Market Update

Market Update

Maricopa County Market Update

January 2016

Image result for stats

December Sales:

6,757 homes were sold in December.

Up 4% from 2014

and 12% from 2013

93% of Those Sales Were Regular Sales* 

(not short sale or real estate owned/REO):

Up 2% from 2014 (91%)

And up 11% from 2013 (82%)

What about the 7%?

4% were short sale

Which is the same for 2014 and down 6% from 2013 

3% were REO

Down 2% from 2014, and 5% from 2013

January 2016 Listings:

There are 20,316 active listings

Down 13% from 2015

And down 14% from 2014

Of Those listings:

96% are Regular Listings

Up 2% from 2015

And up 6% from 2014

What About the Other 4%?

2% were listed as short sale

Down 1% from 2015, and 3% from 2014

2% Were Listed as REO

Down 1% from 2015, and 3% from 2014

Michelle Mojica Headshot
Phone: 602-687-0617
Dated: January 5th 2016
Views: 743
About Michelle: ...

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Mojica & Associates Real Estate
5213 North Central Avenue
Phoenix, AZ

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