maricopa county real estate report...maricopa county real estate report: a monthly overview of...
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Information gathered from ARMLS on 9/4/2017 unless otherwise noted. Includes all Maricopa County and other areas serviced by ARMLS.
Maricopa County Real Estate Report:A Monthly Overview of Market Statistics
August 2017
Chris & Cheryl ParkRealty One Group
480-754-9477 or 480-754-9077
[email protected];[email protected]
AzDreamHomesScottsdale.com
Courtesy of Realty ONE Group
➢Total Sales 8/1-8/31 8,221➢Total Cash Sales 1,710➢Total Conventional 4,366➢Total FHA 1,462➢Total VA 626
Courtesy of Realty ONE Group
30 Year Fixed (Con) 3.90%15 Year Fixed (Con) 3.18%30 Year FHA 3.50%Jumbo Loan 4.18%5/1 ARM 3.18%
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Rates as of 9/4/2017
Provided by Mortgage News Daily
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* Reflects ALL active inventory as of month end, not just newly listed properties.
Courtesy of Realty ONE Group * Reflects date that status changed to pending or UCB
Courtesy of Realty ONE Group
Courtesy of Realty ONE Group
63ADOM
as of 8/31/2017
Courtesy of Realty ONE Group
$300,141Average Sales Price
Courtesy of Realty ONE Group
Courtesy of Realty ONE Group
Last Month Last Year
Active Listings 1.0% 11.6%
Pending Listings 0.5% 0.5%
Sold Listings 2.6% 3.1%
Average Days on Market 3.1% 17.2%
Average Sales Price 1.3% 8.0%
Sellers:The peak selling season has officially ended. Many down-payment
assistance programs have also reached an end to their available funds, thus reducing the total buyer pool. Remember, “pretty homes” sell faster and for more money…have your home in tip-top shape to secure the best offer(s) from potential buyers.
Buyers: Average sales price has fluctuated over the past 4 months, but inventory
remains low. It is still considered a seller’s market, so you will often get a good price or good terms (concessions/contingencies), but rarely both. Be prepared to write your offer accordingly.
Courtesy of Realty ONE Group
We hope you have found this report beneficial. Although it provides a general overview of the market, it won’t take the place of a knowledgeable real estate professional.
Please contact us for area-specific market data or for information about buying or selling a home.
Courtesy of Realty ONE Group
Chris & Cheryl ParkRealty One Group
480-754-9477 or 480-754-9077
[email protected];[email protected]
AzDreamHomesScottsdale.com