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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 5/07/2008
Information 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 5/07/2008
Information 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. 

Search the Arizona MLS   Search the White Mountain MLS

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