Notice of Trustee Sales by Month from 2006 to Q1 2012
A significant drop since Q1 2009
Notice of Trustee Sales by Month from 1996 - Q1 2012
We are reaching 2006 levels
PARADISE VALLEY PENDING FORECLOSURES
Paradise Valley has a similar cycle as Maricopa County, but is delayed
approximately 14 months
approximately 14 months
Delinquent Home Loans have dropped significantly and steadily since January 2010.
The Graph below shows ACTIVE Listings and includes Properties that have an Offer (AWC - Active, with Contingencies). Short Sales are usually AWC for a long period of time.
The Graph Below shows ACTIVE listings but EXCLUDES Properties that have an Offer with Contingencies (AWC) and therefore shows a much smaller amount of Short Sales.
The Graph below shows Active Listings over $3M in Arcadia, Biltmore, Paradise Valley and Scottsdale. At the time of this posting, there were 2 Bank Owned (REO) Properties, one listed for $9,995,000 that was AWC and one at $15,995,000 that was ACTIVE.
As of March 15, 2012 - the $9,995,000 property closed at $4.8M and the $15,995,000 has an offer and therefore is listed as AWC.
The Graph below shows Active Listings from $2M - $3M in Arcadia, Biltmore, Paradise Valley and Scottsdale.
The Graph below shows Active Listings from $1.5M - $2M in Arcadia, Biltmore, Paradise Valley and Scottsdale.
The Graph below shows Active Listings from $1M - $1.5M in Arcadia, Biltmore, Paradise Valley and Scottsdale. As we decrease in Price, Short Sales increase.
There are more REO's in the under $1M price range.
The Chart Below shows that the Weekly AVERAGE List Price/Sq. Ft. for properties that are Under Contract (have an offer) started to RISE in September 2011.
The Chart Below shows that the AVERAGE SALES Price/Sq. Ft. started to rise in August 2011.
