Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
August 9, 2016
August 9, 2016

Lots of articles about our busy market…..

“Once the poster child for the housing crash, Phoenix is a hot market again. This time, however, it is not investors inhaling distressed properties, but owner-occupant buyers fueling robust sales….”
To read the entire article….follow the link below:
http://www.cnbc.com/2015/07/16/housing-supply-shrinking-in-phoenix.html

Hope you have 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 16,373. 
A decrease since last week.    We are seeing an average supply rate of 2 1/3 months. 
The current number of pending sales are 5,952  A decrease since last week. 
The current number of pending listings that are "under contract-accepting back-up offers", are 3,561.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 2,942 active listings.  About a 2 month supply.   An increase since as last week.

Search #2 - West, Far SW & Far NW Valley

Total of 4,021 active listings.  Just under a 2 1/10 month supply.  A slight decrease as 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 636 Active listings. Just over a 6 1/10 month supply.  A slight 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 3,773 active listings. Just under a 2 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 940 active listings.  About a 2 7/10 month supply.   A slight 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 683 active listings.  Just under a 16 1/4 month supply.  An increase since last week.

Search #7 - Scottsdale (Under 1 Million)

Total of 1,227 active listings.  Just under a 3 1/3 month supply.  An increase  since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 315 active listings.  Just under a 15 month supply.  An increase  since last week.    

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

Total of 174 active listings.  About a 2 1/5 month supply.  A slight decrease as last week.    

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

Total of 39 active listings.  Just under a 3 month supply.   An increase since last week.   

Search #11 -  Vacant Land (All Residential Lots)

Total of 7,312 active listings.  Total of 329 pending listings.  Total of 240 closed listings last month.   Just under a 30 2/5 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.

Sitemap:

Logo
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


GlendaleSun City