Arizona Market Statistics

Phoenix Home Sales By the Numbers – August 2015

By looking at the Phoenix numbers from June through August, we only hope summer will be over soon. Sales have continued to decline every month this summer. August seemed to be the worst for home sales. July was down 8% over June and August sales were down 12% over July. Active listings dropped 2% in […]

Phoenix Home Sales By the Numbers – July 2015

The temperatures are rising but not home prices. This is wonderful news for buyers. On the national level, you will hear about home prices continuing to climb but this isn’t the case in Arizona. The not-so-good news is the housing market continues to be sluggish, as inventory, sales and prices continue to teeter-totter back and […]

Phoenix Home Sales By the Numbers – June 2015

There is good news in that home sales were up 3% over May. This accounted for 8,442 unit sales as compared to 8,160 for the previous month. The “not so good” news is the Phoenix inventory was down again by 4%, totaling nearly 10% over the past two months. This places the current homes for […]

Phoenix Home Sales By the Numbers – May 2015

The housing market in metro Phoenix tends to slow down once temperatures start to reach triple digits. May has been unusually cool for the area but the market is already on the downturn. April was a good month for home sales but May was fairly flat in sales and decreased considerably for new homes placed […]

Phoenix Home Sales By the Numbers – April 2015

No matter what you hear, good or bad, about the Phoenix real estate market, it still continues its “yo-yo” effect. April improved in homes listed for sale and sales for the month, but all other sales criteria were fairly dismal. After inventory homes decreased in March 12%, they gained 4% back in April. Homes sold […]

Phoenix Home Sales By the Numbers – March 2015

March continued with the recent trend of promising home sale numbers. One concern we will have to monitor is the active home inventory. It continues to decline, thus supporting one of the main reasons why prices continue to rise. Inventory decreased 12% over February to 19,670 active homes on the market. Sales increased 19% for […]

Phoenix Home Sales By the Numbers – February 2015

Compared to last month, February home sales looked a lot more promising. Although January produced no excitement in the housing market, February ended with a bang. The information below will let you know why February did so well and provide reasons why we are hopeful for 2015. The inventory has been weak as of late […]

Phoenix Home Sales By the Numbers – January 2015

Well, 2015 is here! We keep hearing the market will improve this year over last. Let’s hope January is not an indication of this improving housing market. Here is a closer look at the housing numbers for January 2015: As expected, the number of listings for January was up 4% to 21,159. This compares to […]

Tucson Home Sales By the Numbers – December 2014

We have been reporting the Tucson housing statistics for the past several years. It has been apparent, due to the slow housing recovery, that these sale numbers have changed very little over the past 4 or 5 years. Even though the numbers have been a little better year after year, there has been no substantial […]

Phoenix Home Sales By the Numbers – December 2014

Although sales for December looked promising, we cannot come to the conclusion that the Phoenix housing market is getting stronger. Below are some of the reasons why the numbers looked attractive for December 2014. Sellers do not want to be bothered over the holidays with buyer traffic, so they decide not to put their home […]