Phoenix Housing Market Report for October 2016

From ARMLS:

The monthly market report provides a timely view of what is happening in the residential market in the Valley. Unlike statistics compiled by other entities, it does not rely on data from third-parties delivered 30 to 90 days late. This report looks at sales and active inventory, including details on sales prices, listing prices, foreclosures, pending sales, distressed sales, Days on Market, Month Supply of Inventory with a short commentary.
Market statistics for all Valley communities are available at our website: go to the Seller tab to access detailed reports on sales prices, inventory and time on market. For a detailed market analysis on your neighborhood, call or email me anytime.