Saturday, March 23, 2013

Phoenix Housing Market and Inventory Report February 2013

The Phoenix Housing Market began February 2013 with 17,643 homes for sale in the Metro Phoenix MLS. The number of MLS listings was up slightly from January 2013 but is consistent with the previous three-month average of 17,461 homes for sale. A continuing trend in the Phoenix Real Estate Market is the diminishing number of foreclosure-type sales, with only 12.5% of all active homes for sale being bank owned homes (REO's) or short sales. You have to go back to 2007 to find foreclosure-type listings this low. See here: Phoenix MLS Listings by Month

The "numbers within the numbers" in

Phoenix Housing Market

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