Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
July 20, 2018
July 20, 2018

Seeing a slow down across the board.  There is an increase in market time for all categories, even though most groups have less listings than last week and some with a few more.  It was just this week, so will be more telling if next weeks is the same.  I haven’t seen an of increase in market time for all groups at once in a long time….might just be the tail end of the summer taking buyers away from the market and getting in their final vacations and getting the kiddos ready for school.

Hope you have a wonderful weekend!!

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 13,375.  
A slight increase since last week.    We are seeing an average supply rate of just under 1 3/4 months.  
The current number of pending sales are 5,383.  A decrease since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 3,426.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 2,851 active listings.  Just under a 1 3/4 month supply.   An increase since last week.

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

Total of 3,496 active listings.  Under a 1 1/2 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 480 Active listings.  Just under a 3 month supply.  A slight 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 2,590 active listings.  Just under a 1 1/4 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 593 active listings.  Just under a 1 1/3 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 661 active listings.  Just over a 5 3/4 month supply.  A slight increase since last week.    

Search #7 - Scottsdale (Under 1 Million)

Total of 884 active listings.  A 2 month supply.  A slight increase since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 249 active listings.  Just under an 6 2/5month supply.  A slight increase since last week.     

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

Total of 947 active listings.   About a 4/5 months supply.  An increase since last week.     

Search #10 -  Vacant Land (All Residential Lots)

Total of 6,968 active listings.  Total of 421 pending listings.  Total of 314 closed listings last month.   Just over an 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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