Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
June 26, 2014
June 26, 2014

Not much movement in the market in terms on inventory and number of sales…..really fluid market nonetheless!!!

When I search for the latest information weekly in the MLS for this report, it does provide statistical updates for the searches I have created.
For the ACTIVE inventory search I have for single family homes, here is what it provides for the last 24 hours and 30 days respectively:

750 NEW in the last 24 hours
12,260 NEW since 05/26/2014

I would say it is safe to say, this continues to be a great market for both Buyers and Sellers.  

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 20,547.
A slight decrease since last week.    
We are seeing an average supply rate of just under 3 1/3 months.
The current number of pending sales are 6,110.  A slight decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,961.  A slight decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix)
 
•         Total of 3,734 active listings.  Just over a 2 3/5 month supply.   A slight decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 5,491 active listings.  Just under a 3 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 704 active listings. Just under a 5 3/4 month supply.  A slight decrease 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 4,817 active listings. A 2 4/5 month supply.  A 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 1,143 active listings.  Just over a 4 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 605 active listings.  Just over a 9 1/2 month supply.  A slight decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,523 active listings.  Just under a 4 1/5 month supply.  A slight decrease since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 323 active listings.  Just under a 12 3/5 month supply.  A slight decrease since last week.     

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

•         Total of 466 active listings.  Just over a 1 1/2 month supply.  A slight decrease since last week.    

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

•         Total of 81 active listings.   Just over a 2 2/5 month supply.   A slight 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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