The chart below shows the hottest selling zip codes in the Valley. It compares home available for sale vs. homes under contract using a measure called the contract ratio.
The Contract Ratio is defined as the (Count of Listings Under Contract / Count of Active Listings)*100
A Contract Ratio of:
0-20 = Cool... 21-40 = Warm... 41-74 = Warmer... 75-99 = Hotter... 100 and Over = FRENZY!