By: This week’s update occurs on Mother’s Day. We certainly hope every mom had a great Mother’s Day. Judging by the numbers, there are probably a few happy moms in Maricopa County right now, as all of the numbers show the current trend toward a generally positive direction.
There are 38,432 single family homes for sale, down by 87 from last week. There are 5293 sales currently pending, up by 269 from last week. And 3845 homes closed escrow in the last 30 days, up by 191 from last week. Broader Maricopa County has almost exactly 10 months of inventory, based on this weeks numbers. The following are the 10 city-by-city breakdowns I am following:
|
City |
Homes For Sale |
Sale Pending |
Sold |
| Phoenix |
10320 |
1180 |
905 |
| Scottsdale |
4219 |
379 |
279 |
| Mesa |
3391 |
520 |
356 |
| Chandler |
2012 |
341 |
278 |
| Glendale |
2143 |
325 |
227 |
| Goodyear |
989 |
173 |
122 |
| Tempe |
502 |
118 |
74 |
| Cave Creek |
588 |
24 |
36 |
| Fountain Hills |
510 |
41 |
29 |
| Paradise Valley |
470 |
21 |
17 |
| Carefree |
149 |
6 |
6 |
*All data comes via ARMLS, and is presumed to be reliable, but is not guaranteed. All numbers represent single family detached homes only. Condos, townhouses, timeshares, vacant land lots, and manufactured homes are not represented in these numbers. All sold properties were sold in the last 30 days.
All trend indicators are relative to the previous week’s update:
Positive move upward 
Positive move downward
Negative move downward 
Negative move upward
.
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