Now Is The Time To Buy!
| Buyer's Market | ||||||
|
Week |
1 |
2 |
3 |
4 |
5 |
6 |
|
# of Listings |
50 |
45 |
48 |
51 |
53 |
56 |
|
# of Pendings |
3 |
2 |
3 |
2 |
2 |
2 |
|
Sales Ratio |
6% |
4% |
6% |
4% |
4% |
4% |
| What is a Buyer's Market? | ||||||
| High inventory in relation to number of buyers | ||||||
| Good inventory selection for buyers | ||||||
| Sales are low in relation to number of listings = Buyer's Market | ||||||
| Seller's Market | ||||||
|
Week |
1 |
2 |
3 |
4 |
5 |
6 |
|
# of Listings |
33 |
28 |
28 |
20 |
28 |
15 |
|
# of Pendings |
27 |
26 |
27 |
26 |
24 |
28 |
|
Sales Ratio |
82% |
93% |
96% |
130% |
86% |
187% |
| What is a Seller's Market? | ||||||
| Low inventory in relation to number of buyers | ||||||
| Poor inventory selection for buyers | ||||||
| Sales are high with quick market time = Seller's Market | ||||||
| Balanced Market | ||||||
|
Week |
1 |
2 |
3 |
4 |
5 |
6 |
|
# of Listings |
45 |
49 |
51 |
48 |
49 |
48 |
|
# of Pendings |
21 |
22 |
25 |
23 |
23 |
23 |
|
Sales Ratio |
47% |
45% |
49% |
48% |
47% |
48% |
| What is a Balanced Market? | ||||||
| Balanced inventory | ||||||
| Average inventory selection for buyers | ||||||
| Sales are average = Balanced Market | ||||||
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Long Realty Partners
1011 North Val Vista Drive, Suite 101 • Gilbert, AZ 85234
Mobile: (480) 205-0171 • E-Fax: (480) 507-3224
