255 in North Scottsdale, where I love and primarily work, has the most activity recently. A large part of that could be due to the seasonal rentals that are being shown, as snowbirds start to make their way down for the winter and lock down on a temporary winter home. I have a seasonal listing in Grayhawk - the month of February is rented at $3800 and it looks like March will be soon, too, with both parties being from Chicago.
THIS CHART DEPICTS THE HOMES SOLD IN SCOTTSDALE ZIP CODE 85255