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Market snapshot for the Phoenix metro area over the past 30 days

Market Snapshot as of 5/31/2008 (from ARMLS)


Active listings in ARMLS 53, 620 (54,244 last week)

Active with contingency 1,431 (1,477 last week)

Pending sales 6,909 (7,446 last week)

Sales 6,201 (since 4/30/2008)

Cancelled listings 5,229 (since 4/30/2008)

Expired listings 3,906 (since 4/30/2008)

Temporarily Off Market 996 (since 4/30/2008)

Investory is staying constant but sales are getting stronger and pending sales are rising, all good signs for our market

Posted Saturday May 31

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