The Arizona Regional Multiple Listing Service (ARMLS) December reports are now available. These reports contain the numbers thru the PREVIOUS month. The STAT and the ARMLS PPI reports are in a PDF format.
The 1st report is the STAT report. It provides the most current market statistics. It is published monthly.
The 2nd report is the ARMLS Pending Price Index™ (ARMLS PPI). It predicts the direction of the market 3 months into the future based on pendings sales in flexmls.
The PPI Supplement analyses pending properties added to the system in the current month only, focusing on average and median prices, total units, and % of total units for that month in specific price ranges. It then compares the current month pendings with pendings from the preceding 3 months. The PPI Supplement has been expanded to include price/square foot data for new pendings each month.
Click the following link to access the December issue of STAT
Click the following link to access the December issue of ARMLS PPI
Current and back issues of STAT and ARMLS PPI™ are available on the ARMLS website at: http://www.armls.com/statistics/stat-library?utm_source=iContact&utm_medium=email&utm_campaign=Communication&utm_content=STAT+Dec+2011