There are currently 37,177 single family homes for sale, down by 201 from last week. There are 5412 sales currently pending, up by 269 from last week. And 4402 homes closed escrow in the last 30 days, up by 252 from last week. Broader Maricopa County is now at 8.4 months of inventory, based on this week’s numbers.
The broader Phoenix real estate statistics continue to improve toward a balanced market. The following are the 10 city-by-city breakdowns I am following:
|
City |
Homes For Sale |
Sale Pending |
Sold |
| Phoenix |
10,161 |
1317 |
956 |
| Scottsdale |
4051 |
370 |
331 |
| Mesa |
3298 |
509 |
418 |
| Chandler |
1937 |
348 |
305 |
| Glendale |
2038 |
360 |
259 |
| Goodyear |
911 |
167 |
141 |
| Tempe |
513 |
93 |
109 |
| Cave Creek |
565 |
48 |
25 |
| Fountain Hills |
519 |
37 |
29 |
| Paradise Valley |
449 |
18 |
20 |
| Carefree |
128 |
6 |
3 |
13*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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