Amarillo and Canyon Housing Inventory Report

Real Estate Agent with Keller Williams Realty

Housing Inventory is still low for lower priced homes in Amarillo and Canyon.  Months of inventory that is less than 5 months is considered a Seller's market. Months of inventory between 5 and 7 months is considered neutral market and above 8 months is considered a buyer's market.

 Single Family Unit Sales Amarillo Area
3/6/07 to 3/6/08
Price ClassTotalActive ListingsPending SalesMonths of Inventory
$29999.99 and under721853.0
$40000-$49999.999925 93.0
$500000 and over3837611.7
***Totals*** 3005 1227266 

Comments (3)

* Rate A Home
Rate A Home - Saugatuck, MI
Lisa, not to bad of an absorption rate, seen a whole lot worse.
Mar 06, 2008 04:24 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Lisa,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!


Mar 08, 2008 05:42 PM
Dorene Shirley
The Mortgage & Property Connection - Campbell, CA
Silicon Valley Real Estate
Lisa - Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer.  The more you browse the more you will learn.  I have found this site to be really helpful to me.  If you have any questions, please don't hesitate to email me, I will do whatever I can to help you.


Mar 09, 2008 01:04 AM