Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
April 5, 2019
April 5, 2019

Looks like March turned out to be a super rally in home sales!  6,910 homes sold last month!  That is great news for Sellers, we are seeing a very robust market and average market time has dropped from just under 3 month to 2 ¼ months!  
The biggest decreases in market time were the homes in Paradise Valley and Vacant Land Sales.

Hope you have a great 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 15,448.  
A slight increase since last week.    We are seeing an average supply rate of just under 2 1/4 months.  
The current number of pending sales are 6,137.  A slight decrease since last week.  
The current number of pending listings that are "under contract-accepting back-up offers", are 4,079.  A slight decrease since last week.

Search #1 - Phoenix (City of Phoenix)

Total of 3,027 active listings.  Just over 2 month supply.   A decrease since last week.

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

Total of 4,051 active listings.  Just uner a 2 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 613 Active listings.  Just over a 4 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 2,957 active listings.   Just over 1 3/5 month supply.  A 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 901 active listings.  Just under a 2 2/5 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 876 active listings.  Just over a 11 2/5 month supply.  A decrease since last week.    

Search #7 - Scottsdale (Under 1 Million)

Total of 1,118 active listings.  Just under 3 month supply.  A decrease since last week.

Search #8 - Paradise Valley (Over 1 Million)

Total of 346 active listings.  Just over a 5 4/5 month supply.   A decrease since last week.
 
Search #9 -  >200K (Single Family Homes)

Total of 954 active listings.   Just over a 1 month supply.   A decrease since last week.

Search #10 -  Vacant Land (All Residential Lots)
Total of 7,393 active listings.  Total of 463 pending listings.  Total of 394 closed listings last month.   Just under a 19 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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