Buy or Sell Homes in South East Valley of Arizona

Report overview: This report includes MLS data for the past 36 months in Maricopa County only as provided by the FlexMLS system. Please note that searches fluctuate daily when running these reports; these figures were obtained on 7/4/13 .   A reminder that you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying – blended statistics will not be as accurate as a more detailed report that your real estate professional can provide to help you with your decision making. Click HERE to view full market report!

Below is the my Real Estate Market Update compiled from Michael Orr’s ASU Monthly Housing Report, ARMLS STAT and The Arizona Republic. This data is typically 45 days behind current market conditions.  I hope you find this data and information valuable! June Stats from ARMLS ·         New Listings in June fell by 6% to 9,246 from the prior month. Year over year we are down .3% ·         Inventory:  T otal inventory declined again 1.1% to 19,511 in June… Months supply of inventory is 2.37 ·         As of July 11 th … ARMLS showed 15,725 active listings with 3,786 UCB listings…30,000 active listings is considered normal! ·         Home Sales: June sales decreased 12.8% to 8,228 from May. Year over year we are plus 1.2% ·         June’s median new list price remained flat at $199,...

Confidence in housing market spikes By Teke Wiggin In May, Americans got a lot more optimistic about the housing market. Both the share of Americans who believe now is a good time to sell and the share of Americans who think now is a good time to buy rose sharply from April to May, with widespread reports of rising home prices, according to Fannie Mae. Read more, click HERE! To view full newsletter, click HERE.