The Cromford Report

Greater Phoenix - Residential Resale

Membership...

Standard membership of The Cromford Report ™ requires a subscription, and provides you with access to detailed data and analytical charts.

Click subscriptions to find out more or sign-up.

The Cromford Report ...

is owned and produced by Cromford Associates LLC, an Arizona limited liability company managed by Mike Orr and based in Mesa AZ.

Mike holds a masters degree in Mathematics from the University of Oxford in England and spent 31 years in the computer industry, working for IBM, Amdahl, Splash Technology and the Santa Cruz Operation. In his most recent positions he was President of Tarantella and CEO of Mobilearia.

He first started investing in real estate in 1976 and left the computer industry to focus on real estate in 2002.

Contact

mike@cromfordreport.com

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.

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July 29 - Another Cromford Basic Training class has been scheduled for Aug 27 at 10am

The cost is $25 and all the fees will be donated to St. Mary's Food Bank.

Registration link:  https://cromfordbasics.eventbrite.com

July 28 - Butch Leiber is running two more of his very popular class: Understanding the Housing Market Featuring Data from the Cromford® Report

  • Thu, Aug 6 - 10am
  • Wed, Aug 12 - 9am

These provide 3 hours of CE credit (Agency Law) Contact Butch on butch@talkwithbutch.com to register for the classes

July 24 - Tina Tamboer has uploaded her latest Market Update presentation, containing lots of customized charts - you can download the PowerPoint file here. Highly recommended.

July 23 - Upcoming dates for Tina's presentations via Zoom:

  • Mon, Aug 3 - 10am - Security Title Market Update - Contact any Security Title Representative
  • Tue, Aug 4 - 9am - Millennial Title Market Update - eXp at the Forum - Contact brittani.sikorsky@mtaaz.com
  • Thu, Aug 13 - 10am - Launch Real Estate Market Update - Contact sean@azhomes.com
  • Thu, Aug 13 - 1pm - VIP Mortgage & Chicago Title Market Update - Contact crystle.mulzet@ctt.com or lizs@vipmtginc.com
  • Fri, Aug 14 - 10am - Luxury Home Tour - Contact shara@sharaterry.com
  • Mon, Aug 17 - 11:30am - BTG Virtual Mastermind - Contact tiffany.klem@magnustitle.com
  • Tue, Aug 18 - 2pm - Old Republic Title and Caliber Mortgage Market Update - Contact matt.ledoux@caliberhomeloans.com or dgawlitta@ortc.com
  • Wed, Aug 19 - 1pm - Clear Title - Contact Dane Briggs
  • Tue, Aug 25 - 2pm - Pioneer Title Market Update - Contact laura.dillion@ptaaz.com
  • Wed, Aug 26 - 2pm - Old Republic Title and Caliber Mortgage Market Update - Contact matt.ledoux@caliberhomeloans.com or khandeland@ortc.com
  • Thu, Aug 27 - 2pm - TAU Scottsdale - Contact clujan@ortc.com or matt.ledoux@caliberhomeloans.com
  • Fri, Aug 28 - 10am - Pinal Market Update - Security Title - Contact jeremy.eaton@securitytitle.com
  • Thu, Sep 3 - 10am - Chicago Title, Super Home Warranty, Advantage Inspections Market Update - Contact shawna.hovis-mayer@ctt.com, rslagter@1002@gmail.com or celeste@hellosuper.com
July 11 - Butch Leiber has added a new video to the Cromford® Report YouTube channel. This covers the Cromford® Market Index and how to interpret it. Here is the link: https://youtu.be/uEPd5RM-5yc

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.

Market Statistic
Reading
Extreme
Date
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?
  • 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.