<<< back to article list

Aviano Arizona Real Estate - Numbers


  • +1

Blog by Doug Ingersoll | October 10th, 2013


This is the form appraisers look at to determine direction. This is just on Aviano. Observations: 1. sales seem to have slowed. There were 39 or almost 20 per quarter 10.2012 to 4.2013 and only 13 and 12 in the most recent quarters. 2. Total number of active listings is higher. 3. This pushes absorption rate down – how quickly our Aviano market can digest and clear out a listing. Higher is better. 4. So months of supply jumps. 5. Compare median sale price to median list price. Our market has made up most of the losses we took. Just my opinion but as we move forward price appreciation will moderate substantially but it will still improve.

Fannie Mae 1004MC Statistics

Inventory Analysis

Prior 7-12 Months
10/10/2012 - 04/09/2013

Prior 4-6 Months
04/10/2013 - 07/09/2013

Current - 3 Months
07/10/2013 - 10/10/2013

Total # of Comparable Sales (Settled)

39

13

12

Absorption Rate (Total Sales/Months)

6.50

4.33

4.00

Total # of Active Listings

7

8

19

Months of Housing Supply (Total Listings / Ab. Rate)

1.08

1.85

4.75

Median Sale & list Price, Dom, Sale/List %

Prior 7-12 Months

Prior 4-6 Months

Current - 3 Months

Median Comparable Sale Price

500,000

615,000

575,000

Median Comparable Sales DOM

51

27

42

Median Comparable List Price

569,000

579,950

725,000

Median Comparable Listings DOM

119

119.5

78

Median Sale Price as % of List Price

99 %

100 %

98 %