| HomeSmart International | Jaci Jensen CNE CSSN HomeSmart International Glendale, AZ 602-993-6211 JaciJensen@agents.househunt.com | ![]() |
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Winter 2012 Market Update
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $450,000 - $499,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Glendale is | Increasing |
| Seller Activity for the past 90 days in Glendale is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | If it’s price well & in tip-top condition, yes, there are multiple offers. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | http://www.reuters.com/article/2012/01/18/us-usa-economy-mortgages-idUSTRE8030O920120118 |
| Housing Inventory | Limited Supply |
| Inventory Comments | http://www.azcentral.com/business/realestate/articles/2012/02/02/20120202foreclosures-hit-year-low-metro-area.html#ixzz1lcvDDy9r Hopefully, we’ll see more traditional sales. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Phoenix |
| Housing Hot Spots | Arrowhead Lakes located approximately between 51st AVE to 83rd AVE, then North of Bell to Happy Valley Road. |
| Average Sold Price | $150,000 - View Graph Trend |
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Jaci Jensen CNE CSSN
HomeSmart International
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