8/2/2019 03_12 Exec Summary [SF]_85086

1/1

8 83640

1142.0 10

3.0

10

119

4.0 76

121

10

10

20+ acres

9

$ 229,900

8

2

76

3.0

1.0 - 2.5acres

83.0

1850 not available

75

$ 154,950

4.0

155

not available$ 315,000

4.0$ 450,000

9

6

2793

Recently prices in this zip have settled at a plateau even ththey dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly movefrom these levels.

The Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues

to grow relative to demand however, it is likely that we will seedownward pressure on pricing.

Inventory is tightening and days-on-market is falling. But demandas measured by the Market Action Index is also trending down. Themarket is not giving strong up or down signals from these data.

PHOENIX, AZ 85086Kelli Grant RealtyGroup Market ReportExecutive Summary

75

2359

2.0

Monday March 12, 2012

The median list price in PHOENIX, AZ 85086 this week is $272,000.

Investigate the market in quartwhere each quartile is 25% of hordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Kelli Grant Group | www.PhoenixHomeResource.com

No change Strong upward trend Strong downward t

Slight upward trend Slight downward tr

+ ==

=

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Single Family Homes

Median Lot Size

19.0

Percent Relisted (reset DOM)

2647

2.0

7 %

Median Number of Bathrooms

127

Median List Price

Average Days on Market (DOM)

$ 101

Percent Flip (price increased)

2.5 - 5.0 acres

Median House Size (sq ft)

$ 272,000

42 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

n/a

Percent of Properties with Price Decrease

Strong Buyer's

+

+

ttom/Fourth

Lower/Third

pper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Tren

Price

Price T

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average