Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
July 7, 2011
July 7, 2011          
Wow, looks like the path we are headed down over the last couple of months is pressing on.  Diminishing inventory, all time high sales......Properties still being listed by banks under market in many cases.  That is the part I still don't understand.  It may just be a way to keep the buyers coming and maybe we will start seeing the prices to increase in some plan devised that we are not yet privy to.  Who knows, it is clear though that it is an amazing time to be buying if you can.
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 17,032.
decrease since last week.    
We are seeing an average supply rate of about 1/2 months.
The current number of pending sales are 10,556.  A slight decrease since last week
The current number of pending listings that are “active with contingencies”, are 6,559.  A slight decrease since last week. 
                 Search #1 – Phoenix (City of Phoenix) 

·         Total of 3,571 active listings.  About a 1/2 month supply.   decrease since last week.


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

 ·         Total of 4,628 active listings.  Just under a 1 3/5 month supply.   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 570 active listings.  About a 3 3/4 month supply.  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 3,690 active listings.  Just under 3/5 month supply.  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 818 active listings.  About a 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 513 active listings.  About a 10 month supply.  A decrease  since last week. 

 Search #7Scottsdale (Under 1 Million)

 ·         Total of 1,208 active listings.  About a 2 1/3 month supply.  A decrease  since last week.   

 Search #8Paradise Valley (Over 1 Million)

 ·         Total of 250 active listings.  About 1/3 month supply.  A decrease since last week.     

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

 ·         Total of 3,333 active listings.  About a 1/ 10 months supply.  A decrease since last week.   

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

 ·         Total of 931 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.


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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