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Maricopa County MLS (ARMLS) June Statistics

By
Real Estate Agent with HomeSmart International

This increase is pretty typical for us this time of year due it being our 'High Season.' 

Maricopa County held steady overall from May to June, increasing just a little bit from 5,633 closings to 5,695. 

Pending Transactions are up 24% from May, which will hopefully translate into more increases in closings for the month of July across the Valley.

 

Here are some highlights from other areas:

 

TOP SELLING MLS AREAS

    Area 313 moved to #1 (Surprise/El Mirage/ Youngtown) in the Top Selling MLS Areas chart with 293 closings at an average sale price of $185,065

        **Area 313 also ranked #8 in the FASTEST Selling MLS Areas chart at an average of 114 days on market  

    Area 318 dropped to #5 (Sun City/Sun City West) after a long run at #1

   

    Other MLS Areas that moved UP in the Top 10 rank include:

        Area 323 (West Side - Glendale/Phoenix) from #4 to #2

        Area 507 (SE Valley - Gilbert) from #6 to #3

        Area 403 (N. Phoenix/ Kierland) from #7 to #6

        Area 324 (West Side - Tolleson) from #10 to #7

 

SCOTTSDALE - Held steady from May to June, up a whopping 2 closings overall.  The following areas had the greatest increases:

    Area 406 (South Scottsdale) - UP 39%

    Area 401 (Cave Creek/ Carefree) - UP 26%

    Area 408 (N. Scottsdale) - UP 18%

    Area 403 (N. Phoenix/ Kierland) - UP 11%

 

CENTRAL CORRIDOR - Had the greatest improvement from May to June with an increase of 18%!  Every MLS area in the Central Corridor increased, here are the largest ones:

    Area 204 (101/Dunlap/I-17/16th St) - UP 44%

    Area 205 (Dunlap/I-10/43rd Ave/I-17) - UP 24%

    Area 208 (Salt River/South Mtn/43rd Ave/40th St) - UP 23%

    Area 207 (I-10/Salt River/43rd Ave/40th St) - UP 107%  **from 13 sales to 27 sales**

 

WEST SIDE - Held steady from May to June, up by 10 closings.  The following areas stood out for June:

    Area 313 (Surprise/El Mirage/Youngtown) - UP 24%

    Area 315 (S. Goodyear/S. Avondale) - UP 23%

    Area 324 (Tolleson) - UP 18%

    Area 323 (Glendale/Phoenix) - UP 17%

    Area 320 (E. Goodyear/Avondale) - UP 12%

    Area 325 (W. of South Mtn.) - UP 118% **from 11 sales to 24**

 

SOUTHEAST VALLEY - Held steady from May to June, down just slightly by 51 closings.  The following areas still had great months:

    Area 515 (Queen Creek) - UP 30%

    Area 507 (Gilbert) - UP 15%

    Area 511 (S. Gilbert) - UP 14%

 

Brought to you by Laurie Marlow over at Capital Title

Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com

Alex- I'm glad to see Gilbert picking up- it's very well priced right now.

Jul 23, 2008 05:23 AM