Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
May 23, 2017
May 23, 2017

If you are following the market at all you know prices seem to be escalating quickly.  
Looking back only a 4 or 5 years ago; it is hard to believe today that less than 1% of our single family home inventory is priced under $100,000 (only 128 homes as of today)!
If you are interested in selling or simply being updated on the value of your properties in today’s market, let me know!  
I would be happy to set up a website for you with weekly updates so you can monitor real time trending values of your home.

Wishing you a safe Memorial Day Weekend, a time for reflection and gratitude for all of those who served in the armed forces to preserve our freedom.

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 15,807.  
A slight increase since last week.    We are seeing an average supply rate of just over 2 1/4 months.  
The current number of pending sales are 6,755.  An increase since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 4,359.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 2,980 active listings.  Just over a 1 4/5 month supply.   A slight increase since as last week.

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

Total of 3,916 active listings.  Just under a 1 9/10 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 740 Active listings.   Just over a 6 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 3,203 active listings. Just under a 1 3/5 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 740 active listings.  Just over a 1 4/5 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 924 active listings.  Just under a 14 2/5 month supply.  A decrease as since last week.

Search #7 - Scottsdale (Under 1 Million)

Total of 1,298 active listings.  Under a 3 1/5 month supply.  A decrease  since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 371 active listings.  Just over a 7 1/4 month supply.  A slight increase since last week.     

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

Total of 98 active listings.   Just under a  1 1/2 month supply.  A slight increase since last week.     

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

Total of 30 active listings.  Just over a 1 4/5 month supply.  A decrease since last week.        

Search #11 -  Vacant Land (All Residential Lots)

Total of 7,094 active listings.  Total of 419 pending listings.  Total of 321 closed listings last month.   Just over a 22 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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