STATISCALLY SPEAKING-PHOENIX MARKET

Year to date comparative analysis of sales in the

metropolitan Phoenix area.  Comparing June ‘09/May ‘09 respectively.  Active listings are down slightly 19,133/20,839.  Listings sold are up 2,502/2,201 .  Days on the market are down a little 135/140.  Pending sales are 3,381/3,302.  Average annual sale price is down $291,662/$295,682.  All other markers show that we are still down from ‘08 and ‘07.  That is no surprise as the bank owned properties will continue to be a drag on the market for some time to come.

Statistics gained from the Cromford Report.  If you’d like exact anaylisis of your zip code, please feel free to contact me and I’d be happy to comply.