Youngim Winston Realtor, 김영임 부동산

09/02/2025

07/11/2022

Valley Housing Market is Cooling
July 10, 2022 by youngwinston

As the market continues to cool, we’re finally seeing a housing market that is becoming more balanced giving both the buyers and sellers equal leverage during contract negotiations. Below are some current market data from the Cromford Report™ for the greater metro Phoenix area as of 7/10/2022.

Active Listings – 15,870

The typical supply for the Metro Phoenix area is around 27,500. Last month we are at 11,059 and 6,689 a year ago. While the increases we’re seeing are significant, keep in mind that we’ve been at historical lows.

Months supply – 2.2 Months

The typical supply for the Phoenix metro area is around 4.3. Last month we were at 1.3 and 0.7 a year ago.

Average Sales Prices as a % of List – 99.51%

Last month the ratio was at 101.17% and 101.76% a year ago.

Median Price – $465,500

Last month the price was $475,000 and $398,000 a year ago.

Contract Ratio – 53.3

The contract ratio indicates how hot a market is. The current ratio of 53.3 means for every 100 homes for sale, 53.3 were under contract. In a balanced market, the contract ratio usually falls between 30 to 60. Anything above 60 is considered a hot market and anything below 30 is considered a cold market.

Lender Owned % Sales – 0.1%

The ratio of lender sales continues to be a tiny percentage of overall sales.

06/04/2020

Luxurious 5000+ sf estate sized home with 5 bedrooms & 3.5 baths located in the desert peak community of North Phoenix. Must See!

Luxurious 5000+ sf estate sized home with 5 bedrooms & 3.5 baths located in the desert peak community of North Phoenix. This amazing property has it all. Home opens to soaring ceilings and features a formal dining/living area, gourmet kitchen with over-sized island and opens to family room with fire...

02/05/2019

https://youtu.be/LPR5I99tVE8

Why do you need to understand what a FICO® Score is and how it’s used? Because it’s the credit score most commonly used by U.S. lenders. Every day, thousands...

01/14/2019

https://www.forbes.com

2019 Real Estate forecast.

The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers. In recent months, though, things have started to shift from seller to buyer. Will these trends continue? Here's what experts predict for the 2019 housing market.

12/10/2018

ZooLights: Enjoy the Show! - Phoenix Zoo

ZooLights is a magical event that will illuminate your holiday season. The nightly evening viewings feature millions of lights, hundreds of sparkling displays throughout the zoo and more activities and performances. Check the zoo's website for details on special entertainment on certain nights and p...

12/03/2018

Check it out Shabu Shabu Restaurant All You Can Eat !

Hinoki Box or Traditional Shabu? Our daily challenge: highest quality ingredients according to traditional shabu freshly interpreted and served with a lot of passion for the guest! Enjoy steamed Hinoki and traditional shabu. We are very pleased to welcome you as guests in JIN SHABU. Go to menu Popul...

12/03/2018

BEAUTIFUL HOME IN HIGHLY DESIRABLE MCDOWELL MOUNTAIN RANCH*NEW PLUSH CARPET*FRESHLY PAINTED INSIDE AND OUT *HOME SHOWS LIGHT, BRIGHT & AIRY* NICE SIZE SIZE MASTER SUITE DOWNSTAIRS W/ WALK-IN CLOSET*KITCHEN ISLAND* GAS STOVE & BREAKFAST EATING AREA AND FAMILY ROOM W/BLT-IN ENT CENTER*UPSTAIRS OFFERS....