Median Sales Price: ARMLS
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Market Activity: ARMLS House Type
Market Activity: Tempe, AZ
Market Activity ARMLS
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Mid Month Pricing Update and Forecast
Mid Month Pricing Update and Forecast-Cromford Report
Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next 30 days.
For the monthly period ending May 15, we are currently recording ….Continue
Cash is still King, for Phoenix Metro
Since October of 2010 over 35% of homes purchased in the Phoenix Metro area were paid with Cash. This reinforces why buyers needing financing are loosing their bids for homes. Continue
Daily Observations Published by Cromford Report May 7th-13th
Daily Observations Published by Cromford Report May 7th-13th
May 13 – Trustee deeds have been recorded at relatively low levels for 2012 – only 9,574 for 2012 to date in Maricopa County. Compare this with the 21,107 in 2011 by May 13. Since the increase in notices mentioned yesterday started in February it makes sense to expect a noticeable increase in trustee…Continue
Median Sales Price up in South East Valley
Median Sales Price for South East Valley up from… Continue
Market Summary for the Beginning of May-Cromford Report
No relief is yet in sight for buyers as inventory continues to fall to even lower levels. Sales and pending counts are down due to the lack of enough supply to meet demand. With demand outstripping supply by a wide margin, prices continue to…Continue
Daily Observations Published by Cromford Report April 29-May 6
May 6 – There are now several areas within Greater Phoenix where the average sales price equals or exceeds the average final listing price. This is obviously a symptom of an extreme imbalance between supply and demand. For example, during… Continue