News Article From: 04-01-2011
Resale Sales Analysis
The February ARMLS1 Reports reported sales of 7,171, which is an increase of 632 from January. On a seasonally adjusted basis sales were up 576 from February 2010.
Sales Patterns
There are several different factors that interact to make up the current sales numbers. One of the most significant is the seasonal pattern clearly seen in the graph below. The winter months show the lowest sales volume, while the summer months are the highest in sales.
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This basic pattern is true for each year displayed. Be cautious of any article that only compares one month to the prior month and does not reference the year prior number.
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1 (ARMLS) Arizona Regional Multiple Listing Service encompasses most of Maricopa and Pinal Counties |