« Sales (red) Vs. Listings (Blue)
Reported sales for July dropped 24.6% from the June sales. We are very close to a normal Phoenix market. »

Listings back to high end of normal range

18Jul11

This graph shows the number of listings has dropped to 30k. Follow the 30k line over to December of ’02 and you will see we are back to more reasonable levels. What does this mean… well with the number of listings down, and sales at an all time high, (red line matching the highs of ’05) prices will soon be going back up.

 


Filed under: Phoenix Real Estate   |  Leave a Comment

No Responses Yet to “Listings back to high end of normal range”

Feed for this Entry Trackback Address
  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: