Phoenix Real Estate Market shows Increased Buyer Activity. Could the market be turning?
Is the Phoenix Metro Real Estate Market starting to turn around? Increased buyer activity may be signaling just that!
We currently have 14.7 months worth of inventory in Active Listings in MLS. (This is a market improvement over last week.)Arizona Regional MLS Inventory Data (All dwelling types)56,365 | Active Listings | Increased 267 from last week |
6,910 | Pending | Increased 285 from last week |
3,831 | Sold in Past 30 Days | Increased 173 from last week |
Sold dates range is 2/20/08 – 03/20/08 Total Listings as of 03/20/08Information reliable but not guaranteed.The Southeast Valley currently has 12.9 months worth of inventory Active Listings in MLS.(This is a market improvement over last week.)Southeast Valley* MLS Inventory Data(All dwelling types)19,978 | Active Listings | Increased 59 from last week |
2,739 | Pending | Increased 62 from last week |
1,554 | Sold in Past 30 Days | Increased 88 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 2/20/08 – 03/20/08 Total Listings as of 03/20/08Information reliable but not guaranteed..