Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
May 25, 2011
May 25, 2011          
 
I hope you are having a fantastic week....Inventory continues to decrease & sales continue to grow!!  Certainly as active a market as we have ever seen.  Anticipating seeing prices start to go up at some point here because they inventory is under 20,000 now!  Sure to get buyers to keep buying and paying more.  Keeping things in perspective...prices are still so upside and low that even paying over list price in many cases is still paying at or under the current market. 
 
If you decide to jump in, keep in mind things move fast.  If I can be of service do not hesitate to call.
 
 
 
 
 
Memorial Day - With sincere gratitude for those who have lost their lives & the families they leave behind.
 
"...gather around their sacred remains and garland the passionless mounds above them with choicest flowers of springtime....let us in this solemn presence renew our pledges to aid and assist those whom they have left among us as sacred charges upon the Nation's gratitude,--the soldier's and sailor's widow and orphan." --General John Logan, General Order No. 11, 5 May 1868 
 
 
 
 
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 19,543.
A decrease since last week.    
We are seeing an average supply rate of about 1/2 months.
The current number of pending sales are 12,515.  Aincrease since last week
The current number of pending listings that are “active with contingencies”, are 6,869.  A slight increase since last week
  
                 Search #1 – Phoenix (City of Phoenix) 
 

·         Total of 4,225 active listings.  About a 1/5 month supply.   A decrease since last week.

 

 

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

 

·         Total of 5,495 active listings.  About a 2 1/5 month supply.   A 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 627 active listings.  About a 5 month supply.  A 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 4,179 active listings.  About1/5 month supply.  A 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 953 active listings.  About a 2 month supply.  A 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 619 active listings.  About a 12 2/5 month supply.  A decrease  since last week

 

Search #7Scottsdale (Under 1 Million)

 

·         Total of 1,358 active listings.  About a 3 month supply.  A decrease  since last week.   

 

Search #8Paradise Valley (Over 1 Million)

 

·         Total of 301 active listings.  About 8 month supply.  A slight increase since last week.     

 

Search #9 –    50K-100K (Single Family Homes)

 

·         Total of 4,199 active listings.  About a 3/4 months supply.  A decrease since last week.   

 

 

Search #10 –  Under 50K (Single Family Homes)

 

·         Total of 1,091 active listings.  About a 1/4 months supply.   A 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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