Total re-sales in Maricopa County for February were 5,871. That’s up over 600 from January. REO closed was 758 which is 13% and short sales closed was 904 which is 15%. Normal sales closed was 4,210 which represents 72%. Pending inventory is up to 13,580. REO was at 1,311 which is 10% and short sales are at 5,436 which is 40% and normal sales pending have overtaken short sales pending for the second straight month at 6,833 which is just over 50%. Active inventory for Maricopa County is at 13,484. REO active is 933 which is 7% and short sales are at 653 which is 5% and normal listings are at 11,898 which represents 88%!
Thanks Tony Scardina at Security Title for this information.
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