January 2008 Market Statistics

These statistics are for the homes sold by members of the Southeast Valley Association of REALTORS® (SEVRAR). They will include sales of homes in the greater Phoenix area that were made by SEVRAR members. Even so, these statistics should be fairly representative of what is happening in the East Valley. Data is provided by ARMLS.

Are homes still selling? Yes, we are still selling homes. Does it take longer than it did in 2007? On average yes, however there is still variation by neighborhood and pricing competively is key.