March 2012Arizona Regional Multiple Listing Service (ARMLS)

Presented by

Chad Hagenson

Solutions Real EstateEmail: azchad@gmail.com

New Listings 9,107

5.3% -25.8%from Feb 2012:

8,651from Mar 2011:

12,268

YTD 2012 2011 +/-27,673 35,262 -21.5%

5-year Mar average: 12,551

New Contracts 11,649

12.3% 7.4%from Feb 2012:

10,369from Mar 2011:

10,848

YTD 2012 2011 +/-31,945 28,369 12.6%

5-year Mar average: 9,300

Closed Sales 8,739

21.8% -11.5%from Feb 2012:

7,173from Mar 2011:

9,871

YTD 2012 2011 +/-22,344 23,429 -4.6%

5-year Mar average: 7,815

MedianSold Price

$129,900

6.0% 18.1%from Feb 2012:

$122,500from Mar 2011:

$110,000

YTD 2012 2011 +/-$125,000 $109,900 13.7%

5-year Mar average: $140,080

New Contracts Median Sold Price ($1,000s)

M A M J J A S O N D J F M A M J J A S O N D J F M

2010 2011 2012

6000

7000

8000

9000

10000

11000

12000

$105

$110

$115

$120

$125

$130

$135

Active Listings 12,895

Min12,895

Max58,755

5-year Mar average

12,895

39,648

Feb 2012 Mar 201115,054 35,949

Avg DOM 91

Min91

Max131

5-year Mar average

91

112

Feb 2012 Mar 2011 YTD92 113 90

Avg Sold toOLP Ratio

91.2%

Min82.9%

Max91.2%

5-year Mar average

91.2%

87.5%

Feb 2012 Mar 2011 YTD 92.4% 87.1% 91.6%

Copyright © 2012 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: ARMLS. Statistics calculated April 03, 2012.