Weekly Arizona Regional Multiple Listing Service Data
This weekly report will indicate an improvement (indicated in Green) when our "Active Listings" Decrease & our "Pending" and "Sold" Listings Increase.WE'VE GOT GREEN ACROSS THE BOARD! While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market is definitely now on a positive trend. With more buyer activity over the last couple months, our market's inventory has continued to fall. The entire Arizona Regional MLS is now carrying less than a year's worth of inventory. We will be in a balanced market when we reach approximately 6 months worth of inventory.We currently have 11.3 months worth of inventory in Active Listings in MLS.(Down from 12.1 months last week.)Arizona Regional MLS Inventory Data (All dwelling types)55,428 | Active Listings | Down 36 from last week | 8,504 | Pending | Up 76 from last week | 4,927 | Sold in Past 30 Days | Up 332 from last week |
Sold dates range is 4/07/2008-5/07/2008 Total Listings as of 5/07/2008Information reliable but not guaranteed.The Southeast Valley currently has 9.7 months worth of inventory Active Listings in MLS.(Down from 10.6 months last week.)Southeast Valley* MLS Inventory Data(All dwelling types)18,986 | Active Listings | Down 457 from last week | 3,389 | Pending | Up 72 from last week | 1,965 | Sold in Past 30 Days | Up 126 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 4/07/2008-5/07/2008 Total Listings as of 5/07/2008Information 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 Mountains communities of Pinetop/Lakes & Show Low.
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