Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
December 31, 2017

December 31, 2017

Wishing you a VERY happy and healthy New Year!!

Hope you are having a great week and 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 13,922. 

A decrease since last week.    We are seeing an average supply rate of less than 2 1/3 months. 

The current number of pending sales are 3,855.  A decrease since last week. 

The current number of pending listings that are "under contract-accepting back-up offers", are 2,380.  A decrease since last week. 

 

Search #1 - Phoenix (City of Phoenix)

 

Total of 2,695 active listings.  Just over a 2 month supply.   A decrease since as last week.

 

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

 

Total of 3,702 active listings.  About a 2 month supply.  A 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 667 Active listings.  Just under a 4 4/5 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 2,478 active listings. Just over 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 775 active listings.  Just over a 2 1/2 month supply.   A 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 858 active listings.  Just under a 14 1/3 month supply.  A slight decrease since last week.    

 

Search #7 - Scottsdale (Under 1 Million)

 

Total of 1,028 active listings.  Under a 2 4/5 month supply.  A decrease  since last week.

 

Search #8 - Paradise Valley (Over 1 Million)

 

Total of 310 active listings.  Just over an 8 1/3 month supply.  A decrease  since last week.    

 

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

 

Total of 127 active listings.   Just over a  3 1/4 month supply.  A decrease since last week.    

 

Search #10 -  Vacant Land (All Residential Lots)

 

Total of 7,028 active listings.  Total of 356 pending listings.  Total of 238 closed listings last month.   Just under a 29 1/5 month supply.  A decrease as last week.


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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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