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8/2/2019 03_12_12 Exec Summary [SF]_85085
1/1
7 13636
903.0 6
3.0
5
94
4.0 22
98
2
3
not available
8
$ 202,000
2
6
23
3.5
not available
53.0
1782 not available
22
$ 139,000
5.0
118
not available$ 292,000
4.0$ 392,950
7
2
2970
Recently prices in this zip have settled at a plateau even ththey dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly movefrom these levels.
Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.
The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-termoutlook for the market.
PHOENIX, AZ 85085Kelli Grant RealtyGroup Market ReportExecutive Summary
22
2412
2.0
Monday March 12, 2012
The median list price in PHOENIX, AZ 85085 this week is $249,000.
Investigate the market in quartwhere each quartile is 25% of hordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Kelli Grant Group | www.PhoenixHomeResource.com
No change Strong upward trend Strong downward t
Slight upward trend Slight downward tr
+ ==
=
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC
Single Family Homes
Median Lot Size
22.8
Percent Relisted (reset DOM)
2654
3.0
7 %
Median Number of Bathrooms
100
Median List Price
Average Days on Market (DOM)
$ 90
Percent Flip (price increased)
not available
Median House Size (sq ft)
$ 249,000
30 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
n/a
Percent of Properties with Price Decrease
Strong Buyer's
+
+
==
ttom/Fourth
Lower/Third
pper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Tren
Price
Price T
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
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