Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
February 7, 2017
February 7, 2017

Seeing a trend of all increases in market time across the board.  This is due to fewer sales in January, but by the stats we see for pending sales February should prove to show us a nice upswing.
Hope you are having a fantastic 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 16,510. 
A slight decrease since last week.    We are seeing an average supply rate of just over 3 1/3 months. 
The current number of pending sales are 5,482.  An increase since last week. 
The current number of pending listings that are "under contract-accepting back-up offers", are 3,458.  An increase since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 3,065 active listings.  Just under a 3 month supply.   An increase since as last week.

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

Total of 4,297 active listings.   About 2 4/5 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.   About a 9 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 3,370 active listings. Just over a 2 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 895 active listings.  Just over a 3 2/5 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 958 active listings.  Just over a 19 1/2 month supply.  An increase since last week.

Search #7 - Scottsdale (Under 1 Million)

Total of 1,315 active listings.  Just under a 4 1/3 month supply.  A slight increase  since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 388 active listings.  Just over a 17 2/5 month supply.  An increase  since last week.    

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

Total of 140 active listings.   Just over a  2 1/3 month supply.  A increase since last week.    

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

Total of 37 active listings.  Just over a 3 1/3 month supply.  A increase since last week.       

Search #11 -  Vacant Land (All Residential Lots)

Total of 6,950 active listings.  Total of 364 pending listings.  Total of 233 closed listings last month.   Just under a 30 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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