Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
December 9, 2015
December 9, 2015

Quite a drop in sales from October 15 (closed SFR sales 5,289) to November 15 (closed SFR sales 4,398), about a 17% drop in sales.  I saw a slowdown in activity on some of my listings for sure during this last month.  The reduction in closed sales increases our average market time from 3 1/3 months to just slightly over 4 months.
On the upside the number of active listings hasn’t moved too much, so hopefully we will see some stronger sales for December!

Wishing you a wonderful rest of your 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 17,646.
A slight decrease since last week.   
We are seeing an average supply rate of just over 4 months.
The current number of pending sales are 5,260  A decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,785.  A decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix) 
•         Total of 3,091 active listings.  Just under a 3 2/5 month supply.   An increase since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 4,205 active listings.  About a 3 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 793 Active listings. Just over an 9 1/3 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 4,078 active listings. Just under a 3 1/2 month supply.  An 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 1,027 active listings.  Just over a 4 3/5 month supply.  An 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 815 active listings.  Just under a 23 1/3 month supply.  A slight decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,327 active listings.  Just over a 5 month supply.  An increase  since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 360 active listings.  Just under an 15 month supply.  A slight decrease  since last week.    

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

•         Total of 227 active listings.  Just under a 2 2/5 month supply.  An increase since last week.   

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

•         Total of 53 active listings.  Just over a 2 2/5 month supply.   A slight increase since last week.   

Search #11 –  Vacant Land (All Residential Lots)

•         Total of 7,398 active listings.  Total of 278 pending listings.  Total of 167 closed listings last month.   Just over a 44 1/3 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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