Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
October 10, 2011

 October 10, 2011          

 

Seems to be a slow down in rental properties.  The market has become somewhat saturated.  Not surprising I suppose. 

 

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 15,332.

A slight increase since last week.    

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

The current number of pending sales are 9,784.  A slight increase since last week. 

The current number of pending listings that are “active with contingencies”, are 6,681.  A slight increase since last week. 

  

           Search #1 – Phoenix (City of Phoenix

 

·         Total of 2,907 active listings.  About a 1 3/5 month supply.   A slight increase since last week.

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

·         Total of 4,366 active listings.  Just under a 2 month supply.   A slight increase 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 568 active listings.  About a 5 3/5 month supply.  A slight increase 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 3,143 active listings.  Just under a 1 3/4 month supply.  A slight increase since last week.    

 

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

 

Search #5 – Southeast Valley  

 

·         Total of 777 active listings.  About a 2 1/4 month supply.  A slight increase  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 525 active listings.  About a 19 2/5 month supply.  A slight increase  since last week. 

 

Search #7 – Scottsdale (Under 1 Million)

 

·         Total of 1,140 active listings.  About a 3 2/5 month supply.  A slight increase  since last week.   

 

Search #8 – Paradise Valley (Over 1 Million)

 

·         Total of 247 active listings.  About a 8 4/5 month supply.  A decrease since last week.     

 

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

 

·         Total of 2,327 active listings.  About a 1 1/10 month supply.  A slight increase since last week.    

 

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

 

·         Total of  583 active listings.   Less than a 4 week 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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