July 2015 Phoenix Market Report from Shirley Coomer   For Buyers: It has been a hectic season for buyers over the past few months, but they may see a small amount of relief as we head into July.  Typically, July and August see a downturn in buyer activity as many residents head out of town […]

June 2015 Phoenix Market Report from Shirley Coomer   For Buyers: May continued to be extremely competitive and frustrating for buyers under $300,000 where there is little for sale within the most populated areas of Maricopa County.  It was a better experience for those buyers looking over $300,000 and those in the outlying areas where […]

May 2015 Phoenix Market Report from Shirley Coomer   Market Report For Buyers: Get prepared to compete with multiple offers, especially if you’re shopping under $200,000. A “frenzy” is defined as an area that literally has more listings under contract than active for sale. The “frenzy” areas, marked in the darkest shade of orange, are: […]

April 2015 Phoenix Market Report from Shirley Coomer   Market Report – Maricopa County Annual Change  +18.2% Closed Sales  (7,021 units)  -15.0% Pending Sales  (6,179 contracts)  -12.7% Active Listings  (21,744 listings)  -3.3% New Listings  (9,182 listings) +2.4% Average Sale Price  ($266,280)  +12.7% Avg Cumulative Days On Market  (90 Days)  -24.9% Months of Inventory  (3.32 Months) Click graphs for larger image. For Buyers […]

March 2015 Phoenix Market Report from Shirley Coomer   Market Report – Maricopa County Market Snapshot (compared to prior month): •Closed sales increased 25.7% over prior month (normal trend) •Pending sales decreased 14.5% (NOT a normal trend) •Active listings decreased 21.2% (NOT a normal trend) •New listings decreased 12.5% (fairly normal trend) •Expired listings increased […]

February 2015 Phoenix Market Report from Shirley Coomer   Market Report – Maricopa County Here are your real estate statistics for last month.  Be sure to call if you have any questions about this report or about how the market is performing.  This report includes MLS data for the past 36 months for Maricopa County […]

January 2015 Phoenix Market Report from Shirley Coomer   Market Report – Maricopa County Here are your real estate statistics for last month.  Be sure to call if you have any questions about this report or about how the market is performing.  This report includes MLS data for the past 36 months for Maricopa County […]