Across all of Maricopa County, there are currently 37,403 single family homes for sale, up by 190 from last week. There are 5496 sales currently pending, down by 86 from last week. And 4725 homes closed escrow in the last 30 days, up by 250 from last week. As a result, broader Maricopa County is now at 7.9 months of inventory, based on this week’s numbers.
While there is more inventory, the increased number of sold homes improved the months of supply figure significantly. The following are the 10 city-by-city breakdowns I am following:
|
City |
Homes For Sale |
Sales Pending |
Sold |
| Phoenix |
10,470 |
1362 |
1120 |
| Scottsdale |
4054 |
354 |
354 |
| Mesa |
3294 |
506 |
438 |
| Chandler |
1878 |
332 |
350 |
| Glendale |
2091 |
345 |
276 |
| Goodyear |
916 |
158 |
152 |
| Tempe |
533 |
85 |
109 |
| Cave Creek |
559 |
51 |
31 |
| Fountain Hills |
516 |
33 |
34 |
| Paradise Valley |
455 |
22 |
18 |
| Carefree |
123 |
8 |
5 |
*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
.
