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Jo Ann Webley CRS, CDPE, CLHMS
Direct: 602.579.5300



Cheryl Martin ABR, CDPE,
REO Certified
Direct: 602.619.5300

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Real Estate News


Number of homes for sale in December up just 1 percent from year ago

Tue, 21 Jan 2014 14:00:05 | Category:

   


The total number of U.S. homes on the market fell 6.2 percent from November to December, to 1.73 million units, days on market was up 11 days to 112, and the median list price declined from $197,700 to $194,500, realtor.com operator Move Inc. reported today.

To some degree, those numbers reflect the seasonal slump that’s seen every year. But realtor.com said listing inventories are up just 1 percent from a year ago — modest growth considering all the rhetoric about a housing recovery.

Looking back a year, median list price was up 8.1 percent and days on market was down 5.1 percent — more convincing evidence that a recovery is underway, at least in many markets. Only 14 of the 142 markets tracked by realtor.com showed year-over-year declines in average list price. Source: realtor.com.

Copyright 2014 Inman News

Author: Inman News

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© 2017 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information deemed to be reliable but not guaranteed. Real estate listings held by brokerage firms other than RE/MAX Alliance Group are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Only IDX residential listings are displayed on this site. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. Information last updated on 2017-07-20.

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Jo Ann Webley & Cheryl Martin
Your Double Agents

RE/MAX Alliance Group
The Premier Office
725 W Elliot Rd., #111
Gilbert AZ 85233


Jo Ann Webley
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CRS, ABR


Direct: 602.579.5300
JoAnn@YourDoubleAgents.com


Cheryl Martin
ABR, REO Certified

Direct: 602.619.5300
Cheryl@YourDoubleAgents.com

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Jo Ann Webley & Cheryl Martin - "Your Double Agents"
RE/MAX Alliance Group - 725 W. Elliot Rd., #111 Gilbert, AZ 85233 | Contact 602.619.5300