Increased Buyer Activity in the Phoenix Metro Real Estate Market signalling a change?

Is the Phoenix Metro Real Estate Market starting to turn around? Increased buyer activity may be signaling just that!

We currently have 14.7 months worth of inventory in

Active Listings in MLS.

(This is a market improvement over last week.)

Arizona Regional MLS Inventory Data

(All dwelling types)

56,365	Active Listings	Increased 267 from last week
6,910	Pending	Increased 285 from last week
3,831	Sold in Past 30 Days	Increased 173 from last week

Sold dates range is 2/20/08 - 03/20/08

Total Listings as of 03/20/08

Information reliable but not guaranteed.

The Southeast Valley currently has 12.9 months worth of inventory

Active Listings in MLS.

(This is a market improvement over last week.)

Southeast Valley* MLS Inventory Data

(All dwelling types)

19,978	Active Listings	Increased 59 from last week
2,739	Pending	Increased 62 from last week
1,554	Sold in Past 30 Days	Increased 88 from last week

*Southeast Valley cities include Ahwatukee, Apache Junction, Chandler, Gilbert, Guadalupe, Mesa, Queen Creek, Scottsdale, Sun Lakes and Tempe

Sold dates range is 2/20/08 - 03/20/08

Total Listings as of 03/20/08

Information reliable but not guaranteed

For more Information visit Chandler Arizona Real Estate. This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low. Search the Arizona MLS

For more blog postings www.PhoenixArizonaRealEstateBlog.com

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Amy Jones
RE/Max Elite
Chandler, AZ

Office Phone: (480) 355-8000
Cell Phone: (480) 250-3857
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