After a few months absence, I’m back with Phoenix Area Home Market at a Glance. It gives you the most important information you need to know about the Phoenix area residential real estate market, all on one graph.
I hadn’t published the graph since July because the Arizona Regional Multiple Listing Service (the local MLS) made a major change to their Phoenix MLS statistical reports and I wasn’t sure how the old MLS reports jibed with the new MLS reports.
About the only change I’ve had to make in the current graph is to show only single family detached homes whereas the previous graphs showed “residential,” a rather imprecise term.
The change, however, works out well because I actually prefer showing only single family detached homes.
