Phoenix Real Estate Blog

Arizona Regional Multiple Listing Service Data (Updated Weekly)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 on a positive trend.   Maricopa & Pinal County Inventory Update(All dwelling ...

6/15/086/22/086/29/087/6/087/13/087/20/08Totals this week      Active listings16,15016,23416,11715,82315,77415,806Change from last week-684-117-294-4932AhwatukeeActive Listings649652636630616618Average List Price$537,182$538,264$544,686$544,911$538,786$532,461Average Days on Market141142141140139137Prior ...

This week: Our inventory is holding pretty steady as I believe we are in the midst of a plateau.  Stay tuned!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 and appears to be correcting ever so ...

ChandlerActive Listings190819051919187818441851Average List Price$435,380$434,639$431,524$433,241$434,587$430,605Average Days on Market137135135139136135Prior Week      Sale Recorded (Closed)395677907547Average List Price$324,735$288,954$287,289$335,375$311,074$305,516Average Sales ...

6/1/086/8/086/15/086/22/086/29/087/6/08      Active listings16,34616,15616,15016,23416,11715,823Change from last week-403-190-6+84-117-294AhwatukeeActive Listings655642649652636630Average List Price$546,420$545,522$537,182$538,264$544,686$544,911Average Days on Market137141141142141140Prior ...

4/5/085/4/085/11/085/18/085/25/086/1/08AhwatukeeActive Listings678687687683682655Average List Price$541,438$543,704$545,401$544,915$539,863$546,420Average Days on Market139132136133135137Prior Week      Sale Recorded (Closed)183514232039Average List Price$345,201$434,281$331,650$372,278$315,040$372,668Average Sales ...

This week, while we noticed a drop in inventory, our "months worth of inventory" has increased.  How does this happen?  Our sales numbers have fallen slightly, which means that even though we have fewer homes on the market than we have had, the rate at which they are selling has decreased which results in more days on market as ...

3/29/084/5/085/4/085/11/085/18/085/25/08AhwatukeeActive Listings703678687687683682Average List Price$537,906$541,438$543,704$545,401$544,915$539,863Average Days on Market143139132136133135Prior Week      Sale Recorded (Closed)201835142320Average List Price$394,735$345,201$434,281$331,650$372,278$315,040Average Sales ...

3/29/084/5/085/4/085/11/085/18/08AhwatukeeActive Listings703678687687683Average List Price$537,906$541,438$543,704$545,401$544,915Average Days on Market143139132136133Prior Week     Sale Recorded (Closed)2018351423Average List Price$394,735$345,201$434,281$331,650$372,278Average Sales ...

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 ...