What’s Happening in the Peoria Market Today

Thursday, October 1st, 2009 | Money, Real Estate, Statistics | No Comments

Here are a few statistics on what is happening in the Peoria Arizona market.

Normal Sales     Pre-Forclosed     Bank Owned

Peoria Active Listings           41.67%                   44.8%                 13.53%

Monthly Sales                      27.91%                  25.58%                46.51%

$/SF Listings                      $153.23                    $87.29                 $89.50

$/SF Sales                         $103.08                  $88.29                   $75.37

Days on Market                   174                       127                         115

The sales to inventory shows there is 3.6 months of inventory. The market is considered a buyer’s market when the inventory is at least a 6 month inventory.  These statistics are provided by “The Cromford Report.” They are the most up to the minute information providers I have been able to find.

Tags: Peoria Arizona real estate market, Peoria real estate, west valley real estate