Market Updates

Oct. 3, 2020

Oct 2020 Market Update!

 

October 2020 Market Update!

Here are the basics - the ARMLS numbers for October 1, 2020 compared with October 1, 2019 for all areas & types:

  • Active Listings (excluding UCB & CCBS): 8,101 versus 13,755 last year - down 41.1% - but up 0.9% from 8,028 last ...
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Posted in Market Updates
Sept. 4, 2020

September 2020 Market Update

 

Market Summary for the Beginning of September

Here are the basics - the ARMLS numbers for September 1, 2020 compared with September 1, 2019 for all areas & types:

  • Active Listings (excluding UCB & CCBS): 8,028 versus 13,609 last year - down 41.0% - and down 5.3% from ...
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Posted in Market Updates
Aug. 7, 2020

Aug 20202 Market Update

 

Market Summary for the Beginning of August 2020

Here are the basics - the ARMLS numbers for August 1, 2020 compared with August 1, 2019 for all areas & types:

  • Active Listings (excluding UCB & CCBS): 8,477 versus 13,746 last year - down 38.3% - and down 3.5 ...
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Posted in Market Updates
July 4, 2020

July 2020 Market Update

 

 

Market Summary for the Beginning of July 2020

Here are the basics - the ARMLS numbers for July 1, 2020 compared with July 1, 2019 for all areas & types:

  • Active Listings (excluding UCB & CCBS): 8,788 versus 15,422 last year - down 43.2% - and down 26 ...
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Posted in Market Updates
April 20, 2020

Gilbert 4-20-2020 Update

Here is a quick overview of the Gilbert Market....

  • New Listings: Still Increasing.

  • New Contracts... Down but still strong.

  • Market Balance... Changing, but still a strong sellers market.  (aka Cromford Index is 239. Neutral Market is 100.),

  • Contract Ratios:  "Hotter and Frenzied"

  • Pricing:  Upward pressure as ...

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Posted in Market Updates
April 15, 2020

April 15 Update

Gilbert ~ New Contract vs. Back on Market (listing that fall out of escrow)

 

 

Cromford Index Report...Gilbert

  • Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings ...
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Posted in Market Updates
April 4, 2020

April 2020 Market Update

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Posted in Market Updates
April 2, 2020

March-26-2020

March 26-2020

Active Listings in Gilbert... (Spike Up)

 

Listings Under Contract in Gilbert... (Recent Fall)

 

Cromford Market Index for Gilbert... (Still Very Strong...)

Cromford Market Index Meaning... Balanced Market is 100.  Above 100 is a Sellers Market.  Below 100 is a Buyers Market...

Cromford Market Index™ ...

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Posted in Market Updates
April 2, 2020

March-31-2020

March 31 - Although we do not normally talk much about the intricacies of the mortgage market, momentous things have been taking place over the past two weeks which are likely to have a knock-on effect on the housing market. For more details we refer you to a well-written article by ...

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Posted in Market Updates
March 24, 2020

March-18

March 18 - A number of people seem to assume that we are heading for a recession and that home prices will fall. The first assumption is quite reasonable. The second assumption is based on fear and has little analytical data to back it up. Obviously anything can happen in a ...

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Posted in Market Updates