Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
December 4, 2013
December 4, 2013

Wow, a sharp drop in sales…….
Total sales for October 2013 = 6,083
Total sales for November 2013 = 5,193
About a 17% drop in sales…..continuing to see stats of a slowing market…..

Hope you are have 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 19,444.
A slight decrease since last week.    
We are seeing an average supply rate of just under 3 3/4 months.
The current number of pending sales are 5,232.  A decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,356.  A decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 3,692 active listings.  Just over a 3 2/5 month supply.   An increase since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 5,369 active listings.  Just over a 4 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 747 active listings.  A 11 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 4,299 active listings. Just over a 3 3/4 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 1,276 active listings.  Just under a 6 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 670 active listings.  Just under a 19 1/10 month supply.  An increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,289 active listings.  A 4 4/5 month supply.  A slight increase since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 294 active listings.  A 14 3/4 month supply.  An increase since last week.     

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

•         Total of 701 active listings.  Just under a 2 3/5 month supply.  A slight increase since last week.    

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

•         Total of 93 active listings.   Just under a 2 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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