The count for March’s Notices of Trustee’s Sales in Maricopa County was 1720. Not a record beater, but certainly within sight of the summit.

Click to view full size

MC Trustee’s Sale Notices (1995-Present)
Mean929.5
Median819
Mode746
Standard Deviation306.2041743
Range1256
Minimum482
Maximum1738
Sum135705
Count146

The daily average in March (78.18 Notices recorded per day) was also not a record beater.

<img style=“display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;” src="/images/DailyAvgMar07.jpg" border=“0” alt=“Click for full-sized image"id=“BLOGGER_PHOTO_ID_5048174691379040498” />
Here’s an interesting chart I threw together based on sales data I pulled from the Arizona Regional Multiple Listing Service. The take-away from it is that, clearly, the inventory of unsold homes in the Phoenix area has been increasing for quite a while, now. The words “downward pressure” come to mind.

<img style=“display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;” src="/images/listingsales.jpg” border=“0” alt=““id=“BLOGGER_PHOTO_ID_5048176301991776514” />


Historical Comments

Unknown (2007-04-01):

"not a record beater" --

So F'ing what?

It's coming, dude!

Einzige (2007-04-01):

Damn!

Calm down, mofo.

I wasn't saying it to be snide. I was just pointing it out.

For the record, I tend to agree that the numbers will continue to rise--though I would say that I lack the confidence in this prediction that you seem to possess.