Mario Romero
The Romero Team - The Melcher Agency  

 

Phoenix Metro Real Estate News

 

 

Phoenix Az, Resale sales analysis vs listing inventory through November

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This entry was posted on 1/2/2007 2:58 PM and is filed under Statistics.

RESALE SALES

 

ARMLS-reported sales for November dropped only slightly from the October sales figure with a decrease of 249 sales.  On an annually adjusted basis sales were down 2,030 or about 27% from November 2005.  November sales quantity is typically very similar to those for October, so this quantity is not abnormal based upon the calendar cycle.  In this normal calendar cycle, sales tend to be highest in the summer and then gradually taper off over the next few months before resuming the climb during the first quarter of each year.  The winter months are consistently the lowest in sales.  In-depth Analysis

 

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