HUGE Number of Single-Family Houses for Sale from 1,000 to 2,000 Square Feet in Size in Phoenix

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Number of Single-Family Houses Listed for Sale in Phoenix MLS

… from 1,000 to 2,000 Square Feet in Size.

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Top Tweets of the Week

John Wake @JohnWake

The number of luxury houses for sale hasn't increased much. Just noticed some luxury houses were taken off the market in the spring and summer, unsold. Will some of those luxury houses come back on the market with the high season (Jan+)? Will luxury listings increase then?

John Wake @JohnWake

Phoenix mortgage payments.

Ali Wolf @AliWolfEcon

Feeling the impacts of this on the ground. Similar trend when looking at pmt to income https://t.co/IRU3hGGoY3

John Wake @JohnWake

At a recent large gathering of Arizona real estate agents a rah-rah, inspirational speaker said, "You're a hope dealer."

John Wake @JohnWake

"Phoenix had the highest total returns in the past five years. New York had the lowest."

corelogic.comReturns from Price Appreciation Surpass Returns from Rent, But Not Over the Long Run.Looking at appreciation alone does not convey the full benefits of owning a home. This is more accurately measured by the sum of price appreciation and rental income flows—the total appreciation.

John Wake @JohnWake

Were the eviction moratoriums a big factor behind the skyrocketing rents last year? And were the skyrocketing rents a big factor behind the skyrocketing evictions this year?

youtu.beEviction filings in Maricopa County on track to surpass 2021Maricopa County’s justice courts are noticing a rise in eviction filings compared to 2021.

John Wake @JohnWake

Check out this story from AZ Central: After 2 deadly constable shootings, evictions hit 13-year high Metro Phoenix eviction filings hit a 13-year high in August. The increase corresponds with deadly Arizona eviction incidents this summer.

azcentral.comMetro Phoenix evictions hit 13-year high on heels of 2 deadly constable shootingsMetro Phoenix eviction filings hit a 13-year high in August. The increase corresponds with deadly Arizona eviction incidents this summer.

John Wake @JohnWake

Nick says if you're in a market with a lot of investors (like Phoenix) and you were planning to sell in the next couple of years anyway, he would suggest selling sooner rather than later. @nickgerli1

youtu.beThe Housing Crash Is Here (50% Drop in Sales) | Analyst Nick GerliWATCH PART 1 of this interview with Nick at https://youtu.be/N2NcF0Ru1CIThe housing market is tipping into correction before our eyes. Home sales are droppin...

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Click on the graphs to go to the full-size, interactive version.

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Notice how very small changes in New Listings and Solds eventually cause HUGE changes in the number of houses For Sale and house Prices (see graph above).

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This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.

• Phoenix Weekly Market Updates 2022

• Phoenix Weekly Market Graph (only)

• Long-term Phoenix real estate market graphs

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