Phoenix Real Estate Market Report-March 2012-Can You Say "Sellers Market"?

Real Estate Broker/Owner with Summit Home Consultants

Total sales for March increased by 1,620, which represents a 22.3% increase over February.  At the present time, there are only 11,202 homes that are currently active on the market in Maricopa County, which has approximately 1.4 million homes.  Just 30 days ago, we had over 15,000 homes that were actively listed for sale. The bottom line is that we have a SERIOUS supply problem in today's market.  This lack of supply is hurting the overall number of sales metric, but is helping the market in many other ways, which I will go over in this months report.

ARMLS recently released the numbers for March/2012 in their monthly STAT Report, and the results are very positive.  Here is a breakdown of what happened in March in the Metro Phoenix Real Estate Market:


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Arizona Maricopa County
phoenix real estate report
phoenix real estate market reportmarch 2012
phoenix homes report

Spam prevention
Show All Comments
Stephanie Anson
Secure Investments Realty - Gainesville, FL
Estates | Homes | Land | Investments

Bob, great report. Thanks for always sharing the latest information on your market, other Phoenix short sale agents would do well to follow your lead!

Apr 10, 2012 10:52 AM #1
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Bob,

Another good report. I enjoy reading these posts from you because they're always so clear and easy to understand. Keep sharing and keep up the great work as a top Phoenix short sale agent!

Apr 11, 2012 11:07 AM #2
Kim & Kristine Halverson
Compass - Santa Monica, CA
Sisters, Realtors

Another Impressive report here Bob.Always kind to share with us the latest update.No wonder why you're the best Phoenix Short Sale Agent. 

Apr 19, 2012 05:50 AM #3
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Hello Bob,I'm enjoying reading up your marketing Reports. Informative clean and straight to the point. You are truly one of Phoenix  short sale agents finest! Thanks for these reports.

Apr 25, 2012 04:04 AM #4
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Excellent report here,definitely easy to understand and informative.Stay the best Phoenix Short Sale Agent.

May 02, 2012 04:45 AM #5
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Bob Hertzog

Designated Broker
Ask me a question
Spam prevention

Additional Information