Whats Happening In The Market

Whats Happening In The Market

December 17 - We are looking once more at the Cromford® Market Index for the single family market in the 17 largest cities.

 

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Here we see more evidence of the improving trend as we now have 8 cities that are more favorable for sellers than one month ago:

1Tempe

2Gilbert

3Chandler

4Mesa

5Paradise Valley

6Avondale

7Goodyear

8Buckeye


We note the the Southeast valley is providing the lion's share of the improvement.

Most of the cities that have deteriorated for sellers have not done so to a large degree. However 3 are still showing a significant decline: Fountain Hills, Maricopa and (surprisingly) Surprise.

We expect to see even more green markers when we repeat the exercise next week.






 



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Phone: 480-332-6468
Dated: December 18th 2015
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