Weekly Market Stats
Gain insight on the Current Local Market Stats – Concentrating on Maricopa County & Statistics from Michael Orr & The Cromford Report.
Market Pulse | Maricopa County
1. CROMFORD REPORT SNAPSHOT
The Cromford Report speficially focuses on Arizona. Michael Orr has a wealth of knowledge & provides excellent data when it comes to Leading Market Indicators & understanding the Local Market. He focuses his detail & data only the Arizona Housing Market, to provide Agents, Lenders, Title Companies & Consumers the most up to date powerful Local Information FOCUSING on pure data available.
2. CROMFORD MARKET INDEX
Cromford Market Index™ is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer’s market, while values above 100 indicate a seller’s market. A value of 100 indicates a balanced market.
Anything over 110 is considered a seller’s market. 110 to 90 is considered a balanced market. Below 90 is considered a buyer’s market.
3. WEEKLY MARKET STATS | ARMLS | MARICOPA COUNTY
Data provided directly from the ARMLS specifically broken down to inventory levels for Maricopa County. This is includes the current inventory for the following property types:
- Single Family Homes
- Condo | Townhome | Patio Home | Lofts
- Mobile Home | Manufactured Homes
- Inventory Level by Days | Month
- Average Days on Market (Active Listings)
- Average Days on Market (Sold Listings)
- Listing Price to Closed Sale Price
Local Market Updates
Insights and Trends from Your Local Market.