Phoenix Area Real Estate Blog

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

Search the blog:

Phoenix Real Estate Market Update - #12

This is the first update I am doing where all data was retrieved via the new FlexMLS system.  The system hasn’t gone live yet (go live date is July 28, 2008), but it is available in read only mode, making it perfect for the weekly statistical update.  As I cross-check between systems, the numbers vary a tiny bit, but it’s less than 0.1%, which I suspect is the difference between the live updates made throughout today and the snapshot that FlexMLS took 12+ hrs ago.

Across all of Maricopa County, there are currently 36,917 single family homes for sale, up by 125 from last week. There are 5556 sales currently pending, down by 39 from last week. And 4402 homes closed escrow in the last 30 days, up by 26 from last week. As a result, broader Maricopa County now has 8.4 months of inventory, based on this week’s numbers.

City

Homes For Sale

Sales Pending

Sold

Phoenix

10,387red-up-arrow58

1455red-down-arrow22

1060green-up-arrow36

Scottsdale

3915green-down-arrow15

335red-down-arrow4

301red-down-arrow5

Mesa

3247red-up-arrow36

513green-up-arrow1

408green-up-arrow0

Chandler

1845green-down-arrow7

335red-down-arrow2

328red-down-arrow14

Glendale

2096red-up-arrow5

371green-up-arrow9

279red-down-arrow10

Goodyear

876green-down-arrow10

173green-up-arrow7

132 red-down-arrow11

Tempe

532red-up-arrow5

84green-up-arrow2

91 red-down-arrow13

Cave Creek

530red-up-arrow4

45red-down-arrow4

49 green-up-arrow8

Fountain Hills

506green-down-arrow4

27red-down-arrow7

27 green-up-arrow3

Paradise Valley

458red-up-arrow6

14 red-down-arrow1

17 red-down-arrow2

Carefree

118green-down-arrow1

6 red-down-arrow1

7 green-up-arrow0

*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:

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

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

.

If you enjoyed this post, consider subscribing to the blog

{ 0 comments… add one now }

Leave a Comment

Click to hear an audio file of the anti-spam equation

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

See our comment policy, for any questions regarding what is considered a valid comment.