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]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.