Here are some charts that have just rolled off of the presses on the new flexmls system that we have switched-over to in the last couple of weeks.
This chart takes a look at the relationship between active, sold, and new listings over the last 2 years and gives us an idea of how much inventory we have on the market. You’ve come a long way baby.
I think this is a very interesting chart showing that we are seeing a modest rebound in pricing.
This chart shows the relationship between the increasing number of units sold, and the shorter amount of time that it is taking to sell those units.
Filed under: Real Estate Market Watch | Tagged: active homes, arizona premiere living, charts, falling prices, housing inventory, market statistics, phoenix real estate, sold homes
[...] been watching Price Change Trends chart very closely for the last year or so and first pointed out then that we were looking at some modest form of recovery, and if this is an early predictor of market [...]