This weekly report will indicate an improvement (indicated in Green) when our "Active Listings" Decrease & our "Pending" and "Sold" Listings Increase. While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market seems to be making a positive trend. With more buyer activity over the last few weeks, our market inventory has continued to fall. The Southeast Valley is now carrying less than a year's worth of inventory! We currently have 12.7 months worth of inventory in (A market improvement over last week.) Arizona Regional MLS Inventory Data (All dwelling types)55,554 | Active Listings | Deacreased 1006 from last week! | 6,850 | Pending | Decreased 201 from last week | 4,360 | Sold in Past 30 Days | Increased 252 from last week |
Sold dates range is 3/2/2008-4/2/2008Total Listings as of 4/2/2008Information reliable but not guaranteed.The Southeast Valley currently has 11.1 months worth of inventory Active Listings in MLS.(We have dropped below a year's worth of inventory! A market improvement over last week.)Southeast Valley* MLS Inventory Data(All dwelling types)19,652 | Active Listings | Decreased 364 from last week | 2,685 | Pending | Decreased 96 from last week | 1,770 | Sold in Past 30 Days | Increased 145 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 3/2/2008-4/2/2008 Total Listings as of 4/2/2008Information 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 Mountainscommunities of Pinetop/Lakeside & Show Low. For a comprehensive Phoenix Real Estate Blog visit: Phoenix Arizona Real Estate BlogSearch the Arizona MLS... |