After 2 Full Weeks Of 2019

Dated: 01/18/2019

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January 16 - After 2 full weeks it is fair to compare closed sales counts with the same 2 weeks last year.

Across Greater Phoenix for all dwelling types we have seen 1,980 closings, down 14% from 2018.

By price range the changes are:

  • Under $250K - down 25.2% from 1,186 to 887

  • Between $250K and $500K - down 3.9% from 893 to 858

  • Between $500K and $1M - up 7.9% from 178 to 192

  • Over $1M - down 18.9% from 53 to 43

The range between $500K and $1M has been relatively strong.

The range over $3M was particularly weak with closings dropping from 7 to 3.

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Chad Arend

Chad grew up in the Phoenix area, and can't imagine living anywhere else. After working in finance for 6 years, he decided to make the move to real estate in late 2004. Real Estate runs in his family,....

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