Phoenix, Arizona MLS Stats as of April 2, 2008

It's time to share what is going on in our market. Just FYI, all of the nay-sayers and negative news doesn't necessarily reflect the "real" truth.

As my readers know, I keep a daily tally of active listings and of listings that are under contract. I have been seeing the numbers creep up. For instance - by way of example - we had 3,897 pending as of January 23! As of April 2, 2008, 6,850!!! I remember - January 2005 - just under 7,000 total active listings in our entire MLS. So, what do you think? Could this be a trend?

I'll let you decide, but I think that buyers who are ready to purchase a home, or sellers wanting to sell, JUST MIGHT want to consider making their move while: interest rates are low, there is plenty of inventory, and sellers are willing to negotiate!

Thinking about relocating to Mesa, Arizona or the Phoenix Valley? Call me at: 480.216-3334 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. OR visit one of my websites: HomesAzRE.com, MoveToSunnyAz, or AzLadyInRed, for photos of models, floorplans, new construction, resale and more.