Phoenix Arizona Real Estate Weekly Market Update
Our Real Estate Market's excess inventory is creating our current buyer's market. The following weekly report will indicate an improvement when our "Active Listings" Decrease & when our "Pending" and "Solds" IncreaseWe currently have 19.4 months worth of inventory in Active Listings in MLS. (This is an improvement from last week's report of 22.6 months worth of inventory.) Arizona Regional MLS Inventory Data (All dwelling types)55,470 | Active Listings | Improved 211 from last week |
5,037 | Pending | Improved 41 from last week |
2,858 | Sold in Past 30 Days | Improved 398 from last week |
Sold dates range is 1/06/08 – 02/06/08Total Listings as of 02/06/08Information reliable but not guaranteed.The Southeast Valley currently has 17.1 months worth of inventory Active Listings in MLS.(This is an improvement from last week's report of 17.9 months worth of inventory.) Southeast Valley* MLS Inventory Data(All dwelling types)19,691 | Active Listings | Improved 12 from last week |
1,974 | Pending | Improved 23 from last week |
1,154 | Sold in Past 30 Days | Improved 54 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 1/06/08 – 02/06/08 Total Listings as of 02/06/08Information reliable but not guaranteed.For more Information visit Chandler Arizona Real Estate. This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite.
Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low.
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