Jan 26 2016 Market Update

Jan 26 2016 Market Update

The rise in listings under contract in 2016 has been under-whelming so far. Comparing the last seven years for normal listings across Greater Phoenix we see the following growth since Jan 1 and Jan 24:

  • 2016 = 21.2%

  • 2015 = 29.9%

  • 2014 = 33.6%

  • 2013 = 34.9%

  • 2012 = 36.1%

  • 2011 = 27.4%

  • 2010 = 20.3%

  • 2009 = 18.0%

Surprisingly 2016 is the weakest start to the year since 2010.

2010 and 2009 did see strong growth in listings under contract, but this was confined to the lender owned listings that dominated the supply at the time, not normal listings which were badly neglected.


Dave Zajdzinski Headshot
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Phone: 480-332-6468
Dated: January 26th 2016
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