Market Summary

Michael Orr b&w

Michael Orr
Journal Columnist, Founder and Owner, The Cromford® Report


Each month I highlight key statistics relative to the current market.

The chart below shows the change in dollar revenue by price range for closed sales during the first quarter of 2017 versus 2016. Not the explosive growth in the ranges from $100K up to $3 million, but the declines below and above this range.

orr chart 1

The chart below ranks the cities by annual average $/SF and notes the percentage change over the last year. Note that Scottsdale has overtaken Carefree.

orr chart 2

Michael Orr is the founder and owner of the Cromford® Report Michael can be reached at Sample of Cromford® Report data included with this article. See Introduction To The Cromford® Report course offered on May 10th.