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From the category archives:

Statistics

Phoenix Real Estate: Did We Hit The Bottom Of The Market?

by bficker on October 27, 2009


It takes balls to call the bottom of any market. I think that there are too many homes facing foreclosure, too many Alt-A loans resetting, too much unemployment, etc. to be confident on where the bottom is. h/t to @timandjulie for the video.

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Phoenix Real Estate Statistics October 22nd 2009

October 23, 2009
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Here are some of the latest numbers for the Phoenix real estate market. For definitions please check out our Statistic Definitions & Explanations page.
Here is what stood out to me:

The total number of active listings is up for the month and the quarter, but WAY less then this time last year
At the same time [...]

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Short Sales In Phoenix: Snapshot of Short Sale Statistics October 17 2009

October 18, 2009
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I am telling this to everybody I know. If you want to get your home sold, price it where the homes that are selling are priced. For Short Sales in Phoenix, the homes that are selling are priced at ~$87 a square foot. The ones that are listed? ~$97 per square foot. [...]

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Phoenix Short Sale Snapshot: October 11th 2009

October 11, 2009
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Phoenix Short Sale Listings Are Up
Over the last month, short sale listings increased by 3.7% while there was a 14.1% increase from the same time last year.
The good news is that the number of sales are up 30.2% from a year ago.  So the net effect is better, but that may only be because there [...]

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Phoenix Real Estate Market Distress October 7th 2009

October 8, 2009
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Look at the difference between the normal active listing asking price (~$193 per square foot) and the sales price (~$112). The numbers are probably skewed for one reason: The high priced homes are not selling. They are probably the reason the numbers are so high on the active listing side, and the homes [...]

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Phoenix Short Sales: Listings Up, DOM Up, Success Rate Up

July 16, 2009
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Well it looks like the number of Short Sale listings in Phoenix is up over last month and over last quarter. Not by much, but still up. While the number of actives went up only 100ish units over last month, the number of Pending listings went up by 500 units, and the number of Sold short sale listings went up 200 units over last month.

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Statistic Definitions And Explanations

June 18, 2009

Explanation of Terms Used in Snapshots
Active List Price $/SF Premium is the percentage by which the average list price per square foot for active listings exceeds the average sale price per square foot for homes sold This Month.
Active Listings means the number of MLS listings marked active or active with a contingent offer on the [...]

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