Introduction
Home sales in May (single family, townhouse & condo) were 6% above April. They were also 2% above the total for May 2012 which continues the trend that started last month. For several months the total sales have been markedly lower than the same month in the previous year. The upward trend in May is more convincing than last month because there were 22 working days in both May 2013 and May 2012 whereas April 2013 contained one more working day than April 2012..
In the sections below we compare May 2013 data for Maricopa and Pinal County with that for May 2012. We analyze volumes and pricing for 8 different transaction types as well as for the overall totals. Individual statistics are also provided in the attached tables by county and city. This report concentrates on single family homes but detailed statistics for townhouse/condo properties are shown in the tables.