Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
September 20, 2017
September 20, 2017

Seeing a consistent decreasing inventory across the board, not a huge drop but steady.  Continues to be a great moving market with lots of opportunities for buyers and sellers!

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 14,740.  
A slight decrease since last week.    We are seeing an average supply rate of just over 2 1/5 months.  
The current number of pending sales are 5,417.  A slight increase since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 3,357.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 3,032 active listings.  Just under a 2 month supply.   A decrease since as last week.

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

Total of 3,785 active listings.  Just over a 1 4/5 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 614 Active listings.   Just over a 5 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 2,932 active listings. Just over a 1 1/2 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 686 active listings.  Just over a 2 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 677 active listings.  Just over a 11 month supply.  A slight increase as since last week.

Search #7 - Scottsdale (Under 1 Million)

Total of 1,084 active listings.  Just under a 3 month supply.  A decrease  since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 296 active listings.  Just over an 12 1/3 month supply.  A decrease since last week.     

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

Total of 101 active listings.   Just over a  2 1/5 month supply.  A decrease since last week.     

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

Total of 32 active listings.  Just over a 2 1/3 month supply.  A decrease since last week.        

Search #11 -  Vacant Land (All Residential Lots)

Total of 6972 active listings.  Total of 416 pending listings.  Total of 288 closed listings last month.   Just over a 24 month supply.  A slight 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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