Saturday, March 31, 2007

Latest Real Estate Market Info for Maricopa County

The count for March's Notices of Trustee's Sales in Maricopa County was 1720. Not a record beater, but certainly within sight of the summit.

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MC Trustee's Sale Notices (1995-Present)
Mean929.5
Median819
Mode746
Standard Deviation306.2041743
Range1256
Minimum482
Maximum1738
Sum135705
Count146

The daily average in March (78.18 Notices recorded per day) was also not a record beater.

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Here's an interesting chart I threw together based on sales data I pulled from the Arizona Regional Multiple Listing Service. The take-away from it is that, clearly, the inventory of unsold homes in the Phoenix area has been increasing for quite a while, now. The words "downward pressure" come to mind.

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2 comments:

  1. UnknownMarch 31, 2007 at 5:45 PM

    "not a record beater" --

    So F'ing what?

    It's coming, dude!

    ReplyDelete
  2. EinzigeMarch 31, 2007 at 5:52 PM

    Damn!

    Calm down, mofo.

    I wasn't saying it to be snide. I was just pointing it out.

    For the record, I tend to agree that the numbers will continue to rise--though I would say that I lack the confidence in this prediction that you seem to possess.

    ReplyDelete