| Farrell Fine Homes | Echo Farrell Farrell Fine Homes Northeast Phoenix and Desert Ridge, AZ 480-227-7344 echo@azsonorahomes.com | ![]() |
| Market Commentary Provided by Echo Farrell |
| Report Date | Fall 2009 |
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Echo Farrell
Farrell Fine Homes Scottsdale, Arizona 480-227-7344 echo@azsonorahomes.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $350,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Northeast Phoenix and Desert Ridge is | |||||
| Seller Activity for the past 90 days in Northeast Phoenix and Desert Ridge is | |||||
| Is Financing Available For Qualified Buyers in Northeast Phoenix and Desert Ridge? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Tatum Blvd. & Deer Valley Rd. | ||||
| Reason to Buy/Sell | Good economic news | ||||
| Average Sold Price | $350,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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