Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
March 17, 2016
March 17, 2016

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 18,373.
A slight increase since last week.    
We are seeing an average supply rate of just under 4 months.
The current number of pending sales are 6,823  An increase since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 4,14 A slight increase since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 3,038 active listings.  Just over a 2 9/10 month supply.   A decrease since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 4,449 active listings.  Just over a 3 1/4 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 903 Active listings. Just under a 8 1/5 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 4,018 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 1,134 active listings.  Just over a 5 month supply.  About the same as 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 995 active listings.  Just under a 21 3/5 month supply.  A decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,649 active listings.  A 6 month supply.  A decrease  since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 419 active listings.  Just under an 13 1/2 month supply.  A decrease  since last week.     

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

•         Total of 197 active listings.  About a 2 month supply.  About the same as last week.     

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

•         Total of 40 active listings.  Just over a 1 4/5 month supply.   A decrease since last week.    

Search #11 –  Vacant Land (All Residential Lots)

•         Total of 7,460 active listings.  Total of 323 pending listings.  Total of 213 closed listings last month.   Just over a 35 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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