Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
February 5, 2011
February 5, 2011        
 
 
 
               
Looks like January didn't have as high number in sales as we did in December.  However, sales are still very strong.  The upshot of that is even though we saw some reductions in the number of listings available, time on the market increased quite a bit in some areas.  We have crept back up over 5 months on the market being the average amount of time a home is on the market.  That is not so encouraging.  Just goes to show you how fluid our market continues to be. 
 
Always available for your real estate needs and answering any questions you may have.  Feel free to contact me anytime.  Have a great Sunday!
 
 
Here are your Weekly Inventory Levels
 
Supply numbers are based on the number of closings in the previous month, divided into the total number of active listings today.   
This data is for Single Family Detached homes only and does not include Patio Homes, Condos, or Townhouses .
The total number of single family homes on the market in the Arizona Regional Multiple Listing Service is currently 29,607.
Slight decrease since last week.    
We are seeing an average supply rate of about 5 1/3 months.
The current number of pending sales are 9,376.  An increase since last week
The current number of pending listings that are “active with contingencies”, are 5,346.  An increase since last week
  
                 Search #1 – Phoenix (City of Phoenix) 
 

·         Total of 6,754 active listings.  About a 5 month supply.   A slight increase since last week.

 

 

Search #2 – West, Far SW & Far NW Valley

 

·         Total of 8,677 active listings.  About a 5 1/4 month supply.   Aincrease since last week. 

 

(Cities of: Cordes Lakes, Bumble Bee, Crown King, Wagoner, Yarnell, Date Creek, Constellation, Black Canyon City, Castle Hot Springs, Wickenburg, Aguila, Gladden, Morristown, Circle City, Wittmann, Harquahala, Tonopah, Paloma, Sentinel, Gila Bend, Mobile, Arlington, Hassayampa, Palo Verde, Congress, Peeples Valley, Yarnell, Cleator, Cordes, Glendale, Litchfield Park, Goodyear, Avondale, Tolleson, Cashion, Estrella Mountain Ranch, Laveen, Peoria, Surprise, Sun City, Sun City West, Glendale, El Mirage, Youngtown, New River, Anthem, Buckeye) 

 

Search #3 – Northeast Valley 

 

·         Total of 889 active listings.  About a 8 1/3  month supply.  A slight increase since last week  

 

(Cities of: Rio Verde, Fountain Hills, Sunflower, Camp Creek, Desert Hills, Cave Creek, Carefree, Fort McDowell)

 

Search #4 – East Valley

 

·         Total of 6,671 active listings.  About4 9/10 month supply.  An increase since last week.    

 

(Queen Creek, Chandler, Gilbert, Apache Junction, Gold Canyon, Tortilla Flat, Mesa, Tempe, Ahwatukee,Guadalupe, Komatke)

 

Search #5 – Southeast Valley  

 

·         Total of 1,583 active listings.  About a 4 2/5 month supply.  Aincrease  since last week.

 

(Arizona City, Eloy, Picacho, Toltec, Arizola, Casa Grande, Randolph, Coolidge, Valley Farms, Florence, Johnson Ranch, Sacaton, Bapchule, Stanfield, Maricopa, Ak Chin, Santa Cruz)

 

Search #6 Scottsdale (Over 1 Million)

 

·         Total of 710 active listings.  About a 27 1/3 month supply.  An increase  since last week

 

Search #7Scottsdale (Under 1 Million)

 

·         Total of 1,849 active listings.  About a 6 month supply.  An increase  since last week.   

 

Search #8Paradise Valley (Over 1 Million)

 

·         Total of 353 active listings.  About 13 3/4 month supply.  An increase since last week.     

 

Search #9 –  Under 100K (Single Family Homes)

 

·         Total of 9,528 active listings.  About a 4 1/3 month supply.  An increase since last week. 

If your property is currently listed with a real estate broker or if you are currently working with another real estate agent, please disregard. 

It is not my intention to solicit the offerings of other real estate brokers.  I am happy to work with them and cooperate fully.


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West USA Realty
16150 N Arrowhead Fountain Center Dr. Suite #100 • Peoria, AZ 85382
Mobile: (602) 526-7486 • Fax: (623) 877-5455
Office: (602) 375-3300


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