30-Day Market Snapshot as of 5/30/09
From the Arizona Regional Multiple Listing Service (ARMLS)
Past 30 days - (Residential Sales Only)
These numbers indicate that there is currently only 3.48 months of inventory! Calculation: Active Listings divided by Sold Listings
- Active listings in ARMLS: 35,136 (36,162 last week)
- Active with contingency: 4,678 (4,485 last week)
- Pending sales: 13,024 (13,972 last week)
- Sales in last 30 days: 10,068 (9,327 last week)
- Cancelled: 3,462 (3,628 last week)
- Expired: 2,313 (2,390 last week)
- Temporarily Off Market: 1,168 (1,131 last week)
I send an email with this information every week that includes local business news for the Phoenix, AZ Metro Area. If you would like to be included, please send me your email address. Thanks.
Bob Pearson
Keller Williams Realty Professional Partners
www.bobpearsonrealty.com
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