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Sales Trends 2010 thru February

Information provided via email from WWW.ACTIVEFUNDINGGROUP.COM

 
 
 

Jan-10
 Total Closings
5575

 
  

 

Sales price
No. sales
% of total

0-100,000
2219
39.8027%

101-200,000
2154
38.6368%

201-400,000
998
17.9013%

401-750,000
253
4.5381%

751-1,001,000
47
0.8430%

1,001-2,000,000
56
1.0045%

2,001-5,000,000
21
0.3767%

5,001-10,000,000
1
0.0179%

 
 

Feb-10
Total Closings
 6635

 
 
 

Sales price
No. sales
% of total

0-100,000
2482
37.4077%

101-200,000
2557
38.5381%

201-400,000
1157
17.4378%

401-750,000
300
4.5215%

751-1,001,000
62
0.9344%

1,001-2,000,000
48
0.7234%

2,001-5,000,000
20
0.3014%

5,001-10,000,000
2
0.0301%

Supply as of 3-4-2010

Total no. actives 35110

List price
No. Active listings
Supply (in months)

0-100,000
8034
3.42

101-200,000
12064
5.47

201-400,000
8321
7.64

401-750,000
3493
12.63

751-1,001,000
3253
59.69

1,001-2,000,000
2133
41.02

2,001-5,000,000
763
37.22

5,001-10,000,000
82
27.67

Over 10,000,000
25
 

List price
Av. Days on market

0-100,000
85

101-200,000
107

201-400,000
135

401-750,000
188

751-1,001,000
234

1,001-2,000,000
258

2,001-5,000,000
361

5,001-10,000,000
369

Over 10,000,000
377

Summary

Over 78% of sales occur in the $200k and under category

Over 90% of sales occur in the $400k and under category

In summary, [...]

Q&A with an appraiser

Another great email from Dan W. Eason and EnergizedSeller.comQ&A With Appraiser 

6 Questions for an appraiser

In an effort to understand the home appraisal process we interviewed San Antonio appraiser, John Wade. Below are four of the six questions we asked and a short answer summary.

Q. What can home sellers do if they don’t agree with [...]

The Phoenix Real Estate Weekly 8/14/09

Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS
Coldwell Banker Residential Brokerage

Visit our web site at www.PacellaGroup.com to view listings or for more information.

The Phoenix, Arizona market certainly isn’t dull these days. Reviewing year over year data for the same time period last year, we can see that pending sales are up 58% and closed transactions, or [...]

More and more homes are seeing prices RISE in Arizona!

by Tony Pomykala, REALTOR, ePro
Sunrise Investments, www.HomeListingsArizona.com

Yesterday I went out on a limb and yelled to the world that the bottom has already occurred in some segments of the Arizona real estate market. I pointed out an example in El Mirage, and sure enough prices have indeed begun rising there.

As I explained, I’ve seen examples [...]

Buying Foreclosures from Banks

by Tony Pomykala, REALTOR, ePro
Sunrise Investments, www.HomeListingsArizona.com

Many people still don’t get it, so I’m going to try to explain it a little better here. 

The housing market evolves. When the market evolves, the buyers and sellers must adapt or be rendered ineffective.  That’s natural. That’s survival.

If you are trying to sell a house and no one [...]

Property Values on the RISE in Arizona?! Yes!!

by Tony Pomykala, REALTOR, ePro
Sunrise Investments   www.HomeListingsArizona.com

This is beginning to happen more and more, so I think it’s about time we stood up and started shouting this.

“Buyers!! The market has already hit bottom and is turning around in many parts of Arizona.”  If you are still waiting for the bottom, you may have missed the boat. [...]