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ValleyMLS WMA 2022-03-21
ValleyMLS WMA 2022-03-21
Current as of March 21, 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
1/15/2022 325 + 9.4% 13 + 30.0%
1/22/2022 302 + 21.3% 19 + 280.0%
200 1/29/2022 283 - 4.4% 20 + 42.9%
2/5/2022 371 + 31.6% 30 + 150.0%
150
2/12/2022 321 + 4.6% 20 + 122.2%
100 2/19/2022 333 + 23.3% 22 + 340.0%
2/26/2022 342 + 12.5% 12 - 45.5%
50
3/5/2022 342 + 7.5% 13 0.0%
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 March 21, 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
1/15/2022 288 - 3.4% 18 0.0%
1/22/2022 277 - 12.9% 17 + 30.8%
200 1/29/2022 299 - 18.1% 15 + 15.4%
2/5/2022 286 - 17.8% 16 + 45.5%
150
2/12/2022 331 + 15.3% 7 - 22.2%
100 2/19/2022 315 + 11.3% 17 + 54.5%
2/26/2022 322 + 7.3% 15 - 11.8%
50
3/5/2022 342 + 5.9% 15 + 50.0%
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 March 21, 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 March 21, 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 1-2022
Current as of March 21, 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 1-2022
Current as of March 21, 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% 99.5% 100.5% 99.2% 100.5% 101.4% 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%
Dec-2021 100.0% + 0.7% 102.3% + 1.6%
Jan-2022 99.9% + 0.5% 101.9% + 0.9%
2020 2021 2022 2020 2021 2022 Feb-2022 100.5% + 1.0% 101.4% + 0.9%
+ 1.4% + 1.0% + 1.3% + 0.9% Average 100.6% + 1.6% 101.7% + 1.7%
Single Family Townhouse/Condo
100%
95%
90%
85%
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Current as of March 21, 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.
Current as of March 21, 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 1-2022
Current as of March 21, 2022. All data from ValleyMLS. Report © 2022 ShowingTime. | 9