For ARMLS, the new FlexMLS goes live tomorrow (July 28, 2008). As a result of the change over from Tempo, all data updates have been frozen since Friday morning. Therefore the accuracy for this update is certainly off, as changes in statuses for Friday, Saturday, and today (particularly closings on Friday) are not reflected in the numbers below. Next week, I expect bigger changes than we would otherwise expect, as the new data pours into the system on Monday/Tuesday to catch up from over the weekend.
Across all of Maricopa County, there are currently 37,381 single family homes for sale, up by 464 from last week. There are 5675 sales currently pending, down by 119 from last week. And 3483 homes closed escrow in the last 30 days, down by 919 from last week. As a result, broader Maricopa County now has 10.7 months of inventory, based on this week’s numbers.
|
City |
Homes For Sale |
Sales Pending |
Sold |
| Phoenix |
10,624 |
1455 |
846 |
| Scottsdale |
3926 |
353 |
234 |
| Mesa |
3278 |
500 |
325 |
| Chandler |
1867 |
346 |
238 |
| Glendale |
2149 |
368 |
207 |
| Goodyear |
882 |
184 |
105 |
| Tempe |
540 |
81 |
77 |
| Cave Creek |
521 |
43 |
39 |
| Fountain Hills |
492 |
38 |
22 |
| Paradise Valley |
456 |
16 |
12 |
| Carefree |
113 |
5 |
6 |
*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
.
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