30-Day Market Snapshot as of 3/7/09
From the Arizona Regional Multiple Listing Service (ARMLS)
Past 30 days - (Residential Sales Only)
These numbers indicate that there is currently only 4.26 months of inventory (down from last week's 4.44 months)!!!! Calculation: Active Listings divided by Pendings and AWC Listings
- Active listings in ARMLS: 49,328 (50,080 last week)
- Active with contingency: 1,638 (1,549 last week)
- Pending sales: 9,928 (9,719 last week)
- Sales in last 30 days: 5,818 (5,857 last week)
- Cancelled: 4,451 (4,926 last week)
- Expired: 2,534 (2,738 last week)
- Temporarily Off Market: 875 (1,015 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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