Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
January 27, 2015
January 27, 2015

This week begins the new PMI rates!!  If you purchased a home under the higher rate implemented the last couple years (for mortgage insurance), you might want to consider calling your lender to see if there would be any advantage for your to take a look at your existing loan and see if there are any new options out there to reduce your payment!  Or, if you need a referral, let me know and I would be happy to provide one!

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 19,205.
An increase since last report.    
We are seeing an average supply rate of just over 3 1/3 months.
The current number of pending sales are 4,879.  An increase since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,611.  An increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 3,406 active listings.  Just under a 2 4/5 month supply.   A decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 5,064 active listings.  Just over a 3 2/5 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 848 active listings. Just over a 7 1/2 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 4,142 active listings. Just over a 2 4/5 month supply.  A slight 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 1,257 active listings.  Just under a 5 1/2 month supply.   A slight 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 844 active listings.  Just over an 16 1/5 month supply.  A slight increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,423 active listings.  Just over a 4 1/2 month supply.  An increase since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 402 active listings.  Just under an 11 month supply.  An increase  since last week.     

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

•         Total of 476 active listings.  About a 2 1/2 month supply.  A slight increase  since last week.    

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

•         Total of 85 active listings.  Just over a 2 month supply.   A decrease  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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