Timescale: Short Term

Closings over List Price by ZIP Code

About this chart

This chart ranks ZIP codes by the percentage of their closings that closed over list price in the last 90 days, highest first. Each ZIP code is shown with the city most of its closings are in. A home closed over list price when its sale price was higher than its list price on its ARMLS listing; the amount over is the sale price minus the list price. A ZIP code with only a few closings can show 0% or 100%.

It covers the 90 days of closings up to the newest one; the heading shows the exact dates. Scroll inside the chart to see every ZIP code; a printed copy runs over as many pages as it needs. 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 percentage, the number over list price, and all closings in that ZIP code.

Closings over List Price by City

About this chart

This chart ranks cities by the percentage of their closings that closed over list price in the last 90 days, highest first. A home closed over list price when its sale price was higher than its list price on its ARMLS listing; the amount over is the sale price minus the list price. A city with only a few closings can show 0% or 100%.

It covers the 90 days of closings up to the newest one; the heading shows the exact dates. Scroll inside the chart to see every city; a printed copy runs over as many pages as it needs. 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 percentage, the number over list price, and all closings in that city.

Phoenix Urban Village Snapshot

About this chart

This table shows 38 measures of the market for single-family detached homes in each of 14 of the City of Phoenix’s urban villages, one village at a time. Pick the village from the box at the top. Rio Vista, the fifteenth village, has too few sales to include.

Each measure is shown today, a month ago, a quarter ago, a year ago, and two years ago, and earlier dates back to January 2018 can be chosen from the date box. The ST and LT marks compare today with last month and with last year, colored by whether the change favors sellers or buyers.

Urban villages are planning areas inside the City of Phoenix, so every home in them is also counted in Phoenix. Laveen Urban Village is not the same as the postal city of Laveen, and Paradise Valley Urban Village is not the Town of Paradise Valley.

Brand Listing Success Rate

About this chart

This chart compares how often the listings of each real estate brand sell, together with the median list price and average year built of the homes it lists. It covers listings added to ARMLS in the last two years, new homes and resales alike, and the success rate is the share of them that closed rather than expired or being cancelled.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. Brands with fewer than 200 such listings are left out.

Each listing is credited to the brand of its listing office, so all the offices of a franchise or brokerage count together. An office that does not belong to a larger brand is shown under its own name.

New-home builders and iBuyers list their own inventory rather than acting as an agent for a seller, and some brokers specialize in listing homes owned by institutional investors; all three tend to show unusually high success rates for that reason.

The bars rank every brand by success rate and then by the number of listings. Hover over a bar for the counts and median list price. The table below can be searched by brand name and sorted by clicking a column heading.

Office Listing Success Rate

About this chart

This chart compares how often each brokerage office’s listings sell. It covers listings added to ARMLS in the last 12 months, and the success rate is the share of them that closed rather than expired or being cancelled. Each listing is credited to its listing office.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. An office needs at least 50 such listings in the selection to appear.

Narrow the comparison with the County, Region, City, Dwelling Type, and Price Range controls; the City list follows the county you pick, and you can tick any combination of the 16 price ranges. New Construction lets you include or exclude homes built this year or in the previous two. The tiles show the totals and the overall success rate for the selection, as a yardstick for each office.

The bar chart shows the top 10, 25, 50, or 100 offices, ranked by success rate and then by the number of listings. The table below lists every office that qualifies; search it by office name or ID, and click a column heading to sort by it. Many brokerages have several offices with the same name, so the table shows each office with its ARMLS office ID.

Offices that list new homes for a builder, or homes for an iBuyer or an institutional investor, are listing their own client’s inventory and tend to show unusually high success rates for that reason.

Agent Listing Success Rate

About this chart

This chart compares how often each listing agent’s listings sell. It covers listings added to ARMLS in the last 12 months, and the success rate is the share of them that closed rather than expired or being cancelled. Each listing is credited to its listing agent.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. An agent needs at least 10 such listings in the selection to appear.

Narrow the comparison with the County, Region, City, Dwelling Type, and Price Range controls; the City list follows the county you pick, and you can tick any combination of the 16 price ranges. New Construction lets you include or exclude homes built this year or in the previous two. The tiles show the totals and the overall success rate for the selection, as a yardstick for each agent.

The bar chart shows the top 10, 25, 50, or 100 agents, ranked by success rate and then by the number of listings. The table below lists every agent that qualifies, with the office they listed through most often. Search it by name, agent ID, or office, and click a column heading to sort by it.

A high rate on a handful of listings means less than the same rate on many, so read the success rate together with the number of listings.

Cromford® Market Index by City – Gauges

About this chart

This page shows three gauges for one city: the Cromford® Supply Index, Market Index, and Demand Index at their latest reading, for single-family detached resale homes on ARMLS. It opens on Phoenix; pick any of the 34 cities from the list.

Each dial has three bands, below 90, 90 to 110, and above 110, and the needle takes the color of the band it points into. On the Market and Demand dials green is above 110 and red below 90; on the Supply dial the colors are reversed, because low supply favors sellers.

A Market Index below 90 indicates a buyer’s market, above 110 a seller’s market, and between 90 and 110 a balanced market.

Cromford® Market Index – Last 6 Months

About this chart

This chart shows the Cromford® Market Index for the whole ARMLS market, all areas and all dwelling types, every day over the last six months. A reading below 90 indicates a buyer’s market, above 110 a seller’s market, and between 90 and 110 a balanced market.

Hover over the line to see the exact figure for that day.

Price Range Market Snapshot

About this chart

This table shows 20 measures of the market for single-family detached homes in Greater Phoenix, for one list price band at a time, from under $300K up to $10M and over. Pick the band with the buttons at the top.

Each measure is shown today (the 1st of the month), a month ago, a quarter ago, a year ago, and two years ago, so you can see how that part of the market has moved. The ST and LT marks compare today with last month and with last year, colored by whether the change favors sellers or buyers.

It covers supply (active listings, UCB / CCBS, pending, days inventory, months of supply), demand (sales per month and per year, days on market, listing success rate, contract ratio), and pricing ($/SF of active, under contract, and sold homes, appreciation, sale price as a percentage of list, and dollar volume).

Average List Price per Square Foot – Two Month View – Daily

About this chart

This chart shows three average prices per square foot for the whole ARMLS market, all areas and all dwelling types, every day over the last two months: the list price of listings under contract, the final list price of the homes that closed in the month up to that day, and the price those homes actually sold for. The gap between the lines shows how far buyers are paying above or below the asking price.

Click the buttons above the chart to show or hide each line. Hover over the chart to see each figure for that day.