Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
March 17, 2015
March 17, 2015

Really great market still!!
Reduction in number of listings continues, with the exception PV and Scottsdale area.  
Those two areas are the only ones that saw an increase in listings and market time.  
Still multiple offers out there, I would say more in the >175K category.
There are still 60 single family homes priced under 50K….not many, but they do exist!

Hope you are having a great week & Happy St. Patrick’s Day!!

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 18,286.
A decrease since last week.    
We are seeing an average supply rate of just under 3 4/5 months.
The current number of pending sales are 6,722.  A slight increase since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 3,635.  An increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 3,105 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 4,593 active listings.  Just over a 3 1/10 month supply.  A 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 871 active listings. Just over a 8 1/2 month supply.  A 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 4,005 active listings. Just under a 3 month supply.  A 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 1,194 active listings.  About a 5 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 867 active listings.  Just over an 15 1/5 month supply.  A decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,452 active listings.  Just under a 5 3/5 month supply.  An increase  since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 406 active listings.  Just over an 21 1/3 month supply.  A slight increase  since last week.     

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

•         Total of 358 active listings.  Under a 2 month supply.  A slight decrease  since last week.    

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

•         Total of 60 active listings.  A 1 4/5 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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