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SEAN NGUYEN, Associate Broker

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Phoenix Bank-owned homes (REOs) for sale

09-13-08
SEAN NGUYEN, Associate Broker

Currently we have approximate 1000 bank-owned residential lisings (REOs) in Phoenix.

Kellson Team offers free search for Phoenix REOs with detail information, photos, virtual tours where available, and free telephone support.

Search Phoenix REOs based on the following criteria:

- Price range
- Number of bedrooms
- Number of bathrooms
- Year built
- Subdivision
- Street address
- MLS #
- Zipcode
- Property sub-types

Search Phoenix REOs now!

Prepared by Sean Nguyen, Associate Broker as of 09-13-08
Disclaimer: Data obtained from SonThanh.Net. Information deemed accurate, but not guaranteed. Note: information does not include non-MLS private home sales.
Arizona Luxury Homes | Arizona Commercial Real Estate | Arizona Apartment Buildings | Arizona Land | Arizona Real Estate | Contact

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Phoenix Short Sales and REOs statistics 09-11-08

09-11-08
SEAN NGUYEN, Associate Broker

Date: 09/11/2008

Total active listings: 13,439

Short Sales listings: 803 or 6%

REOs listings: 2813 or 29%

Owner-agent listings: 646 or 4.8%

Prepared by Sean Nguyen, Associate Broker as of 09-11-08
Disclaimer: Data obtained from the Arizona Regional Multiple Listing Service (ARMLS). Information deemed accurate, but not guaranteed. Note: information does not include non-MLS private home sales.
Arizona Luxury Homes | Arizona Commercial Real Estate | Arizona Apartment Buildings | Arizona Land | Arizona Real Estate | Contact

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Litchfield Park homes sold faster :)

09-11-08
SEAN NGUYEN, Associate Broker

Phoenix Area Statistics
8/1/2008 To 8/31/2008
Residential real estate

Litchfield Park: ADOM = 64 days VS. Paradise Valley: ADOM = 142

For 8/1/2008 To 8/31/2008
City Active New Pend Sold Average
Sold Price 		Average
Sold ADOM
Ahwatukee 65 8 3 10 $ 299,191 98
Anthem 423 103 61 76 $ 268,113 70
Apache Junction 610 148 43 52 $ 146,228 87
Avondale 943 308 200 135 $ 169,297 75
Buckeye 1,230 354 144 121 $ 161,717 89
Carefree 154 21 3 4 $ 616,000 77
Cave Creek 530 109 46 38 $ 469,521 99
Chandler 2,104 630 337 322 $ 281,674 80
Fountain Hills 827 112 37 69 $ 351,587 83
Gilbert 2,228 667 344 362 $ 264,920 87
Glendale 2,368 711 365 282 $ 532,718 78
Goodyear 926 281 159 159 $ 211,502 72
Laveen 501 167 91 88 $ 206,113 70
Litchfield Park 461 117 48 55 $ 246,490 64
Mesa 4,250 1121 532 499 $ 190,748 74
Paradise Valley 503 82 15 18 $ 1,689,097 142
Phoenix 13,604 3647 1445 1303 $ 210,161 85
Queen Creek 1,883 617 347 374 $ 168,638 72
Scottsdale 5,670 1031 334 381 $ 524,901 116
Sun City 890 166 88 74 $ 153,638 129
Sun City West 518 83 37 25 $ 191,001 115
Surprise 1,767 527 284 288 $ 192,021 76
Tempe 998 226 99 129 $ 232,673 87
Tolleson 473 $ 108,010,973 $ 164,902 175 95 69

Prepared by Sean Nguyen, Associate Broker as of 09-11-08
Disclaimer: Data obtained from the Arizona Regional Multiple Listing Service (ARMLS). Information deemed accurate, but not guaranteed. Note: information does not include non-MLS private home sales.
Arizona Luxury Homes | Arizona Commercial Real Estate | Arizona Apartment Buildings | Arizona Land | Arizona Real Estate | Contact

