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MAY 2014 MARKET REPORT MARICOPA COUNTY – PHOENIX AREA

15/07/2015

Expired & Cancelled Listing Analysis:
Nearly 3000 homes came off the market in May 2014 by expired or cancelled listings
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Sellers:
Sellers need to pay close attention to this number. May saw another dramatic increase in the number of homes that DID NOT sell while they were on the market – a 12 percent increase. 2,976 homes left the market without selling. This is the highest number we have seen in one month since June of 2011. The higher this number, the fewer sellers experienced success in selling their homes. This number shows how many sellers “gave up” on offering their homes for sale to potential buyers. Sellers should remain very focused on monitoring their local market to ensure that they are pricing homes competitively and offering terms that are appealing to buyers.
Buyers:
For buyers, be aware that there are 2,976 fewer homes available for consideration. At a time when buyers are still actively looking for homes to purchase, this statistic reveals the number of sellers that have not had success in finding a buyer. Continue to watch this trend, along with price, days on market, and list to sales price ratio as important indicators of what buyers need to do in order to be successful in closing on the home of their dreams.повышение лояльности клиентов магазина

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