New / Resale – Page 10 – Cromford Report

Active Listings Weekly

About this chart

This chart counts the homes for sale on ARMLS each week (measured on Saturdays), stacked by transaction type: normal sales, pre-foreclosure / short sales, REOs, and HUD homes. The height of the stack is the total number of listings.

By default it counts Active and Coming Soon listings. Tick UCB / CCBS to include listings that are under contract but still accepting back-up offers, or Temp Off Market for listings that are temporarily withdrawn.

It opens on the last four years for the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Use the Period panel to show the last 2, 4, or 8 years, or everything since 2011. The geography, dwelling type, list price, home size, year built, days on market, and New / Resale filters narrow the count to the part of the market you are interested in.

Rising inventory gives buyers more choice and more negotiating power; falling inventory favors sellers. Hover over the chart to see the counts for any week.

Year-to-Date Cancelled Listings

About this chart

This chart shows the running total of cancelled listings from 1 January to the end of each week of the year, a line per year, so this year’s pace can be read against earlier years. Weeks run Sunday to Saturday and week 1 of each year starts on 1 January, so the first and last weeks of a year can be short. A cancelled listing is one the seller took off the market before it sold, counted on the date it was cancelled.

It opens on the latest 5 years; tick other years in the Year box to go back as far as 2001, and use the Month box to count only some months. Use Zoom to latest to see the newest week and four weeks either side, with every year’s total at that week. The chart is updated every day.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see each year’s total at that week.

Listings Cancelled per Month

About this chart

This chart shows the number of listings cancelled each month. A cancelled listing is one the seller took off the market before it sold, counted on the date it was cancelled.

It opens on January six years back to date; drag the handles of the date slider under the chart to choose the months shown, as far back as January 2001. The current month is the month so far and is drawn lighter. The chart is updated every day.

Hover over a bar to see the month’s count.

Listings Cancelled Weekly

About this chart

This chart shows the number of listings cancelled each week, a line per year. Weeks run Sunday to Saturday and week 1 of each year starts on 1 January, so the first and last weeks of a year can be short. A cancelled listing is one the seller took off the market before it sold, counted on the date it was cancelled.

It opens on the latest 3 years; tick other years in the Year box to go back as far as 2001. Click a ticked year again to fade it, and once more to remove it. Use the Month box to count only some months of the year. The newest week is the week so far. The chart is updated every day.

Hover over the chart to see each year’s count for that week.

Contract Ratio Monthly

About this chart

This chart shows the Contract Ratio for each month: the number of listings under contract (pending, plus UCB and CCBS) for every 100 active listings, measured on the first day of the month. Each bar is one month, colored by month. The shaded bands mark a Cool market (below 30), Warm (30 to 60), Hot (60 to 100), Frenzy! (100 to 200), and Insanity!! (above 200), and the line marks the highest month shown.

It opens on January 2020 to date. Drag the handles of the date slider under the chart to choose the months shown, as far back as April 2010. Click a month in the legend to hide or show it. A new month appears once its first-day figures are in.

Hover over a bar to see the ratio and the numbers of listings under contract and active that day.

Contract Ratio Heat Map

About this chart

This map shades each ZIP code by its Contract Ratio on one Saturday: the number of listings under contract (pending, plus UCB and CCBS) for every 100 active listings, measured on Saturdays. The ranges run from 0 Barren Desert (nothing under contract) to 1000+. Click a range in the legend to show only that range, click more ranges to add them, and click Show all ranges to see every range again.

It opens on the latest Saturday. Use the controls under the map to step a week at a time, pick any Saturday back to January 2011, or drag the slider. Press play to step through the weeks as a slide show at the speed you choose. ZIP codes with no active listings that week are left unshaded. The map is updated every week.

Hover over a ZIP code to see its ratio, its range, and the numbers of listings under contract and active.

Contract Ratios

About this chart

This chart shows the Contract Ratio for each week: the number of listings under contract (pending, plus UCB and CCBS) for every 100 active listings, measured on Saturdays. Each bar is one Saturday, colored by month. The shaded bands mark a Cool market (below 30), Warm (30 to 60), Hot (60 to 100), Frenzy! (100 to 200), and Insanity!! (above 200), and the line marks the highest week shown.

It opens on January 2023 to date. Drag the handles of the date slider under the chart to choose the weeks shown, as far back as January 2011. Click a month in the legend to hide or show its weeks. The chart is updated every week.

Hover over a bar to see the ratio and the numbers of listings under contract and active that week.

Days of Inventory

About this chart

This chart shows days of inventory each week: how many days the homes for sale would last at the pace they have been selling. Each Saturday, the number of active listings on ARMLS is multiplied by 365 and divided by the closings in the year to the day before. It leaves out UCB and CCBS listings and Coming Soon listings, counting active listings only.

The bars are each week’s figure. The green line is the average of the last 12 weeks; the orange line is the average of every week from the first one shown, so it changes with the date range. It opens on January 2014 to date; drag the handles of the date slider under the chart to choose the weeks shown, as far back as January 2011. The chart is updated every week.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Price Range boxes, the Dwelling Type, Transaction Type, and New / Resale boxes, and the home size and year built sliders; both the listings and the closings are narrowed the same way.

Hover over the chart to see the week’s figure, both averages, the active listings, and the closings in the year.

Median Cumulative Days on Market for Closed Listings

About this chart

This chart shows the median cumulative days on market of the homes that closed through ARMLS, one bar per calendar month of closing: half took longer to sell and half less. Cumulative days on market is ARMLS’s own count of the days a home was on the market. The median is less affected than the average by a few homes that sat on the market for a very long time.

It opens on the last four years; tick any year back to 2000 in the Year panel. The newest month is the month so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type (condo, mobile, single family), Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that month.

Weekly Cumulative Days on Market for Closed Listings

About this chart

This chart shows the average cumulative days on market of the homes that closed through ARMLS, by week of closing, with one line per year so you can compare the same point in the season. Cumulative days on market is ARMLS’s own count of the days a home was on the market. Weeks start on Sunday, with week 1 being the week that includes January 1.

It opens on the last four years; tick any year back to 2000 in the Year panel. The newest week is the week so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type (condo, mobile, single family), Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that week.