This representation is based in whole or in part on content supplied by the Santa Cruz County Multiple Listing Service, Inc. and it is for the monthly periods specified below. Neither the Association nor the SCCMLS guarantees or is in any way responsible for its accuracy. Content maintained by the Association or SCCMLS may not reflect all real estate activity in the market. Please read clarafications for the market summary charts.


The Number of Listings chart displays listings counts by status.

Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" of active listings on the 15th of the month. Rather than showing the number of all listings that were active at any time during the month, this chart displays a representation of the number of listings that were active on one day. A trend upward or downward from month to month can be established by using the same day of every month.

New listings: How many properties were put on the market during each month. It is the total number of listings newly added to the MLS system during the month. (All listings whose Listing Date falls within that particular month.)

Pended listings: How many properties have a sale agreement made during each month. It is the total number of listings that went under a sale contract (or, were "pended") during the month. (All listings whose Under Contract Date falls within that particular month.)
Note: if a listing was under contract, but the contract later fell through, the listing is no longer counted as pended during that month, and is left out of these statistics.

Sold listings: The total number of listings whose sales contracts were completed, or closed, during the month.


The Listings Prices chart displays median and/or average list prices and sale prices.

A median price is where half the prices are higher and half the prices are lower. *

List price refers to the current list price of a listing.

Sale price refers to the price a listing sold for, and is available only for sold listings.

Active listings are those which were active on a single day of the month, providing a "snapshot" of a day. A trend upward or downward from month to month can be established by using the same day of every month. The 15th of the month is used.

New listings are all the properties put on the market during an entire month.

Sold listings are all the properties whose sales contracts were completed, or closed, during the month.


The Absorption Rate, in Months chart shows how long the current inventory of properties would last at the current rate of sales.

If no new properties were added to the market, and sales continued at a steady pace, the Absorption rate indicates the number of months required to sell all the properties on the market.

Absorption rate is based on two numbers:

  • The number of active listings
  • The average number of listings sold per month for the previous n months.

The Sold to List Ratio chart displays the average ratio of sale price to original list price, in percentage.

Numbers below 100% indicate that, on average, properties sold for less than their original list prices. Numbers above 100% indicate that, on average, properties sold for more.

The ratio is calculated by dividing the sale price by the original list price.

  • Sale Price ÷ Original List Price

The Days on Market chart displays the average number of days that sold listings were on the market.

ADOM is Agent Days On Market, the number of days from the listing's begin date until it was sold.

If there were any days it was off the market (ex. temporarily withdrawn), then those days are subtracted.

If the property was taken off the market (but not sold) and was listed again by the same MLS member within 30 days, then the days it was previously on the market (as that same MLS member's listing) are added to ADOM.


The Price Volume chart shows the total value of all listings for each status.

Active list volume is the total list price value for all listings that were active on the 15th of each month. It is a "snapshot" view of active listings, and a trend upward or downward can be established from month to month.

New list volume is the total list price value for all listings that were newly added to the market during each month.

Sold sale volume is the total sale price value of all the properties whose sales contracts were completed, or closed, during the month.



Home Page | Santa Cruz Properties | Home Buying Advice | Home Selling Advice | Community Advice | Homeowners Advice | Real Estate News | My Listings | Agave Premier Listings | Free Customer Portal | Free Property Updates | What's My Home Worth? | Housing Market Conditions | Rural & Urban Community Development | Moving & Relocating | Finances & Taxes | Safety and Security | Gardening in the Desert | Agave Tidbits & Fun Stuff | The American Dream | My Real Estate Partners | Real Estate Request Forms | Monthly Newsletters | NAR Headlines | Explore Houselogic | RealtorĀ® Bio | Social Network Channels | Southern AZ Homes Mobile Site | Agave Land | Agave Multi-Family | Agave Rental | Agave Commercial for Sale | SouthernAzHomes Mobilizer | Agave Commercial for Lease
Site Map | E-Mail

Logo
Agave Premier Properties And Investments
1891 N. Mastick Way Suite B • Nogales, AZ 85621
Mobile: (520) 313-0352 • Office: (520) 281-4888
Email: ypalmer@AgavePremier.com
Fax: (520) 761-3307
Proudly Serving Santa Cruz County in Southern Arizona!

NogalesTubac