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Jonathan Dalton
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Disparate Figures That May Interest Only Me

Disparate Figures That May Interest Only Me

Jonathan Dalton, Phoenix Real Estate AgentAfter writing about the recent situations where my clients were too late with their offers, I thought I’d poke around the Arizona Regional MLS a little bit.

Over the past seven days, 948 single-family homes in Maricopa County have been switched to Pending status. This may be a very significant fact as it could indicate sales on the horizon. Or it could be insignificant as there’s no guarantee of a closing at the end of the rainbow.

Since Tuesday’s absorption rate update, there has been a net increase of inventory of 300 homes. This could be significant. Or it may not be significant.

There have been 2,000-odd sales over the past 30 days (and the first day of the period was Christmas Day.) This could be significant. Or not.

I’m open to other interpretations.

[tags]Phoenix real estate[/tags]

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