Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
September 18, 2018
September 18, 2018

Mostly slight increases in market time, Phoenix had a slight decrease.  Homes going under contact saw a decrease as well.

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 13,677.  
A slight increase since last week.    We are seeing an average supply rate of just over 2 months.  
The current number of pending sales are 4,771.  A decrease since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 3,170.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 2,864 active listings.  Just under 1 9/10 month supply.   A slight decrease since last week.

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

Total of 3,627 active listings.  Just over a 1 4/5 month supply.  A slight 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 501 Active listings.  Just over a 4 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 2,662 active listings.  Just under a 1 1/2 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 681 active listings.  Just over a 1 4/5 month supply.   About the same as 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 609 active listings.  Just under a 8 1/3 month supply.  About the same as last week.    

Search #7 - Scottsdale (Under 1 Million)

Total of 909 active listings.  A 2 1/3 month supply.  The same as last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 260 active listings.  Just under an 7 1/5 month supply.  An increase since last week.     

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

Total of 1,005 active listings.   Just under a 1 months supply.   A slight increase since last week.     

Search #10 -  Vacant Land (All Residential Lots)

Total of 7,221 active listings.  Total of 412 pending listings.  Total of 285 closed listings last month.   Just over an 25 1/3 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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