Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
July 15, 2011

July 15, 2011          

 More of the same…..less inventory & high sales.  Prices still at historic lows along with interest rates.  Seriously, if you are renting you should consider buying! 

If you bought an $80,000 home as an FHA buyer with 3 ½% down ($2,800)~I think my first car at 16 cost that much…….at 4 ½% interest your principle & interest payment would only be $391.16, add estimated taxes, insurance & mortgage insurance and you are looking at an estimated payment of $600.00 month.  Call me if you want more information!

 Have a great weekend!!!

 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 16,666.

decrease since last week.    

We are seeing an average supply rate of about 1 1/2 months.

The current number of pending sales are 10,939.  An increase since last week. 

The current number of pending listings that are “active with contingencies”, are 6,725.  An increase since last week. 

             Search #1 – Phoenix (City of Phoenix) 

 ·         Total of 3,479 active listings.  About a 1 1/2 month supply.   A decrease since last week.

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

·         Total of 4,504 active listings.  Just under a 1 3/5 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 554 active listings.  About a 3 3/4 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 3,607 active listings.  Just under a 1 3/5 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 783 active listings.  About a 1 1/2 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 506 active listings.  About a 10 1/2 month supply.  A slight increase  since last week. 

 Search #7 – Scottsdale (Under 1 Million)

 ·         Total of 1,202 active listings.  About a 2 1/3 month supply.  A decrease  since last week.   

 Search #8 – Paradise Valley (Over 1 Million)

 ·         Total of 251 active listings.  About a 5 1/2 month supply.  A slight increase since last week.     

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

 ·         Total of 3,186 active listings.  About a 1 1/ 10 months supply.  A decrease since last week.  
 
Search #10 –  Under 50K (Single Family Homes)
 ·         Total of 857 active listings.   Under a 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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