Maricopa County Real Estate Report:
A Monthly Overview of Market Statistics
Marty Harris
(480) -518-1458
April 2015
Information gathered from ARMLS on 5/3/2015 unless otherwise noted. Includes all Maricopa County and other areas serviced by ARMLS.
Courtesy of Realty ONE Group
 Total Sales 4/1-4/30
 Total Cash Sales
 Total Conventional
 Total FHA
 Total VA
Courtesy of Realty ONE Group
8,384
2,156
3,440
2,172
557
30 Year Fixed (Con)
15 Year Fixed (Con)
30 Year FHA
Jumbo Loan
5/1 ARM
3.84%
3.16%
3.50%
3.77%
2.96%
Rates as of 5/3/2015
Provided by Mortgage News Daily
Courtesy of Realty ONE Group
* Reflects ALL active inventory as of month end, not just newly listed properties.
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Courtesy of Realty ONE Group
* Reflects date that status changed to pending or UCB
Courtesy of Realty ONE Group
Courtesy of Realty ONE Group
$266,121
Average Sales Price
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84
ADOM
as of 4/30/2015
Courtesy of Realty ONE Group
950
NODs Filed in April
Courtesy of Realty ONE Group
Last Month
Last Year
Active Listings
4.6%
18.3%
Pending Listings
0.6%
15.8%
Sold Listings
6.1%
8.5%
Average Days on Market
8.7%
1.2%
Average Sales Price
4.5%
5.4%
Courtesy of Realty ONE Group
Sellers:
As inventory continues to decrease, we will shift into more of a “seller’s
market.” TAKE ADVANTAGE of this, as it will likely be short-lived and we
can expect to start shifting back by the end of June. Concessions are
common among financed buyers, so be prepared to pay those. Pricing has
remained relatively stable for over a year…please don’t expect the home
you bought in 2014 to be worth $50,000 more than you paid for it!
Buyers:
Inventory has been gradually decreasing, and you may find yourself in
multiple offer situation. So be realistic in your negotiation strategies!
Sellers are more negotiable than they were a year ago, but low-ball offers
will not win you any homes.
Courtesy of Realty ONE Group

I hope you have found this report beneficial.
Although it provides a general overview of the
market, it won’t take the place of a knowledgeable
real estate professional.

Please contact me for area-specific market data or
for information about buying or selling a home.
Thanks, Marty Harris (480) -518-1458
Courtesy of Realty ONE Group