From Michael Orr’s The Cromford Report,  the Market Snapshot:

“The table  below provides a concise statistical summary of today’s residential resale market in the Phoenix metropolitan area.

The figures shown are for the entire Arizona  Regional  area as defined by ARMLS. All residential resale transactions recorded by ARMLS are included. Geographically, this includes Maricopa county, the majority of Pinal county and a small part of Yavapai county. In addition, “out of area” listings recorded in ARMLS are  included, although these constitute  a very small percentage (typically less than 1%) of  total sales and have very little effect on the statistics.

All dwelling types are included. For-sale-by-owner, auctions and other non-MLS transactions are not  included. Land, commercial units, and multiple dwelling units are also excluded.”

Corresponding commentary summary, courtesy The Cromford Report.  Basic ARMLS numbers for November 1, 2013 relative to November 1, 2012 for all areas & types:

• Active Listings (excluding UCB): 23,330 versus 16,939 last year – up 37.7% – and up 15.4% from 20,215 last month
• Active Listings (including UCB): 26,123 versus 22,399 last year – up 16.6% – and up 12.8% compared with 23,151 last month
• Pending Listings: 6,047 versus 9,714 last year – down 38.2% – and down 8.0% from 6,576 last month
• Under Contract Listings (including Pending & UCB): 8,840 versus 15,245 last year – down 42.0% – and down 7.1% from 9,512 last month
• Monthly Sales: 5,992 versus 7,155 last year – down 16.3% – and down 6.7% from 6,420 last month
• Monthly Average Sales Price per Sq. Ft.: $124.09 versus $104.10 last year – up 19.2% – and up 3.1% from $120.31 last month
• Monthly Median Sales Price: $184,938 versus $151,000 last year – up 22.5% – and up a negligible amount from $184,850 last month