Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
June 20, 2011
June 20, 2011          
 
Continuing to see the reduction of inventory.  Lots & lots of sales.  Active with contingency listings (typically short sales) are on the rise.  Likely because the bank & private sale listings are reducing.  Prices are still historically AMAZINGLY GOOD....keep an eye on that.  Will be looking to see if prices and/or rates start to turn at some point here.
 
Although we are seeing scorching temperatures, summer officially begins tomorrow!   Have a fantastic week.....
 
 
 
 
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 17,921.
A decrease since last week.    
We are seeing an average supply rate of about 1 4/5 months.
The current number of pending sales are 11,779.  A  decrease since last week
The current number of pending listings that are “active with contingencies”, are 6,928.  A slight increase since last week
  
                 Search #1 – Phoenix (City of Phoenix) 
 

·         Total of 3,838 active listings.  About a month supply.   A decrease since last week.

 

 

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

 

·         Total of 4,851 active listings.  Just under a 1 4/5 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  587 active listings.  About a 3/5 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 3,881 active listings.  Just under 1 4/5 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 864 active listings.  About a 1 3/5 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 551 active listings.  About a 12 1/4 month supply.  A decrease  since last week

 

Search #7Scottsdale (Under 1 Million)

 

·         Total of 1,269 active listings.  About a 3 month supply.  A decrease  since last week.   

 

Search #8Paradise Valley (Over 1 Million)

 

·         Total of 273 active listings.  About 5 3/5 month supply.  A slight increase since last week.     

 

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

 

·         Total of 3,683 active listings.  About a 2/5 months supply.  A decrease since last week.   

 

 

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

 

·         Total of 979 active listings.  About a 1/10 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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