Starting with the basic ARMLS numbers for February 1, 2019 and comparing them with February 1, 2018 for all areas & types:

  • Active Listings (excluding UCB): 19,040 versus 17,211 last year - up 10.6% - and up 9.8% from 17,339 last month

  • Active Listings (including...

Below is he Cromford® Market Index numbers for the single-family markets in the 17 largest cities in the Valley.  The Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active a...

The S&P/Case-Shiller® Home Price Index® numbers have been released for the latest sales period (August through October).This home price indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate bot...

The 4th Quarter is Seasonally the Best Time to be a Buyer

For Buyers:
Seasonally the 4th Quarter is the best time to be a buyer and this year is no exception.  Typically buyer contract activity is at its strongest from March through May and weakest between November and...

Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next month.

For the monthly period ending October 15, w...

Starting with the basic ARMLS numbers for September 1, 2018 and comparing them with September 1, 2017 for all areas & types:

  • Active Listings (excluding UCB): 16,222 versus 17,486 last year - down 7.2% - but up 3.4% from 15,686 last month

  • Active Listings (includ...

Starting with the basic ARMLS numbers for April 1, 2018 and comparing them with April 1, 2017 for all areas & types:

  • Active Listings (excluding UCB): 16,972 versus 19,810 last year - down 14.3% - and up 0.3% from 16,924 last month

  • Active Listings (including UCB...


For Buyers:
The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently landing between 26%-28%, yet another indicator of dwindling buyer negotiating power in a prolonged supply shortage....

Starting with the basic ARMLS numbers for March 1, 2018 and comparing them with March 1, 2017 for all areas & types:

  • Active Listings (excluding UCB): 16,924 versus 19,648 last year - down 13.9% - and down 1.7% from 17,211 last month

  • Active Listings (including U...

Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next 30 days.

For the monthly period ending February 15...

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Wow! 17% Spike in Contracts over $600K in August 34% of Homes Closed Over Asking Price

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