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Update on Phoenix, and Mesa Arizona Real Estate Inventory as of October 15, 2011!

By
Real Estate Broker/Owner with Homes Arizona Real Estate LLC

From time to time, I like to provide the actual numbers for my readers. Buyers and Sellers alike Numbers1“should” keep abreast of the real estate market. I’m always amazed at some of the dire numbers and doom and gloom coming from the media. I personally track – almost every day, the numbers of active listings, pending and sold within the past month or few months. Remember, in January of 2005, we had “less” than 7,000 active listings – and the demand became absolutely frenzied.

That isn’t very many listings since our listings include properties from all over Arizona. Typically, someone wanting to sell their lot or their home or mobile home, wherever they are in Arizona, know that the majority of home buyers are looking from the Phoenix metropolitan area, thus they list them in this MLS.

In our entire multiple listing area:  as of October 15, there were 19,783 active listings.

In Phoenix: there were 3,883 ACTIVE listings, and 3,082 PENDING, and 5,252 have CLOSED since July 30, 2011.

In Mesa: there were 1,642 ACTIVE listings, 1,018 PENDING, and 1,848 CLOSED since July 30, 2011.

I generally post my updates in Facebook at Mesa Arizona Real Estate. If you would like the numbers on any of the other cities in our valley, just shoot me an email, sign up on my website at: Homes Arizona Real Estate, or give me a call. I’m here to help.

Comments (7)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

The market is flat in our area.  People are not ready to move to much fear in the water.

Oct 24, 2011 06:12 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Glad to see you are back, missed you here in the rain. Hopefully some of these listings will move soon and you will be the agent to move them.

 

Oct 25, 2011 06:17 AM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

Our market in the Boston area keeps chugging along at a slow pace, but a pace none the less.  Prices are down but steady and closings are harder to come by but better when they get here. The continue at a normal pace, now to find my share.  Thanks for the stats

Oct 25, 2011 08:48 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Teri.....Like Todd, Great to see you here again and interesting posts...Great Market update...Look at all those pending Sales!!

Oct 25, 2011 05:41 PM
Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed

Hey guys, I'm never far away. I frequently stop by for a looksee on AR to check up on my old friends. AND facebook of course.

Larry, a slow pace for sure! Thanks for stopping by. ;-)

Oct 25, 2011 06:47 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Teri If I don't get by this way before now and then Arthur and I wish you and your family a Merry Christmas and a Happy, Healthy and Prosperous New Year

Dec 11, 2011 09:45 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Just wanted to stop off and wish you a Merry Christmas and a happy New Year and thank you for being a part of this great network, that without we would have never connected. 

 

Dec 24, 2011 07:10 AM