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ValleyMLS WMA 2022-02-07
ValleyMLS WMA 2022-02-07
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.
New Listings
A count of the properties that have been newly listed on the market in a given week.
250
12/4/2021 329 + 20.5% 23 + 27.8%
12/11/2021 255 + 7.6% 10 - 50.0%
200 12/18/2021 259 + 5.3% 32 + 100.0%
12/25/2021 164 + 13.1% 5 + 25.0%
150
1/1/2022 170 + 5.6% 3 - 76.9%
100 1/8/2022 247 - 11.5% 11 - 45.0%
1/15/2022 333 + 12.1% 12 + 20.0%
50
1/22/2022 304 + 21.6% 19 + 280.0%
450
400
350
300
250
200
150
100
50
0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 2
Pending Sales
A count of the properties in either a contingent or pending status in a given week.
250
12/4/2021 238 - 2.5% 11 - 21.4%
12/11/2021 267 + 6.4% 11 - 8.3%
200 12/18/2021 260 - 5.8% 15 + 50.0%
12/25/2021 174 + 4.2% 16 + 100.0%
150
1/1/2022 203 + 12.2% 3 - 75.0%
100 1/8/2022 218 - 16.5% 7 - 61.1%
1/15/2022 298 0.0% 17 - 5.6%
50
1/22/2022 295 - 7.5% 20 + 53.8%
400
350
300
250
200
150
100
50
0
1-2015 5-2015 9-2015 1-2016 5-2016 9-2016 1-2017 5-2017 9-2017 1-2018 5-2018 9-2018 1-2019 5-2019 9-2019 1-2020 5-2020 9-2020 1-2021 5-2021 9-2021 1-2022
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 3
Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given week.
5,000
2,500
0
1-2015 5-2015 9-2015 1-2016 5-2016 9-2016 1-2017 5-2017 9-2017 1-2018 5-2018 9-2018 1-2019 5-2019 9-2019 1-2020 5-2020 9-2020 1-2021 5-2021 9-2021 1-2022
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 4
Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
200
150
100
50
0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 5
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 6
Percent of List Price Received
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold
in a given month, not accounting for seller concessions.
98.1% 99.3% 100.0% 100.7% 102.3% Feb-2021 99.5% + 1.4% 100.5% + 1.3%
97.5%
Mar-2021 100.1% + 1.8% 100.7% + 1.1%
Apr-2021 100.7% + 2.0% 102.8% + 3.4%
May-2021 101.4% + 2.6% 101.8% + 2.4%
Jun-2021 101.6% + 2.5% 102.2% + 2.3%
Jul-2021 101.4% + 2.3% 103.3% + 3.7%
Aug-2021 101.0% + 1.8% 100.4% + 1.0%
Sep-2021 100.6% + 1.3% 101.1% + 1.4%
Oct-2021 100.2% + 1.1% 100.3% + 1.9%
Nov-2021 100.0% + 0.8% 102.1% + 0.8%
2019 2020 2021 2019 2020 2021 Dec-2021 100.0% + 0.7% 102.3% + 1.6%
+ 1.2% + 0.7% + 3.3% + 1.6% Average 100.6% + 1.6% 101.6% + 2.0%
Single Family Townhouse/Condo
100%
95%
90%
85%
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 7
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income was 120%
of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
175 170
Feb-2021 150 - 9.6% 195 - 20.1%
Mar-2021 138 - 11.0% 159 - 28.4%
151 154
146 Apr-2021 137 - 10.5% 185 - 17.8%
122 May-2021 136 - 9.9% 143 - 27.8%
Jun-2021 131 - 12.1% 202 - 3.3%
Jul-2021 130 - 13.9% 182 + 1.1%
Aug-2021 131 - 12.1% 152 - 41.3%
Sep-2021 130 - 14.5% 184 + 16.5%
Oct-2021 128 - 15.2% 152 - 19.1%
Nov-2021 127 - 15.9% 149 + 2.8%
2019 2020 2021 2019 2020 2021 Dec-2021 122 - 16.4% 170 - 2.9%
- 3.3% - 16.4% + 13.6% - 2.9% Average 134 - 14.3% 172 - 4.1%
Single Family Townhouse/Condo
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 8
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
0
1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Current as of February 7, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 9