Phoenix Real Estate Blog

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 ...

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 ...

The Real Estate Market in the Phoenix East Valley continues to show improvement.  Almost all cities show a reduction in active listings and steady buyer activity.  Interesting to note that homes that are selling are typically NOT short sale listings.  In Maricopa where there is a very high ratio of short sale listings for example, ...

3/1/083/8/083/15/083/22/083/29/08AhwatukeeActive Listings707711699695703Average List Price$523,558$533,453$530,038$534,600$537,906Average Days on Market142143144145143Prior Week     Sale Recorded (Closed)1514172120Average List Price$383,141$275,617$344,957$393,961$394,735Average Sales ...

2/16/082/23/083/1/083/8/083/15/08AhwatukeeActive Listings714715707711699Average List Price$511,084$518,428$523,558$533,453$530,038Average Days on Market143143142143144Prior Week     Sale Recorded (Closed)146151417Average List Price$507,653$293,633$383,141$275,617$344,957Average Sales ...

2/9/082/16/082/23/083/1/083/8/08AhwatukeeActive Listings709714715707711Average List Price$509,507$511,084$518,428$523,558$533,453Average Days on Market144143143142143Prior Week     Sale Recorded (Closed)151461514Average List Price$446,673$507,653$293,633$383,141$275,617Average Sales ...

Our Real Estate Market's excess inventory is creating our current buyer's market.  The following weekly report will indicate an improvement when our "Active Listings" Decrease & when our "Pending" and "Solds" IncreaseWe currently have 19.4 months worth of inventory in Active Listings in ...

We currently have 20.4 months worth of inventory in Active Listings in MLS. (This is an increase over last week's report of 17.4 months worth of inventory. This monthly inventory may seem high this week because the “Sold” date range includes the last two weeks of the year, which are traditionally very slow for ...