Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
November 29, 2018
November 29, 2018

The market continues to be strong.  We do continue to see signs of some areas seeing a bit of slowing, but overall the market time saw a little drop.  With tomorrow being the end of the month I would guess there should be a good number of homes closing and hopefully we will see an even more positive update next week.

Remember, if I can assist you or someone you know with any real estate needs let me know!

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 15,560. 
A very slight decrease since last week.    We are seeing an average supply rate of just over 2 1/2 months. 
The current number of pending sales are 4,207.  A decrease since last week. 
The current number of pending listings that are "under contract-accepting back-up offers", are 2,809.  A decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 3,185 active listings.  Just under 2 2/5 month supply.   A slight decrease since last week.

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

Total of 4,184 active listings.  Just over a 2 1/3 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 592 Active listings.  Just over a 5 1/3 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 3,037 active listings.  Just under a 1 9/10 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 947 active listings.  Just over a 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 766 active listings.  Just over an 11 1/5 month supply.  A slight increase since last week.   

Search #7 - Scottsdale (Under 1 Million)

Total of 979 active listings.  A 3 1/8 month supply.  A decrease since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 304 active listings.  Just over 10 month supply.   A slight increase since last week.
 
Search #9 -  >200K (Single Family Homes)

Total of 1,223 active listings.   Just under a 1 2/5 month supply.   A slight increase since last week.    

Search #10 -  Vacant Land (All Residential Lots)
Total of 7,457 active listings.  Total of 398 pending listings.  Total of 309 closed listings last month.   Just under a 24 month supply.  A decrease 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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