Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
January 29, 2019 (2)
January 29, 2019

Since last week that has been a nice tick up in the homes going under contract and market time slightly coming down, with the exception of the East Valley (including Scottsdale & Paradise Valley Area).  The overall market is staying pretty steady with an average of about 3 months on the market.

Hope you have an awesome day!!

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 15,811.  
A slight increase since last week.    We are seeing an average supply rate of just over 3 months.  
The current number of pending sales are 3,359.  An increase since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 3,022.  An increase since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 3,150 active listings.  Just under 2 3/4 month supply.   A slight decrease since last week.

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

Total of 4,319 active listings.  Just over a 2 2/3 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 656 Active listings.  Just under a 6 2/5 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 3,014 active listings.   Just under 2 1/5 month supply.  An slight 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 964 active listings.  Just under a 3 1/3 month supply.   A slight 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 847 active listings.  Just over an 13 1/3 month supply.  A slight increase since last week.    

Search #7 - Scottsdale (Under 1 Million)

Total of 1,019 active listings.  A 3 3/5 month supply.  A bout the same as last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 347 active listings.  Just under 10 1/5 month supply.   A slight increase since last week.
Search #9 -  >200K (Single Family Homes)

Total of 1,217 active listings.   Just over a 1 3/5 month supply.   An increase since last week.     

Search #10 -  Vacant Land (All Residential Lots)
Total of 7,299 active listings.  Total of 361 pending listings.  Total of 284 closed listings last month.   Just under a 25 3/4 month supply.  A slight 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.


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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