Phoenix Area Real Estate Blog

Real Estate information for Phoenix, Scottsdale, and nearby Arizona cities

Phoenix Area Real Estate Blog

Phoenix Real Estate Market Update

There are currently 38,298 single family homes for sale, down by 134 from last week. There are 5339 sales currently pending, up by 46 from last week. And 4051 homes closed escrow in the last 30 days, up by 206 from last week. Broader Maricopa County is now below 9.5 months of inventory, based on this week’s numbers. The following are the 10 city-by-city breakdowns I am following:

City

Homes For Sale

Sale Pending

Sold

Phoenix

10280 green-down-arrow40

1249 green-up-arrow69

924 green-up-arrow19

Scottsdale

4201 green-down-arrow18

373 red-down-arrow6

297 green-up-arrow18

Mesa

3354 green-down-arrow37

509 red-down-arrow11

377 green-up-arrow21

Chandler

2019 red-up-arrow7

337 red-down-arrow4

295 green-up-arrow17

Glendale

2123 green-down-arrow20

341 green-up-arrow16

247 green-up-arrow20

Goodyear

983 green-down-arrow6

168 red-down-arrow5

136 green-up-arrow14

Tempe

502 green-down-arrow0

111 red-down-arrow7

79 green-up-arrow5

Cave Creek

582 green-down-arrow6

35 green-up-arrow11

37 green-up-arrow1

Fountain Hills

509 green-down-arrow1

39 red-down-arrow2

26 red-down-arrow3

Paradise Valley

467 green-down-arrow3

18 red-down-arrow3

21 green-up-arrow4

Carefree

140 green-down-arrow9

4 red-down-arrow2

7 green-up-arrow1

*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:

green-up-arrow Positive move upward green-down-arrow Positive move downward

red-down-arrow Negative move downward red-up-arrow Negative move upward

.

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Tags: Market Update · Phoenix · Real Estate · Scottsdale

1 response so far ↓

  • MyAvatars 0.2 1 Jonathan Dalton // May 19, 2008 at 10:18 am

    Does this mean I need to start posting these a day earlier myself?

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