Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
September 19, 2013
September 19, 2013

There is a continued slow & steady increase in market time and inventory.  While they are not extreme numbers, by an means, they are consistently moving up.

Financing options have brought more opportunities for people who have had to short sale their properties in the past or have been foreclosed on.  If you are considering re-entering the market….even if you think you can’t qualify….it is a good idea to at least speak with a loan officer and find out where you’re at.
If you do not have someone to reach out to that you know I can recommend calling either:
Josh Heape with Castle & Cooke at 602-330-6446  or
Jeff Hoffman with OnQFinancial at 602-499-7771

Hope you are having a great 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 15,670.
A slight increase since last week.    
We are seeing an average supply rate of just over 2 1/5 months.
The current number of pending sales are 6,278.  A slight decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,676.  A slight decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 3,024 active listings.  Just over a 2 1/4 month supply.   An increase since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 4,050 active listings.  Just over a 2 1/4 month supply.  An 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 547 active listings.  Just over a 4 1/2 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 3,538 active listings. Just under a 2 1/4 month supply.  An 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 1,012 active listings.  Just under a 3 month supply.  .  An 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 482 active listings.  Just over a 10 1/4 month supply.  An increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,041 active listings.  Just over a 3 month supply.  An increase since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 238 active listings.  A 8 1/2 month supply.  An increase since last week.     

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

•         Total of 638 active listings.  Just over a 1 3/5 month supply.  An increase since last week.    

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

•         Total of 85 active listings.   Just under a 1 1/5 week supply.   An increase 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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