Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
December 18, 2014
December 18, 2014 (date correction, report sent today is current! thanks!)

Hope you are having an absolutely wonderful week!!  Things have slowed quite a bit in those really low priced homes…..we went from about a 1-2 month average to a 4 month pretty quickly.  If you are looking at investing in a little place/fixer…now might be an especially good time!!

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 19,453.
A slight decrease since last report.    
We are seeing an average supply rate of just over 4 2/3 months.
The current number of pending sales are 4,388.  A slight decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,289.  A slight decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 3,525 active listings.  Just under a 3 month supply.   A slight decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 5,140 active listings.  Just over a 4 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 786 active listings. Just under a 9 4/5 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 4,302 active listings. Just over a 3 2/3 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 1,254 active listings.  Just under a 6 2/3 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 765 active listings.  Just under an 23 1/5 month supply.  A slight increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,356 active listings.  Just under a 6 month supply.  A slight decrease since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 345 active listings.  Just under a 16 2/5 month supply.  A slight decrease since last week.     

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

•         Total of 467 active listings.  About a 2 2/5 month supply.  A slight increase since last week.    

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

•         Total of 92 active listings.  A 4 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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