Geography: Greater Phoenix

Contract Ratio

About this chart

This chart shows the contract ratio for the whole ARMLS market, all areas and all dwelling types, as one bar per month since November 2005, each the reading on the 1st of the month. It compares the listings under contract (Pending plus UCB / CCBS) with the active listings available: the higher the ratio, the stronger buying activity is relative to supply. The value axis is logarithmic, so equal steps up the axis are equal percentage changes; this keeps both the extreme years and today readable.

Hover over a bar to see the exact figure for that month.

Cromford® Market Index

About this chart

This chart shows the Cromford® Market Index for the whole ARMLS market, all areas and all dwelling types, as one bar per month since January 2001, each the reading on the 1st of the month. A reading below 90 indicates a buyer’s market, above 110 a seller’s market, and between 90 and 110 a balanced market. The value axis is logarithmic, so equal steps up the axis are equal percentage changes; this keeps both the extreme years and today readable.

Hover over a bar to see the exact figure for that month.

Active Listing Weekly Counts – Compared by Year

About this chart

This chart counts the homes listed for sale on ARMLS each week (on Saturdays), with one line per year laid out by week of the year, so you can compare this year with earlier years at the same point in the season.

By default it counts Active and Coming Soon listings; tick UCB / CCBS (under contract but still accepting back-up offers) or Temp Off Market in the List Status panel to include them. It opens on the last five years; tick any year back to 2011 in the Year panel.

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, List Status, Transaction Type, and New / Resale boxes and the list price, home size, year built, and days on market sliders.

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

Year-over-Year Percent Change in Supply

About this chart

This chart shows the year-over-year change in supply: the number of homes for sale on ARMLS each Saturday compared with the same week a year earlier, as a percentage. Above zero, there is more inventory than a year ago, which gives buyers more choice; below zero, less.

By default it counts Active and Coming Soon listings; tick UCB / CCBS (under contract but still accepting back-up offers) or Temp Off Market in the List Status panel to include them. It opens on the last four years; use the Period panel to show the last 2 or 8 years, everything since 2011, or chosen years.

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, List Status, Transaction Type, and New / Resale boxes and the list price, home size, year built, and days on market sliders.

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

Median List Price by Square Foot Range

About this chart

This chart shows the median list price of the homes for sale on ARMLS each week (on Saturdays), one line for each of 12 home-size bands from 1,000 square feet or less up to over 10,000. Comparing homes of similar size shows how asking prices are moving without the mix of sizes getting in the way.

By default it counts Active and Coming Soon listings; tick UCB / CCBS (under contract but still accepting back-up offers) or Temp Off Market in the List Status panel to include them. It opens on the last four years; use the Period panel to show the last 2 or 8 years, everything since 2011, or chosen years.

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, List Status, Transaction Type, and New / Resale boxes and the list price, home size, year built, and days on market sliders.

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

Active Listings by Size

About this chart

This chart counts the homes listed for sale on ARMLS each week (on Saturdays), stacked by home size in 12 bands from 1,000 square feet or less up to over 10,000. It shows which sizes make up the inventory and how that is changing.

By default it counts Active and Coming Soon listings; tick UCB / CCBS (under contract but still accepting back-up offers) or Temp Off Market in the List Status panel to include them. It opens on the last four years; use the Period panel to show the last 2 or 8 years, everything since 2011, or chosen years.

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, List Status, Transaction Type, and New / Resale boxes and the list price, home size, year built, and days on market sliders.

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

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.

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 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.

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 count for that week.