Interesting chart that Michael Orr has on his lead-in page at CromfordReport.com today.
Look at all these highs and lows that were recorded in April 2009.
Today, a year later, I’ve posted today’s results for some of the most meaningful statistics:
| Market Statistic | Reading | Difference | % |
| Pending Listings | 13,915 | -98 | -0.6% |
| Monthly Sales $/SF | $91.64 | +$9.58 | +11.6% |
| Average Price – Monthly Sales | $176,657 | +$20,792 | +13.3% |
| Median Price – Monthly Sales | $127,500 | +$12,450 | +10.8% |
| Days on Market – Active Listings | 146 | -24 | -14.1% |
Slightly few homes under contract (negligible), prices increasing slightly, and homes selling more quickly. Pretty good news, wouldn’t you say?
The figures shown are for the entire Arizona Regional area as defined by ARMLS (Arizona Regional Multiple Listing Service). All residential resale transactions and all dwelling types (singfle family houses, condos, townhouses, patio homes, manufactured homes on land) recorded by ARMLS are included. For-sale-by-owner, auctions and other non-MLS transactions are not included. Land, commercial units and multiple dwelling units are also excluded.
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