Homes sold on the decrease while the number of listed homes grows

By Brian Petersheim at Monday, October 21, 2013 , in category

Hot off the press!

I have seen the increase and decrease with my own eyes, just was not sure of the extent of the numbers.
ARMLS (Arizona Regional Multiple Listing Service) which tracks every home listed by agents. Numbers not included would be private sales and for sale by owners.

I have noticed a decrease in my showings even the ones that are priced to sell quickly.
Here is a graph showing the slowdown of sales....

The second graph shows the increase in listings versus last month and last year

If you are not working with an agent or your agent is unaware of the changes in the market, find someone that is...

Brian Petersheim
Realtor-HomeSmart Success