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Phoenix Price Change Trend for August 2008

09-11-08
SEAN NGUYEN, Associate Broker

August 2008:
Phoenix Residential Price Change Trend
(include Phoenix residential listings only)

Avg Active Price Change Avg Active Price Change Pct
Aug/2008 $-39,303 -14.01
Jul/2008 $-42,635 -14.59
Jun/2008 $-44,913 -14.83
May/2008 $-46,590 -14.66
Apr/2008 $-48,099 -14.58
Mar/2008 $-48,522 -14.09
Feb/2008 $-48,984 -13.69
Jan/2008 $-48,143 -13.19
Dec/2007 $-46,450 -12.46
Nov/2007 $-44,700 -11.78
Oct/2007 $-42,093 -11.04
Sep/2007 $-40,579 -10.42
Aug/2007 $-38,547 -9.80
Jul/2007 $-36,908 -9.19
Jun/2007 $-35,674 -8.65
May/2007 $-34,088 -8.14
Apr/2007 $-33,192 -7.75
Mar/2007 $-32,567 -7.48
Feb/2007 $-32,355 -7.27
Jan/2007 $-31,808 -6.91
Dec/2006 $-31,109 -6.82
Nov/2006 $-29,874 -6.67
Oct/2006 $-29,120 -6.48
Sep/2006 $-29,035 -6.38

Prepared by Sean Nguyen, Associate Broker as of 09-11-08
Disclaimer: Data obtained from the Arizona Regional Multiple Listing Service (ARMLS). Information deemed accurate, but not guaranteed. Note: information does not include non-MLS private home sales.
Arizona Luxury Homes | Arizona Commercial Real Estate | Arizona Apartment Buildings | Arizona Land | Arizona Real Estate | Contact

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Phoenix Sold ADOM vs. Units for August 2008

09-11-08
SEAN NGUYEN, Associate Broker

August 2008:
Phoenix Sold Agent Days on Market (Sold ADOM) vs. Units
(Include Phoenix residential listings only)

New Units Active Units Sold Units New ADOM Active ADOM Sold ADOM
Aug/2008 3,607 13,948 1,305 36 142 90
Jul/2008 3,593 13,682 1,335 57 168 94
Jun/2008 3,496 13,776 1,213 79 190 105
May/2008 3,268 13,904 1,045 95 207 104
Apr/2008 3,418 13,990 954 112 221 110
Mar/2008 3,315 13,680 777 127 239 109
Feb/2008 3,065 13,352 614 144 253 111
Jan/2008 3,808 12,823 572 158 269 106
Dec/2007 2,119 13,203 626 175 291 110
Nov/2007 2,751 13,606 692 180 301 99
Oct/2007 3,251 13,721 750 195 309 102
Sep/2007 3,066 13,579 767 201 318 96
Aug/2007 3,490 13,438 983 209 322 92
Jul/2007 3,444 13,024 1,091 213 328 92
Jun/2007 3,436 12,791 1,246 221 329 92
May/2007 3,536 12,273 1,307 213 332 89
Apr/2007 3,568 11,683 1,308 222 334 88
Mar/2007 3,855 11,042 1,391 218 341 91
Feb/2007 3,144 10,414 1,212 218 349 93
Jan/2007 3,631 9,802 1,094 222 356 86
Dec/2006 1,986 9,945 1,348 225 381 83
Nov/2006 2,671 10,427 1,380 231 379 76
Oct/2006 3,310 10,515 1,483 234 378 74
Sep/2006 3,317 10,534 1,535 240 374 68

Prepared by Sean Nguyen, Associate Broker as of 09-11-08
Disclaimer: Data obtained from the Arizona Regional Multiple Listing Service (ARMLS). Information deemed accurate, but not guaranteed. Note: information does not include non-MLS private home sales.
Arizona Luxury Homes | Arizona Commercial Real Estate | Arizona Apartment Buildings | Arizona Land | Arizona Real Estate | Contact

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