Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
July 12, 2018
July 12, 2018

Still seeing a lot of activity in the market.  Seems like fastest moving properties are at the lowest and highest end of pricing and a lot happening in the cities of Paradise Valley & Scottsdale.

Hope you are 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 13,102.  
A slight decrease since last week.    We are seeing an average supply rate of just under 1 3/4 months.  
The current number of pending sales are 5,447.  An increase since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 3,627.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 2,797 active listings.  Just under a 1 3/4 month supply.   A slight decrease since last week.

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

Total of 3,360 active listings.  Under a 1 1/2 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 479 Active listings.  Just under a 3 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 2,538 active listings.  Just under a 1 1/4 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 580 active listings.  Just under a 1 1/3 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 673 active listings.  Just over a 5 4/5 month supply.  A decrease since last week.    

Search #7 - Scottsdale (Under 1 Million)

Total of 878 active listings.  Just under a 2 month supply.  A decrease since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 258 active listings.  Just under an 6 3/5month supply.  A decrease since last week.     

Search #9 -  >200K (Single Family Homes)

Total of 882 active listings.   About a 3/4 of a month supply.  A decrease since last week.     

Search #10 -  Vacant Land (All Residential Lots)

Total of 6,921 active listings.  Total of 403 pending listings.  Total of 314 closed listings last month.   Just over an 22 month supply.  About the same as 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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