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5 Critical Real Estate Market Stats That You Will Know

March 12, 2014 By Nathan Mitchell

Know Your Real Estate Market

In the previous post, 1 Click To Instant Access, you gained direct access to the coveted “real time” sales data for the real estate market.  This live information gives you the advantage over your average buyer, who regularly relies on old information from bigger “3rd party” websites.

You now search for homes more effectively.

Having the latest sales data is just the beginning and a key building block to your home purchase success.

It is critical that you put this information into perspective.

Where should you begin?

A great by-product of having this home buying and selling information at your fingertips is the fact that you can actually track it’s history.  By looking at the past real estate market, you will gain greater insight on how things are today.

If you have been researching the real estate market for a while now, you might have picked up a feel for the current climate.

If you’re just now jumping into the real estate market, sometimes taking in so much information at once can feel like drinking from a fire hose. It can be very difficult to keep anything, much less the sales numbers and averages straight.

With that in mind, we have compiled all of the numbers for you and put them into easy to understand charts.

Now It’s Easy For You.

Getting to know the real estate market here in the Phoenix Metro area is very simple, now that you have us on your side.

Every month, we post the historical sales data from the Arizona Regional Multiple Listing Service right here on our site.  This market report will help you understand the current real estate market climate.

You always have access to the following statistics and more:

  1. Number of monthly home sales, compared month to month and year to year.
  2. Monthly resale home inventory levels.
  3. How many months supply of resale home inventory.
  4. Average and median resale home listing prices.
  5. Average and median monthly sales prices.

Click here to see our latest installment of our monthly real estate market updates.

With our Multiple Listing Service home search tool and our monthly market statistics, you will quickly understand the reality of your real estate market.

In very little time,  you’ll probably know more about the real estate market in Phoenix than many agents do!

To your success.

 

 

Filed Under: Blog, Real Estate Market Statistics Tagged With: Arizona real estate, Phoenix Homes for sale, Phoenix Real Estate, real estate, real estate market, Real Estate Market Statistics

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Hunter Clark
Hunter Clark
602-625-3866
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Nathan Mitchell
Nathan Mitchell
480-529-6329

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