Tucson Home Sales By the Numbers – August 2014

The Tucson home inventory and home sales were down again for August. Inventory decreased 1% to 5,344 units. Home sales also were down 4% to 1,031 units. Keep in mind we do not include mobile or manufactured homes in our analysis. Distressed properties accounted for 9% of total active listings and 18% of units sold. […]

Phoenix Home Sales By the Numbers – August 2014

As the end of summer nears, we all look forward to cooler temperatures. Sales and home inventory declined again for the 5th month in a row. On the optimistic side of this market lull, home sale prices remain in check. Active listings were down 3% for August and sales tumbled 6%. Home sale prices were […]

Tucson Home Sales By the Numbers – July 2014

Tucson home sales always seem to follow the same pattern as the Phoenix area. Active listings were down 3% over June and unit sales were down 9%. This wiped out the gain in sales during June where we saw a 7% increase in total unit sales. The number of active listings sits at 5,407. This, […]

Phoenix Home Sales By the Numbers – July 2014

The total sales and active listings were down in July as expected. There has been a consecutive decline now for 4 months. The good news for buyers is list prices are down from June 2% to an average of $261,190. The average sales price was also down 2% to an adjusted $253,329. Why is this […]

Tucson Home Sales By the Numbers – June 2014

There wasn’t much change in the housing numbers for Tucson from May to June. Inventory decreased by 2%. This was the third decrease in as many months. Total unit sales were a different story. We saw a healthy jump in home sales by 7%. Because the demand increased, this also caused the average sales price […]

Phoenix Home Sales By the Numbers – June 2014

The first 6 months of the year are behind us and Arizona housing is flat-lined. During the first half of the year, we have seen inventory and prices increase, but sales somewhat stagnant. One thing is for sure – when you have more homes for sale than number of buyers looking for homes, it will […]

Tucson Home Sales By the Numbers – May 2014

There usually is a similar pattern between the Tucson market and the Phoenix market. Inventory decreased for the second month in a row by 1%. Although only a slight decrease, it was a decrease just the same. Sales unit prices on the other hand rose 4% from the previous month. The average sales price jumped […]

Phoenix Home Sales By the Numbers –
May 2014

The housing market recovery continues to tease us. One month there are indications the market is recovering, and the next month these positive indicators seem the polar opposite. It seems to be a constant seesaw. On a national level Arizona is doing quite well, especially in the more populated areas Inventory decreased for the second […]

Tucson Home Sales By the Numbers – April 2014

The number of homes on the market decreased in April by 3% to 5,722. Total sales decreased 3% from March to April. Buyer demand definitely is higher due to increased seller competition. These numbers demonstrate why buyers are in a better negotiating position today, with the average Sales Price down 3% over March 2014 to […]

Phoenix Home Sales By the Numbers –
April 2014

Phoenix actually is performing better in the real estate market than other major metropolitan cities across the nation. However, the market continues to be somewhat stagnant in other parts of Maricopa and Pinal counties. Maricopa County encompasses the majority of the metropolitan Phoenix area, with Pinal County being a much smaller county. The three most […]