Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
May 19, 2016
May 19, 2016

Market continues to be brisk….the homes under 100K make up just over 1% of the inventory!

Hope you are having a great 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 17,652.
A slight decrease since last week.    
We are seeing an average supply rate of 2 1/2 months.
The current number of pending sales are 7,124  A slight increase since last week.
The current number of pending listings that are “under contract-accepting back-up offers”, are 4,407 A slight decrease since last week.
 
           Search #1 – Phoenix (City of Phoenix)  
•         Total of 3,110 active listings.  Just over a 2 month supply.   A slight increase since last week.
           Search #2 – West, Far SW & Far NW Valley
•         Total of 4,060 active listings.  Just under a 2 month supply.  A slight 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 831 Active listings. Just over a 6 3/4 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 3,866 active listings. Just under a 2 month supply.  A slight 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 1,054 active listings.  About a 3 1/5 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 912 active listings.  Just under a 16 3/5 month supply.  A decrease since last week.

Search #7 – Scottsdale (Under 1 Million)

•         Total of 1,540 active listings.  Just under a 3 1/2 month supply.  A slight decrease  since last week.

Search #8 – Paradise Valley (Over 1 Million)

•         Total of 411 active listings.  Just under a 13 1/4 month supply.  A slight decrease  since last week.     

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

•         Total of 168 active listings.  A 1 3/4 month supply.  A decrease as last week.     

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

•         Total of 48 active listings.  About a 3  1/5 month supply.   An increase since last week.    

Search #11 –  Vacant Land (All Residential Lots)

•         Total of 7,525 active listings.  Total of 332 pending listings.  Total of 248 closed listings last month.   Just over a 30 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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