Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
June 10, 2014

June 10, 2014

Seeing a decrease in inventory, but some areas experiencing longer market times due to a bit slower moving sales.  In general a good bit of activity and lots of sales.  

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 20,797.
A decrease since last report.    
We are seeing an average supply rate of just under 3 1/3 months.
The current number of pending sales are 6,204.  A decrease since last report.
The current number of pending listings that are “under contract-accepting back-up offers”, are 3,032.  A decrease since last report.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 3,746 active listings.  Just under a 2 3/5 month supply.   A decrease since last report.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 5,584 active listings.  Just under a 3 month supply.  A decrease since last report.

(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 737 active listings. Just over a 6 month supply.  A slight increase since last report.   

 (Cities of: Rio Verde, Fountain Hills, Sunflower, Camp Creek, Desert Hills, Cave Creek, Carefree, Fort McDowell)

Search #4 – East Valley

•         Total of 4,799 active listings. A 2 4/5 month supply.  A slight decrease since last report.

(Queen Creek, Chandler, Gilbert, Apache Junction, Gold Canyon, Tortilla Flat, Mesa, Tempe, Ahwatukee,Guadalupe, Komatke)

Search #5 – Southeast Valley   

•         Total of 1,199 active listings.  Just over a 4 1/3 month supply.  .  A slight decrease since last report.

(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 652 active listings.  Just over a 10 1/5 month supply.  An increase since last report.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,552 active listings.  Just under a 4 2/5 month supply.  A slight increase since last report.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 342 active listings.  Just under a 13 1/10 month supply.  An slight increase since last report.     

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

•         Total of 499 active listings.  Just under a 1 3/5 month supply.  A decrease since last report.    

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

•         Total of 74 active listings.   Just over a 2 1/5 month supply.   An increase  since last report.    

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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