Arizona Regional Multiple Listing Service Data (Updated Weekly)
While the Phoenix Real Estate market is currently experiencing a high inventory of homes for sale resulting in a buyer's market, our market seems to be making a positive trend. With more buyer activity over the last few weeks, our market's inventory has continued to fall. The Southeast Valley is now carrying less than a year's worth of inventory. We will be in a balanced market when we reach approximately 6 months worth of inventory.
We currently have 12.1 months worth of inventory in (Down from 12.7 months last week.) Arizona Regional MLS Inventory Data 55,464 | Active Listings | | 8,428 | Pending | | 4,595 | Sold in Past 30 Days | |
Sold dates range is 3/30/2008-4/30/2008 Total Listings as of 4/30/2008 Information reliable but not guaranteed.
The Southeast Valley currently has 10.6 months worth of inventory (Down from 11.0 months last week.) Southeast Valley* MLS Inventory Data 19,443 | Active Listings | | 3,317 | Pending | | 1,839 | Sold in Past 30 Days | |
*Southeast Valley cities include Ahwatukee, Apache Junction, Chandler, Gilbert, Guadalupe, Mesa, Queen Creek, Scottsdale, Sun Lakes and Tempe Sold dates range is 3/30/2008-4/30/2008 Total Listings as of 4/30/2008Information 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.
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