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Market Snapshot For Phoenix Metro Area - 2/20/2009

By
Real Estate Agent with Keller Williams Realty Professional Partners

30-Day Market Snapshot as of 2/20/09
From the Arizona Regional Multiple Listing Service (ARMLS)

Past 30 days - (Residential Sales Only)
These numbers indicate that there is currently only 4.67 months of inventory!!!!

  • Active listings in ARMLS: 50,624 (50,916 last week)
  • Active with contingency: 1,406 (1,335 last week)
  • Pending sales: 9,416 (8,956 last week)
  • Sales in last 30 days: 5,173 (5,195 last week)
  • Cancelled: 4,930 (4,920 last week)         
  • Expired: 2,807 (2,933 last week)
  • Temporarily Off Market: 1,065 (1,051 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