AZ Performance Realty - Monthly Market Report : simplebooklet.com

Provided by AZ Performance RealtyInformation from March 2025 MLSReport Overview:This report includes statistics since 2021 so that you can better monitor the trends we see with the market when compared to prior years.This report includes MLS data in Maricopa County only as providedby the FlexMLS system. I have also included an OVERALL summaryfor buyers and one for sellers to see how these trends impact the decisions that need to be made in response to the current market.Please note that searches fluctuate daily when running these reports;these figures were obtained on 04/06/25. For this reason, it is importantthat you meet with a real estate professional to see how statistics impact the area where you are considering selling or buying – blended statisticswill not be as accurate as a more detailed report that your real estate professional can provide to help you with your decision making.www.AZPerformanceRealty.com P: 602-330-3025 E: shannon@azperformancerealty.com

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Market Snapshot*** The last 4 WEEKS have been the most active 4 WEEKS in the past 3 years. Why? 14,883 Active Listings successfully transitioned to a ‘Pending’ status ***March Market Data Center:• Sale Price to List Price Ratio: 97.4%• Listing Success Rate: 74.0%• List Price Reductions: 11,689• Median Price Change Amount: $10,000.00• Percentage of Closings w/ Seller Paid Concessions: 47.0%• Median Concession Amount: $10,000.00• Months Inventory – All Property Types: 3.96 Months• Months Inventory – Single Family Detached: 3.32 Months• Annual Price Change – Resale: +3.3%• Annual Price Change per Square Foot: +5.4%• Annual Price Change – New Build: +4.4%NOTE: These statistics can vary greatly by price point and location. If you would like numbers specific to your home or market email Shannon@azperformancerealty.comProvided by AZ Performance RealtyInformation from March 2025 MLS

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The Cromford Market Index (CMI)Provided by AZ Performance RealtyInformation from March 2025 MLSThe Cromford Index (CMI) is a resource provided by the research team at the Cromford Report and available online at www.CromfordReport.com.On the next slide you will see the Cromford Index as of the day of the publishing of our Monthly Market Report as well as the Supply Index and the Demand Index.As a measure of Supply Vs Demand, the market is considered balanced when the Cromford Index reads 100. At an index of 100, housing prices rise at the rate of inflation. As the index drops below 100, supply exceeds demand and prices will adjust downward. As the index exceeds 100, demand outweighs supply and home prices will rise.The Supply and Demand Indexes are also balanced at 100. For Supply, anything less than 100, is the current supply as a percentage of what would be needed to maintain a balanced market. Example, if the Supply Index measures 70, the market currently has 70% of the available inventory of a balanced market. The opposite is true for an abundance of supply, >100.For the Demand Index, balanced at 100, anything over 100 is excess demand. Example, if the Demand index measured 115, the market’s current demand is 115% of what would be considered balanced or normal. The opposite is true for an absence of demand, <100.

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CMI Vs AppreciationProvided by AZ Performance RealtyInformation from March 2025 MLSThe Cromford Report Index (CMI) has been a leading indicator of the future value of Real Estate in Maricopa County for 20 years. With a baseline of 100; when the CMI is above 100, prices appreciate and when the CMI is below 100, prices adjust downward. The CMI hit a record high of 312 in April of 2005 and by August of 2005 year-over-year appreciation reached a whopping 45%. Today the CPI is in the ‘balanced’ range and where historically home prices will rise at the rate of inflationCMI 312.0Appreciation 45.0%CMI 79.5 CPI 2.8%Feb CPI 2.8%Appreciation +3.5%

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Total Market Analysis:Sellers:This report provides a detailed breakdown of homes in Maricopa Countybased on price...by determining the price range where your home SHOULD sell, you can see what the average list to sales price ratio is, the average days on market, and more importantly, the percentage of homes selling in that price range.It is important to spend time with your real estate professional to see how the shift in these statistics impacts the likelihood of your home selling in today’s market. Buyers:By reviewing the price range where you are purchasing, you can determine what the average home is selling for vs. list price. This should help you make better and more acceptable offers based on the current market. Provided by AZ Performance RealtyInformation from March 2025 MLSwww.AZPerformanceRealty.com P: 602-330-3025 E: shannon@azperformancerealty.com

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Summary CommentsImportant Information:Although these reports are beneficial in understanding the generalmarket in Maricopa County, it is essential that you meet withyour real estate professional to study these same figures in your area,as statistics will vary from neighborhood to neighborhood.We have entered an ever-changing market. Working with an experienced professional may be more important than ever. Let us help you navigate through the buying and selling process. We are here to help!Provided by AZ Performance RealtyInformation from March 2025 MLSwww.AZPerformanceRealty.com P: 602-330-3025 E: shannon@azperformanceRealty.com

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Thank You!!!Provided by AZ Performance RealtyStatistics from MARCH 2025 MLSTo ensure that you receive these market updates on a regular basis, please contact AZ Performance Realty at 602-330-3025Provided by AZ Performance RealtyInformation from March 2025 MLSwww.AZPerformanceRealty.com P: 602-330-3025 E: shannon@azperformancerealty.com