Across all of Maricopa County, there are currently 37, 213 single family homes for sale, up by 122 from last week. There are 5582 sales currently pending, down by 110 from last week. And 4475 homes closed escrow in the last 30 days, down by 2 from last week. As a result, broader Maricopa County is now at 8.3 months of inventory, based on this week’s numbers.
The broader Phoenix real estate statistics continue to show that the market is improving toward a balanced market. The following are the 10 city-by-city breakdowns I am following:
|
City |
Homes For Sale |
Sales Pending |
Sold |
| Phoenix |
10,315 |
1360 |
1024 |
| Scottsdale |
4065 |
366 |
328 |
| Mesa |
3294 |
515 |
429 |
| Chandler |
1921 |
360 |
314 |
| Glendale |
2027 |
356 |
263 |
| Goodyear |
901 |
156 |
149 |
| Tempe |
520 |
91 |
107 |
| Cave Creek |
559 |
51 |
31 |
| Fountain Hills |
520 |
33 |
35 |
| Paradise Valley |
457 |
23 |
16 |
| Carefree |
125 |
6 |
3 |
*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.
The following trend indicators are relative to the previous week’s update:
Positive move upward 
Positive move downward
Negative move downward 
Negative move upward
.
{ 1 comment… read it below or add one }
Keahi Pelayo 06.24.08 at 12:57 pm
Wow, thanks for the creative and detailed set of stats.
Aloha,
Keahi