Market Update

by Michele on January 12, 2010

Every month my marketing rep, Maggie Clark, from Equity Title  sends out a market update. The December numbers have been published. Here are some of the highlights:

  • There was a 28% increase in the number of sales from December 2008 to December 2009. 
  • 2009 Total Sales for ALL dwelling types in Maricopa County: 92,604 units. This was a 33% increase  over 2008.
  • 93% of the sales in 2009 were for homes priced under $400,000. 

Months Supply by Area:
Valley Wide 5.8
Scottsdale 9.4
Apache Junction 4.5
Cave Creek 8.5
East Valley 5.2
Fountain Hills 10.0
Goodyear, Litchfield, Avondale 3.9
Luxury 27.3
Northwest 5.1
Peoria and Glendale 4.7
Paradise Valley 13.6

Click on the following link to see the graphs as of January 7th, 2010:
January Residential Real Estate Update

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