HomeSmart Elite Group

Licensed REALTORS® with HomeSmart Elite Group  ·  Scottsdale, Arizona

Equal Housing Opportunity REALTOR®

April Sales Market Summary

APRIL SALES MARKET SUMMARY

Here are the basic ARMLS (local Multiple Listing Service) numbers for May 1, 2015 relative to May 1, 2014 for all areas & types:

Active Listings: 21,512 versus 26,205 last year – down 17.9% – and down 3.5% from 22,303 last month

Pending Listings: 7,951 versus 7,199 last year – up 10.4% – and up 1.2% from 7,853 last month

Under Contract/Pending Listings: 12,276 versus 10,584 last year – up 15.8% – and up 2.4% from 11,988 last month

Monthly Sales: 8,363 versus 7,572 last year – up 10.4% – and up 6.0% from 7,887 last month

Monthly Average Sales Price per Sq. Ft.: $135.88 versus $130.27 last year – up 4.3% – and up 2.9% from $131.99 last month

Monthly Median Sales Price: $202,000 versus $190,000 last year – up 6.3% – and up 1.0% from $200,000 last month

HOMESMART OPENS WORLD HEADQUARTERS IN NORTH SCOTTSDALE

Thank you (again) Michael Orr and the Cromford Report for the statistical data provided here

Market data referenced in this article comes from The Cromford Report.