Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
January 8, 2016
January 8, 2016

Strong market this past year.  Currently just over 3 months for average market time.  While January & November were our slowest months, December closed out strong!  Cheers to an awesome 2016!! Hopefully it will continue to bring all of us lots of opportunities and good times!

Here is a look back on 2015:
 


January      3,861
February    4,759
March        6,455
April          6,915
May           6,861
June           7,247
July            6,698
August        5,934
September  5,860
October      5,285
November  4,395
December   5,536
(Stats for Closed Single Family Homes for each month in 2015)

Hope you have a wonderful weekend!!

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 16,810.
An increase since last week.    
We are seeing an average supply rate of just over 3 months.
The current number of pending sales are 4,286  A decrease since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 2,462.  An increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 2,907 active listings.  Just under a 3 month supply.   A decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 4,177 active listings.  Just over a 3 month supply.  A slight 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 794 Active listings. Just over an 9 1/3 month supply.  A slight 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 3,753 active listings. About a 3 1/5 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 1,061 active listings.  About a 4 3/4 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 837 active listings.  Just under a 24 month supply.  An increase since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,296 active listings.  Just under a 5 month supply.  An increase  since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 347 active listings.  Just under an 14 1/2 month supply.  A slight increase  since last week.     

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

•         Total of 215 active listings.  About a 2 month supply.  A slight increase since last week.    

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

•         Total of 46 active listings.  Just under a 2 month supply.   A slight increase since last week.    

Search #11 –  Vacant Land (All Residential Lots)

•         Total of 7,070 active listings.  Total of 234 pending listings.  Total of 166 closed listings last month.   Just over a 42 1/2 month supply. A slight 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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