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Phoenix Market Hotness by City – November 2015

Here is the Phoenix Market Hotness by City for November 2015.  We are seeing our normal Fall/Winter cool off and hopefully we heat back up for Spring time.

Analyzing a real estate market by the contract ratio is a key indicator in measuring how hot the market is. A “Normal” market has a contract ratio between 30 and 60. Markets with a ratio greater than 60 indicate a hotter market. It’s a simple stat that anyone can use to analyze the current market conditions.

Below are the hottest zip codes in Arizona. If you are thinking about investing, the market hotness will help determine if your home flies off the market or lags on the market for months.

Market Hotness by City for Phoenix is:

City

Actives

Pendings

UCB

RATIO

El Mirage

44

49

15

145.45

Youngtown

11

6

9

136.36

Tolleson

79

68

22

113.92

Avondale

178

124

50

97.75

Laveen

186

104

39

76.88

Glendale

665

310

153

69.62

Sun City

321

141

80

68.85

Sun City West

226

98

40

61.06

Mesa

1760

598

381

55.63

Gilbert

1066

369

210

54.32

Tempe

400

133

84

54.25

Buckeye

488

194

70

54.10

Chandler

1038

346

214

53.95

Surprise

710

267

115

53.80

Peoria

762

287

116

52.89

Phoenix

4449

1500

844

52.69

Queen Creek

427

157

61

51.05

San Tan Valley

479

146

96

50.52

Cottonwood

2

1

0

50.00

Sierra Vista

2

1

0

50.00

Snowflake

6

2

1

50.00

Waddell

56

17

11

50.00

Goodyear

489

156

68

45.81

Anthem

160

52

21

45.63

Maricopa

446

145

53

44.39

Dewey

16

7

0

43.75

Gila Bend

7

3

0

42.86

Sun Lakes

173

51

22

42.20

Wittmann

56

18

5

41.07

Prescott Valley

34

12

1

38.24

Coolidge

58

15

7

37.93

Litchfield Park

213

56

20

35.68

Casa Grande

344

88

29

34.01

Concho

3

1

0

33.33

Golden Valley

3

1

0

33.33

Taylor

3

1

0

33.33

Valley Farms

3

1

0

33.33

Apache Junction

302

68

28

31.79

Florence

230

55

14

30.00

Cave Creek

333

61

33

28.23

Morristown

22

3

3

27.27

Bouse

4

1

0

25.00

Fort McDowell

4

0

1

25.00

Miami

4

1

0

25.00

Munds Park

12

2

1

25.00

Paulden

4

1

0

25.00

Scottsdale

3374

447

388

24.75

New River

61

10

5

24.59

Fountain Hills

429

47

55

23.78

Black Canyon City

17

2

2

23.53

Forest Lakes

17

2

2

23.53

Tonopah

47

8

3

23.40

Arizona City

85

16

3

22.35

Arlington

5

1

0

20.00

Camp Verde

5

1

0

20.00

Strawberry

5

1

0

20.00

Lakeside

21

3

1

19.05

Happy Jack

16

3

0

18.75

Tucson

16

1

2

18.75

Heber

34

4

2

17.65

Peeples Valley

12

2

0

16.67

Desert Hills

19

0

3

15.79

Mayer

13

2

0

15.38

Prescott

151

16

7

15.23

Payson

205

28

3

15.12

Bisbee

20

1

2

15.00

Rio Verde

112

10

6

14.29

Congress

44

4

2

13.64

Crown King

22

3

0

13.64

Flagstaff

154

17

4

13.64

Pine

45

6

0

13.33

Sedona

31

1

3

12.90

Paradise Valley

388

29

21

12.89

Ahwatukee

8

1

0

12.50

Young

24

3

0

12.50

Eloy

67

8

0

11.94

Overgaard

143

16

1

11.89

Gold Canyon

267

20

11

11.61

Carefree

138

6

10

11.59

Globe

18

2

0

11.11

Kingman

9

1

0

11.11

Chino Valley

20

1

1

10.00

Star Valley

10

1

0

10.00

Wickenburg

167

11

5

9.58

Superior

21

2

0

9.52

Tonto Basin

12

1

0

8.33

Show Low

80

5

1

7.50

Aguila

16

1

0

6.25

Pinetop

52

3

0

5.77

Yarnell

22

1

0

4.55

The post Phoenix Market Hotness by City – November 2015 appeared first on ReZamp Blog.

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