Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
March 14, 2014
March 14, 2014

Seeing an increase pretty much across the board of more active listings, but supply numbers dropped slightly in almost every category because sales bumped up slightly.
Active single family homes under $50,000 are still less than 100 available, but for some reason actual sales dropped off quite a bit in that category…so opportunity knocking!  Don’t hesitate to request a search be set up to keep an eye on these homes….I would be happy to do that for you…or any price for that matter.

Hope you have a fantastic weekend!!

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 21,783.
A slight increase since last week.    
We are seeing an average supply rate of just under 4 4/5 months.
The current number of pending sales are 6,318.  An increase since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,769.  An increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 4,065 active listings.  Just under a 4 month supply.   A slight decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 6,040 active listings.  Just under a 4 1/2 month supply.  A slight 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 838 active listings.  A 10 1/4 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 4,804 active listings. Just under 4 month supply.  An slight 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 1,341 active listings.  Just under a 5 9/10 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 787 active listings.  Just under a 25 month supply.  A decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,651 active listings.  Just over a 6 month supply.  A slight decrease since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 373 active listings.  Just under a 12 month supply.  A slight decrease since last week.     

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

•         Total of 676 active listings.  Just over a 2 1/2 month supply.  A slight decrease since last week.    

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

•         Total of 97 active listings.   Just over a 2 month 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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