The Cromford® Report provides detailed information to track the history and current status of the Greater Phoenix residential resale market and offers unique insight into its future direction.
Updated daily and usually published online within a few hours, this site is intended for anyone interested in the state of the market and how it affects their investments and livelihood. Our goal is to present data that is timely, informative and easy to understand - data not available anywhere else in this level of detail or immediacy.
|Snapshot||City Ranking||Dashboard||Daily Observations||News & Commentary||Infographic||Cromford Index|
September 22 - A new video is available, illustrating how to use the Listing Presentation Dashboard with your clients. Use THIS LINK to view it.
September 20 - Butch Leiber is running a Cromford Report class at 10 a.m. on September 27 at Old Republic Title's Biltmore office. This is to help subscribers understand how to use the Cromford Report to generate more business.
Please register at this URL: bit.ly/ortcCromford
If you cannot make this date please contact Butch (email@example.com) for details of the next class in October (date to be determined).
August 16 - The Agent Production table has been updated to August 14.
August 15 - Cromford® Public has been enhanced to include a chart showing the percentage of home sales by intended use stated on the Affidavit of Value. This chart is based on recorded deeds in Maricopa and Pinal counties and allows you to track the percentage of sales to inventors or to iBuyers as well as primary residences and second homes. A few sales have unknown intended use because Affidavits of Values are not required for trustee deeds. If you have a subscription to Cromford® Public, please go here to request the new chart.
July 30 - The Agent Production table has been updated to July 28.
July 14 - Mike Orr is on vacation and off-the-grid from July 14 to July 23. Please contact Tina Tamboer if you need any assistance. Her number is 480-250-0587 and her email is firstname.lastname@example.org.
July 7 - We have added a tab to the Tableau chart showing List Price versus Sales Price. The new tab shows the median percentage of list price achieved by closed sales. Filters are available for Dwelling Type, Transaction Type, County, City and ZIP Code.
June 2 - Tina Tamboer has created a video analyzing the issues of affordability in 2018 versus the peak of 2006. You can download it here.
You can also download the accompanying slides as a Powerpoint file here.
March 26 - We have added 3 fix and flip analysis charts to Cromford Public
- Monthly median acquisition and sale prices
- Gross percentage gain map
- Median value by city
March 25 - We have added a Tableau chart covering seller paid or assisted closing costs.
March 13 - We have added the year 2006 to the ZIP code charts showing the annual average price per square foot and the annual median sales price. This is intended to allow users to compare the current price levels with the peak during the bubble years. Although some ZIP codes peaked in 2007 and 2007, the majority peaked in 2006. The writing was on the wall long before the financial collapse of 2008.
February 10 - Mike Orr is taking a week of vacation between Feb 10 and Feb 17 to cruise the English canals with his family. He expects that internet connections via mobile phone will be a little spotty. Tina Tamboer, who just returned refreshed from a long weekend skiing, will be manning the fort and is recommended as your main contact on email@example.com or 480-250-0587 for all things Cromford. Normal service will be resumed on February 17 when both of them will have a good internet service again.
January 30 - An Agent Production Table is now available for 2018 - year to date - you can find it here.
January 28 - An Agent Production Table is now available for 2017 - you can find it here.
January 20 - A comprehensive Powerpoint presentation - Year in Review - has been added to the Downloads section.
In addition a video using these charts is available in our Video section.
January 19 - More education is now available. One on one help is now available for a modest fee from Michael Murriett. Michael can advise you how to use Cromford Report content on social media and apply your own branding or watermarks. Please contact Michael for details at firstname.lastname@example.org
January 5, 2018 - We are removing some of the charts focused on distressed sales since these are such a small percentage of the market these days. We will re-introduce them at a later date if distressed sales start to become an issue again. If this is a problem for any subscriber please let us know. However we thought that the time spent keeping them up-to-date can probably be better spent on creating new and more topical charts.
Left to right:
- Asel Nelson, Tina Tamboer, Mike Orr, Sophie Orr
The content of the Cromford® Report is provided on a subscription basis to ARMLS subscribers. To access it for the first time you need to sign-up and obtain a user ID and password.
ARMLS Subscription - if you are already an active subscriber to the Arizona Regional Multiple Listing Service
Please click on the underlined link above to sign-up.
If you are already signed-up you may select any part of this site from the menu at the left and then enter your user ID and password when prompted. You can also manage your account, log-in or log-out from the Subscriptions tab on the left.
If you ever have difficulty logging in, please try the Subscriptions -> Log-In menu item at the top left.
|Annual Growth in Pending Listings||-42.9%||record low||1/18/14|
These are based on the current millennium (2001 onwards). The figures shown are for the entire ARMLS area and all dwelling types are included. For-sale-by-owner, auctions and other non-MLS transactions are not included. For more detailed information on record highs and lows please see the Extremes section.
The Cromford® Report is designed to help you answer your questions about the Greater Phoenix residential real estate market. For example:
- How does today's market compare with the same time last year?
- Which price range is selling fastest over the last month?
- In which city are REO buyers most active right now?
- Which is the cheapest area to buy a resale home?
- How long is it taking to sell a home in my ZIP code?
- What is the balance of supply and demand for resale homes in my city?
- What proportion of homes for sale are short sales or pre-foreclosures?
- Where are prices changing fastest?
- What percentage of listings are finding a buyer before they are canceled or expire?
- Are today's list prices realistic compared with achieved sales prices?
You can find tools to help you answer all the above questions, and many more, within the Cromford® Report web-site.