05 07 12 Exec Summary [Sf] Az Phoenix 85086
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8/2/2019 05 07 12 Exec Summary [Sf] Az Phoenix 85086
1/1
8 73552
1083.0 10
3.0
6
116
4.0 67
101
6
6
1.0 - 2.5acres
9
$ 224,900
4
6
67
3.0
2.5 - 5.0acres
82.8
1906 not available
67
$ 160,000
4.0
166
2.5 - 5.0acres$ 310,000
4.0$ 467,000
9
5
2670
We continue to see prices in this zip code bouncing around tplateau. Look for a persistent up-shift in the Market Action before we see prices move from these levels.
Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.
The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-termoutlook for the market.
PHOENIX, AZ 85086Kelli Grant RealtyGroup Market ReportExecutive Summary
66
2400
2.0
Monday May 7, 2012
The median list price in PHOENIX, AZ 85086 this week is $259,000.
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
+ ==
=
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC
Single Family Homes
Median Lot Size
22.3
Percent Relisted (reset DOM)
2575
2.0
6 %
Median Number of Bathrooms
122
Median List Price
Average Days on Market (DOM)
$ 102
Percent Flip (price increased)
2.5 - 5.0 acres
Median House Size (sq ft)
$ 259,000
27 %
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