Carnac The Magnificent delivers the Phoenix real estate market report – October 2019 like only Carnac can. He, in his divine ways, is able to ascertain the market trends with a quirky and enlightening twist.

📣 Carnac’s Greater Phoenix Housing Market Predictions october 2019


Carnac's Commentary Transcript
This is the Phoenix real estate market report for October, 2019 now, today’s report is going to be presented by a special guest Carnac the magnificent, but before we go there, welcome to my YouTube channel. I’m Phoenix real estate agent John Cunningham with eXp Realty. And if you’ve got real estate questions, we’ve got real estate answers right here on YouTube. Every Thursday I upload a new video, so if you’d like to stay the know, hit that subscribe button, and click on that little notification bell. That way I can let you know when my next video goes live.

[inaudible]

Carnac. Today we have a special special audience who is eager and anxious to hear and see your divine wisdom.

Sim Salla Dom. Now I have in my hands the envelopes which have been hermetically sealed and kept in a mayonnaise jar on Doug Ducey’s porch since noon today. Now, no one knows the contents of these envelopes, but you and your incredibly divine way will ascertain to its content without ever having seen the questions before. Isn’t that right, sir? Cunningham! What the heck happened to your hair? Has your wife seen that you should have gone to Carnac’s Barber. I now hand you the hermetically sealed envelopes of which only you know its contents. That’s true. That means that no one could even open it up even if they wanted to except you. But that’s impossible. Oh wait. Of course that’s what I’ll do. May I have absolute silence while I divine the answers to the questions and these envelopes, which had been her hermetically sealed. It’s so hot in Phoenix that trees are whistling for dogs. 7.5% = median sales price increase from last year.

18% = The number of active listings for sale compared to this time one year ago. UCLA. What happens when there isn’t any smog? 15% = the percentage below asking price that home is priced over $1 million are selling 4.8% that’s a funny number. Carnac doesn’t like that number. The percentage over asking price that home’s priced between 200,000 and $250,000 are selling for almost 1% above the asking price. That should tell you something you don’t even need Carnac to decipher that. 81.6% = the amount that the average home value has increased since the year 2000. A thief,

thief =

What do you call a Phoenix Suns player with their championship ring?

Ouch!

Phoenix metropolitan housing market prediction. Will withstand a storm at the US bases a moderate economic downturn. I hold in my hand the final envelope. Hurry up,

hurry up.

Name a drink that’s made with seven up and prune juice. Ladies and gentlemen, Carnac the magnificent

Today’s Phoenix Real Estate Market Report – October2019 is packed with graphs, charts, and commentary provided by the omnipotent and insightful Carnac The Magnificent. Carnac delivers over and over again with supreme accuracy. Listen and watch as Carnac reveals today’s hidden secret market facts. See the charts below for more details.

👀 See What Homes in Your Neck of the Woods are Fetching

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🗓 Months of Supply

Phoenix AZ - Months Supply Oct 2019

⏳ Days on Market

Average DOM - Phoenix Real Estate October 2019

📊 Volume of Annual Sales

Annual Sales Rate - Phoenix Arizona Housing - October 2019

🦃 Monthly Annual Sales Price Per Square Foot

Average Monthly Sales Price per square foot - Phoenix Arizona - October 2019

🏘 Active Number of Listings in Phoenix -Years Compared

Active Listings in Phoenix AZ - October 2019

💲 Average List to Close Price

List Price to Sales Price per square foot - Phoenix Home Sales - October 2019

📈 Real Estate Statistics: National Stats

Real Estate Statistics - National Stats _ US Map

 

 

 

 

 

 

 

 

 

 

 

 

 

Highlights – by NAR

  • First-time buyers made up for 31 percent of residential property sales (31% in August 2018)
  • Cash transactions represented 19 percent of home sales (20 percent in August 2018).
  • 21% percent of sellers offered incentives – examples: chipping in for closing costs (9 %), buying a home warranty (8 %), and undertaking remodeling (4 %).
  • REALTORS® say “low inventory” and “interest rate” are the main things impacting transactions in August 2019.

For more details on the National Association of Realtors® report visit their site.

 

💰 Average Sales Price for Condos

Monthly Average Sales Price for Phoenix Condos - October 2019

 

📆 Months of Condo Inventory Supply in Greater Phoenix

Phoenix condo inventory - October 2019

⌚️ Average Time on Market for Condos in Greater Phoenix (over the last 5 years)

Average Days to sell a Phoenix condo - October 2019

 

Thank you for stopping by to get the Phoenix Real Estate Market Report – October 2019.

Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.

See Additional Reports on the Phoenix Real Estate Market

Here’s the most recent home listings just added to the database in the average price range for Phoenix.

All homes here are priced at $300,000 or less.

 

Available Homes in Greater Phoenix Under 300K


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