Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
January 31, 2013
January 31, 2013

We are seeing a larger number of traditional sales! Great for sellers & continues to allow for a steady increase in pricing in the market.  Lots & lots of multiple offers, especially in the Under $150,000 pricing.  Not that you won’t see it happen in higher priced homes because it is happening, but not at as high of a frequency.  Hottest moving price range is below $100,000.  Not noticing any real high increases in rental rates, but it is a busy market as well.

Hope you are having 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 13,810.
An increase since last week.    
We are seeing an average supply rate of just over 2 months.
The current number of pending sales are 8,528.  An increase since last week.
The current number of pending listings that are “active with contingencies”, are 3,674.  An increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 2,245 active listings.  Just over a 1 1/2 month supply.   A slight decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 3,933 active listings.  Just over a 2 1/3 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 596 active listings.  Just less than a 5 3/5 month supply.  An 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 2,594 active listings.  Just under a 1 3/5 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 1,096 active listings.  Just over a 4 1/3 month supply.  .  A slight 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 563 active listings.  Less than a 13 3/4 month supply.  A slight increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 987 active listings.  Just under a 2 3/4 month supply.  No change since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 272 active listings.  A 7 1/2 month supply.  An increase since last week.     

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

•         Total of 832 active listings.  Just over a 1 month supply.  A decrease since last week.    

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

•         Total of 146 active listings.   About a 3 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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