Monthly Market Watch for August 2011; Maricopa County and Metro Phoenix

8/4/2019 Monthly Market Watch for August 2011; Maricopa County and Metro Phoenix

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Provided by Stacie Kvanvig, Keller Williams Legacy One Realty Statistics from August 2011 MLS


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2000

4000

6000

8000

10000

Sep Oct Nov Dec Jan Feb Mar Apr May June July August

Total # of Closed Sales (36 month overview)


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Provided by Keller Williams LegacyOne Realty Statistics from February

2011 MLS

REO, SHORT SALE & NON-DISTRESSED SALES COMPARISON August 2011

REO SALESSHORT SALESNON-DISTRESSED SALES


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0

3000

6000

9000

12000

Sep Oct Nov Dec Jan Feb Mar Apr May June July August

Total # of Pending Sales (36 month overview)

9/08 to 8/099/09 to 8/109/10 to 8/11


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$125,000

$151,250

$177,500

$203,750

$230,000

Sep Oct Nov Dec Jan Feb Mar Apr May June July Aug

Average Sales Price (36 month overview)

9/08 to 8/099/09 to 8/109/10 to 8/11


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90

100

110

120

130

140


Average Days on Market (36 month overview)

9/08 to 8/09

9/09 to 8/109/10 to 8/11


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94.00%

95.00%

96.00%

97.00%

98.00%


Average List to Sales Price Ratio (36 month overview)

9/08 to 8/099/09 to 8/109/10 to 8/11


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2,000

3,500

5,000

6,500

8,000


Monthly Expired and Cancelled Listings (36 month over

9/08 to 8/099/09 to 8/109/10 to 8/11


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8000

9250

10500

11750

13000


New Listings (by month)

9/08 to 8/099/09 to 8/10

9/10 to 8/11


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17,000

27,750

38,500

49,250

60,000

Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

Active Listings in ARMLS (36 month Summary - Residential

9/08 to 8/099/09 to 8/109/10 to 8/11


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1.50

2.95

4.40

5.85

7.30

8.75

10.20

11.65

13.10

14.55

16.00

Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

Months of inventory (36 month overview)

9/08 to 8/099/09 to 8/109/10 to 8/11


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IMPORTANT INFORMATION:

Although these reports are beneficial in

understanding the general market in MaricopaCounty, it is essential that you meet with

your real estate professional to study these samefigures in your area, as statistics will vary from

neighborhood to neighborhood.

As you make decisions related to the purchase orsale of a home, it is important that you understandhow the current real estate trends will impact your

decisions. Your real estate professional is available tohelp you monitor and interpret them to make sure

that you are taking advantage of the current marketwhether you are selling OR buying.

Documents

Monthly Market Watch for August 2011; Maricopa County and Metro Phoenix