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Phoenix Arizona Real Estate Blog, presented by ...

Phoenix area sales statistics

Nov. 14, 2006
As promised to the good folks at DCHousingBlues (and by extension HousingDoom), here are the latest statistics from the Arizona Regional Multiple Listing Service, which includes Maricopa County as well as out-of-county listings taken by in-county member agents.

I'm skipping commentary on the following statistics to allow readers to draw their own conclusions, whether they prefer year-over-year or month-over-month comparisons, and also because I'd hate to be accused of spinning the statistics. These are the numbers, do with them whatever you choose.

ARMLS Average Sales Price Per Month
  January February March April May June July August September October November December
2001 171,900 169,700 175,900 172,300 173,200 180,200 177,200 171,900 170,700 170,800 171,000 175,600
2002 184,100 170,200 177,200 180,000 183,200 188,200 187,300 181,700 176,600 182,600 185,200 184,500
2003 184,200 185,700 188,700 187,200 198,900 202,000 198,000 200,200 195,300 287,200 199,300 208,300
2004 206,100 204,000 212,500 208,800 215,000 231,900 220,400 222,000 224,700 231,100 232,600 237,000
2005 255,500 249,100 271,300 280,500 300,100 316,500 311,400 318,300 315,800 321,400 320,500 329,100
2006 336,900 224,000 330,600 329,100 345,200 348,100 332,300 331,300 324,500 330,200    

ARMLS Home Sales Median Price Per Month
  January February March April May June July August September October November December
2001 122,000 124,900 127,500 128,500 129,900 133,900 133,000 129,000 128,000 126,900 128,000 129,000
2002 138,000 134,000 129,900 135,000 139,500 141,000 140,000 140,000 139,000 142,000 141,000 145,000
2003 143,100 140,000 145,000 145,000 149,900 151,500 153,000 153,900 150,000 149,900 149,500 151,000
2004 150,500 150,000 155,000 155,000 160,500 169,000 168,000 168,000 170,000 174,900 176,000 181,900
2005 188,000 190,000 206,000 220,000 235,000 249,900 252,000 255,500 260,000 256,900 255,000 255,000
2006 254,900 252,000 255,000 255,000 259,900 264,800 257,000 254,900 249,900 250,000    

ARMLS Home Sales Per Month

January
February
March
April
May
June
July
August
September
October
November
December
Total
2001
3,700 4,609 5,704 5,833 6,244 6,164 5,638 5,728 4,801 4,766 4,761 4,466 62,412
2002
4,016 4,403 5,732 6,131 6,783 6,404 6,114 5,797 5,542 5,723 5,365 5,940 67,950
2003
4,760 5,493 6,545 7,464 7,468 7,495 7,680 7,688 6,866 6,541 5,693 6,357 80,052
2004
5,118 6,196 8,744 8,971 9,019 10,019 9,040 8,992 8,677 8,173 8,071 7,902 98,922
2005
6,632 7,781 9,987 9,600 9,890 10,252 9,394 10,031 9,213 8,046 7,350 6,549 104,725
2006
5,266 5,918 7,497 6,798 7.573 7,214 6,102 6,163 5,608 5,599     63,738

ARMLS carries the disclaimer that "ARMLS does not guarantee nor is any way responsible for its accuracy; data maintained by ARMLS may not reflect all real estate activity in the market." I'll say ditto, as I'm relying on the available sales data.

(c) Jonathan Dalton, 2006 / Jonathan Dalton's Arizona Homes