ReZamp Real Estate: June 2015 - City Market Hotness

Friday, June 5, 2015

June 2015 - City Market Hotness

Here is latest market hotness for Phoenix Market.  Several areas remain hot.  It is our opinion though that the market is cooling, we won't see the affects for another couple months.  But, retail buyers are backing off on making strong offers.  Investor buyers are still making too high of offers in our opinion.  Some may get burned in the next few months.


City
Actives
Pendings
UCB
RATIO
Youngtown
6
13
8
350.00
El Mirage
49
72
26
200.00
Avondale
162
151
60
130.25
Tolleson
70
66
20
122.86
Laveen
140
103
62
117.86
Red Rock
1
1
0
100.00
Miami
3
2
1
100.00
Golden Valley
1
1
0
100.00
Glendale
674
402
194
88.43
Tempe
387
191
118
79.84
New River
49
23
16
79.59
Buckeye
402
221
92
77.86
Gilbert
1063
540
280
77.14
Sun City West
205
108
49
76.59
Sun City
294
156
69
76.53
Arlington
4
2
1
75.00
Surprise
637
305
159
72.84
Phoenix
4015
1859
1019
71.68
Peoria
704
315
167
68.47
San Tan Valley
442
205
97
68.33
Mesa
1570
693
356
66.82
Chandler
971
397
243
65.91
Queen Creek
382
168
72
62.83
Sun Lakes
139
60
18
56.12
Arizona City
69
29
9
55.07
Goodyear
459
161
91
54.90
Maricopa
424
151
80
54.48
Waddell
66
24
11
53.03
Wittmann
48
17
8
52.08
Yuma
4
2
0
50.00
Humboldt
2
1
0
50.00
Cottonwood
4
2
0
50.00
Concho
2
1
0
50.00
Black Canyon City
12
4
2
50.00
Ahwatukee
4
2
0
50.00
Anthem
197
62
33
48.22
Apache Junction
237
80
34
48.10
Casa Grande
319
123
28
47.34
Litchfield Park
189
53
32
44.97
Morristown
18
3
5
44.44
Tonto Basin
7
3
0
42.86
Cave Creek
303
66
61
41.91
Desert Hills
12
3
2
41.67
Florence
201
48
29
38.31
Prescott Valley
38
10
4
36.84
Wilhoit
3
1
0
33.33
Snowflake
3
1
0
33.33
Paulden
3
1
0
33.33
Guadalupe
3
1
0
33.33
Coolidge
68
19
3
32.35
Scottsdale
3395
573
512
31.96
Strawberry
13
4
0
30.77
Eloy
41
12
0
29.27
Globe
22
5
1
27.27
Dewey
15
4
0
26.67
Fountain Hills
414
46
62
26.09
Mormon Lake
4
1
0
25.00
Congress
40
5
5
25.00
Rio Verde
83
16
4
24.10
Gold Canyon
217
30
22
23.96
Carefree
126
18
12
23.81
Star Valley
9
2
0
22.22
Yarnell
20
4
0
20.00
Pinedale
5
1
0
20.00
Payson
241
47
1
19.92
Paradise Valley
384
41
34
19.53
Tucson
16
1
2
18.75
Tonopah
55
8
2
18.18
Wickenburg
134
19
5
17.91
Prescott
164
24
5
17.68
Chino Valley
17
3
0
17.65
Salome
12
2
0
16.67
Pine
54
7
2
16.67
Gila Bend
6
1
0
16.67
Superior
25
4
0
16.00
Bisbee
20
3
0
15.00
Camp Verde
7
1
0
14.29
Flagstaff
197
18
9
13.71
Happy Jack
22
3
0
13.64
Munds Park/Pinew
8
1
0
12.50
Mayer
17
1
1
11.76
Peeples Valley
10
0
1
10.00
Kingman
10
1
0
10.00
Young
31
2
1
9.68
Pinetop
56
4
1
8.93
Lakeside
24
1
1
8.33
Overgaard
185
15
0
8.11
Munds Park
38
1
2
7.89
Sedona
17
0
1
5.88
Kearny
20
1
0
5.00
Crown King
22
1
0
4.55
Queen Valley
31
1
0
3.23
Heber
40
1
0
2.50
Show Low
102
2
0
1.96