Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
March 22, 2012

March 22, 2012    

     

Hope you are having a great week! 

 

Buyers are continuing to chase down the deals….prices and rates are still at historic lows and seems everyone has decided it is time to take advantage of that which is now pushing prices up (of course).  Homes selling at or often above list price is not unusual.  This would be a fantastic time for you to have me set up a search for you for your own neighborhood…..for a long time no one wanted to see the value of their home, but now that things are turning around you might want to keep an eye on what is happening.  I would be happy to do that for you if you like, just let me know. 

 

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 11,848.

A decrease since last week.    

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

The current number of pending sales are 10,928.  A slight increase since last week. 

The current number of pending listings that are “active with contingencies”, are 6,836.  A slight increase since last week. 

  

           Search #1 – Phoenix (City of Phoenix

 
 
·         Total of 1,801 active listings.  About a 1 1/4 month supply.   A decrease since last week.

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

·         Total of 3,210 active listings.  About a 1 3/4 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 592 active listings.  About a 5 2/5 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 2,035 active listings.  Under a 1 1/4 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 528 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 603 active listings.  About 25 month supply.  An slight increase since last week. 

 Search #7 – Scottsdale (Under 1 Million)

 ·         Total of 1,048 active listings.  Just under a 3 month supply.  A decrease since last week.   

 Search #8 – Paradise Valley (Over 1 Million)

 ·         Total of 288 active listings.  About a 10 3/5 month supply.  A slight increase since last week.     

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

 ·         Total of 950 active listings.  Just under a 3/5 month supply.  A decrease since last week.    

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

 ·         Total of 213 active listings.   Less than 2 week 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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