Phoenix Real Estate Market Update – #4

There are currently 38,266 single family homes for sale, down by 32 from last week. There are 5511 sales currently pending, up by 172 from last week. And 4154 homes closed escrow in the last 30 days, up by 103 from last week. Broader Maricopa County is now at 9.2 months of inventory, based on this week’s numbers. The following are the 10 city-by-city breakdowns I am following:

*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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