8/2/2019 05 07 12 Exec Summary [Sf] Az Phoenix

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20 743205

1082.0 26

3.0

89

103

3.0 740

101

104

123

1.0 - 2.5acres

40

$ 125,000

76

57

740

3.0

0.50 - 1.0acre

1122.0

1320 not available

739

$ 59,900

3.0

164

2.5 - 5.0acres$ 234,900

4.0$ 500,000

18

118

2117

Despite this week's up tic, the market seems to have pausedaround this plateau. The Market Action Index is a good leadindicator for the durability of this shift.

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, AZKelli Grant RealtyGroup Market ReportExecutive Summary

739

1589

2.0

Monday May 7, 2012

The median list price in PHOENIX, AZ this week is $169,900.

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

26.4

Percent Relisted (reset DOM)

1868

2.0

7 %

Median Number of Bathrooms

119

Median List Price

Average Days on Market (DOM)

$ 91

Percent Flip (price increased)

2.5 - 5.0 acres

Median House Size (sq ft)

$ 169,900

22 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

n/a

Percent of Properties with Price Decrease

Buyer's Advantage

±+

±+

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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