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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 10.7 months worth of inventory in Active Listings in MLS.(Down from 11.3 months last week.)Arizona Regional MLS Inventory Data(All dwelling types)
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54,315
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Active Listings |
Down 1113 from last week
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8,901
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Pending |
Up 397 from last week
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5,060
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Sold in Past 30 Days |
Up 133 from last week
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Sold dates range is 4/13/2008-5/13/2008Total Listings as of 5/13/2008Information reliable but not guaranteed.
The Southeast Valley currently has 9.4 months worth of inventory Active Listings in MLS.(Down from 9.7 months last week.)Southeast Valley* MLS Inventory Data(All dwelling types)
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18,885
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Active Listings |
Down 101 from last week
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3,560
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Pending |
Up 171 from last week
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2.004
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Sold in Past 30 Days |
Up 39 from last week
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*Southeast Valley cities include Ahwatukee, Apache Junction, Chandler, Gilbert, Guadalupe, Mesa, Queen Creek, Scottsdale, Sun Lakes and Tempe Sold dates range is 4/13/2008-5/13/2008 Total Listings as of 5/13/2008Information 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.
Amy Jones, Realtor, ABR, CNE, EPro, CDPE
Chandler, Sun Lakes, Ahwatukee, Gilbert, Tempe & Mesa
Named one of the "Top 50 Real Estate Agents" by the Phoenix Business Journal
RE/Max Excalibur
4921 S. Alma School Rd
Chandler, Arizona
Direct~480-250-3857
Visit www.AmySellsAZ.com for more information including free MLS search.
Visit www.PhoenixArizonaRealEstateBlog.com for a comprehensive Phoenix Area Blog.
Visit www.SunLakesBlog.com about living in Sun Lakes, AZ.
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Amy Jones
Chandler,
AZ
More about me…
Chandler, Arizona RE/Max Excalibur
Address: Fulton Ranch, 4921 S. Alma School Rd, Chandler, AZ, 85248
Office Phone: (480) 250-3857
Cell Phone: (480) 250-3857
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