Days on Market

Chandler Homes continue to sell quickly

The obvious seasonality not withstanding (when homes take longer to sell every year), homes have continued to sell quickly in Chandler, where the Median Days on Market has hovered in the mid-30s for most of the last couple of years.

Chandler is a pretty good place to be a seller. Clean ‘em, stage ‘em, and watch ‘em fly off the shelves!

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Tempe shows stability for time on market

The Median Number of Days on the Market was 35 days for homes sold in Tempe last month. This was up just a day YoY from 34 days last May. The seasonal pattern shows longer times to sell in the fall/winter and shorter times in the spring/summer, but otherwise the market has been mostly consistent over the last few years.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Gilbert homes continue to sell quickly

Last month we saw that prices continued to rise in Gilbert; this month we can see that Gilbert homes are still selling quickly. The median Days on Market for homes sold in April was 37 days, up 12% from last year’s blistering 33 days, and equal to the marketing time from April ‘17.

The trend is following the same seasonal pattern as the last couple of years, although Feb, Mar, and Apr all had a few days more on the market than the same months in 2018.. Is the market cooling off at all? Or was 2018 just a really “hot market” year?

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Glendale homes sitting on market longer

We’ve seen recently that prices in Glendale have continued to rise over the last few years. However, comparing February’s sales activity with the last few Februarys’ shows a sobering trend - the median number of days on the market for February sales has risen from 45 in Feb ‘16 to 51 days last month.

A modest 13% increase over the course of 3 years can’t be considered a “market slowdown”, especially since prices have increased during that time frame. However, it’s definitely something to be aware of and to keep our eyes on.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Laveen Homes Sold Quickly in January

The Median number of days a home was on the market for sale in Laveen was a scant 41 days in January. That’s a 24% reduction from Jan 2017, and the lowest time on market in recent history (the chart dates back to 71 days in 2014.)

If this is the slow time of year, and Laveen’s market is already heating up, look out come springtime..!

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.