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What's happening in the Phoenix Metro Real Estate Market

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Phoenix Metro Weekly Market Update
We currently have 17.4 months worth of inventory in
Active Listings in MLS. 
(This is an increase over last week's report of 15.9 months worth of inventory.) 
Arizona Regional MLS Inventory Data
(All dwelling types)

54,188

Active Listings

Up 1801 from last week

4,140

Pending

Up 470 from last week

3,120

Sold in Past 30 Days

Down 230 from last week

        Sold dates range is 12/16/2007 – 01/16/08
Total Listings as of 01/16/08
Information reliable but not guaranteed.

The Southeast Valley currently has 14.6 months worth of inventory
Active Listings in MLS.
(This is an increase over last week's report of 13.3 months worth of inventory.) 
Southeast Valley* MLS Inventory Data
(All dwelling types)

18,834

Active Listings

Up 332 from last week

1,635

Pending

Up 70 from last week

1,413

Sold in Past 30 Days

Down 103 from last week

        *Southeast Valley cities include Ahwatukee, Apache Junction, Chandler, Gilbert, Guadalupe, Mesa, Queen Creek, Scottsdale, Sun Lakes and Tempe
  Sold dates range is 12/16/2007 – 01/16/08
Total Listings as of 01/16/08
Information reliable but not guaranteed..

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