Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
February 11, 2011
February 11, 2011        
 
 
 
                
This week shows a steady slight decrease in inventory across the board.  I sort of get this "calm before the storm" feeling though.  Pending sales are up, yet in January sales eased back into what has been the more overall "norm" for the last several months.  Remember we saw a big jump in sales for the month of December.  It seems the inventory levels have been trending down, but again, I think that will change. 
 
If you are really looking right now, be sure to keep watching those searches I have set up for you so you can see the trending of the prices and inventory as they unfold in your desired areas.  If you don't have searches set up that you want yet, or if you haven't had me set up any yet.  Please! Do not hesitate to call!  I am here to keep you updated on the corner of the real estate market that is most important to you!!  Have a great weeked and......
 
 
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 29,050.
Slight decrease since last week.    
We are seeing an average supply rate of about 5 1/4 months.
The current number of pending sales are 10,004.  An increase since last week
The current number of pending listings that are “active with contingencies”, are 5,542.  A slight increase since last week
  
                 Search #1 – Phoenix (City of Phoenix) 
 

·         Total of 6,628 active listings.  About a 5 month supply.   A slight decrease since last week.

 

 

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

 

·         Total of 8,515 active listings.  About a month supply.   A slight decrease 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 875 active listings.  About an 8 month supply.  A slight decrease 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 6,493 active listings.  About4 3/4 month supply.  A slight decrease since last week.    

 

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

 

Search #5 – Southeast Valley  

 

·         Total of 1,519 active listings.  About a 4 1/3 month supply.  A slight decrease  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 703 active listings.  About a 27 month supply.  A slight decrease  since last week

 

Search #7Scottsdale (Under 1 Million)

 

·         Total of 1,841 active listings.  About a 6 month supply.  A slight decrease  since last week.   

 

Search #8Paradise Valley (Over 1 Million)

 

·         Total of 354 active listings.  About 13 3/5 month supply.  A slight decrease since last week.     

 

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

 

·         Total of 9,291 active listings.  About a 4 1/5 month supply.  A slight decrease 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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