Metro Phoenix housing market has best month in a decade April just might have been the best month for metro Phoenix's housing market in a decade. Foreclosures fell to the lowest level since 2006. Homebuilding continued to rebound. Phoenix kept its spot as one of most affordable big metro areas for ...
More Phoenix homeowners have equity now Fewer metro Phoenix homeowners are underwater now, according to CoreLogic. Approximately 19.5% of the Valley's homeowners owed more than their house is worth as of June 30, down from 21% at the end of this year's first quarter. At the worst of the housing cra ...
Phoenix-area home sales, prices cool in July In Metro Phoenix, both sales and prices dipped in July. Home sales fell 4.5% and the median home sales price inched down to $210,000 compared with June, according to the W.P. Carey School of Business at Arizona State University. The housing market's mode ...
Ariz. homebuilders offering deals New-home prices across metro Phoenix soared too high and too fast in 2012 and 2013 for many buyers to handle, leading to a slump in sales. Home prices have dropped slightly this summer, and builders are trying to lure buyers by offering incentives that include lowe ...
Click Here for All Articles
From Date       To Date

News Article From: 07-16-2010

Listing vs. Sales Price







This article looks at the relationship pattern between the Listing Price and Sales Price (charts with both Median* and Average Price are displayed).







<!--[if !vml]--><!--[endif]-->




<!--[if !vml]--><!--[endif]-->











The pattern associated with the size of the expectation gap that started appearing when the median sales price flattened out in June 2005 has significance, as does the return to a more normal relationship in late 2007.







Note the January median-listing data’s unusual deviation from the downward trend.  There are three possible causes for this:





We do not know which it is at this time.







*The median price is the price at which 50% of the homes sold had a price greater than this number and 50% had price less than this amount.










Copyright® 2010 - This information is compiled and written by Ultimate Information Systems, Inc. Use of this article, in part or in its entirety, is expressly prohibited without written permission.  Click here to request limited rights to reuse this information.







Invest With Leonid © 2007
A CompuGor Website