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It appears as though our Phoenix, Arizona
market is adjusting. I’ve been keeping track since January 1, 2009 (and before),
and posting updates regularly. If you will recall, in January, we were up to
almost 60,000 active listings. Things are changing. As of today, May 3, 2009, we are at just above 39,000 active listings. Inventory stats of all
listings in our MLS are as follows:
March
19
Active: 48,837
Pending: 10,869
April
3
Active: 45,694
Pending: 11,896
April
10
Active: 44,348
Pending: 12,963
April
17
Active: 42,907
Pending: 13,403
April
29
Active: 40,437
Pending: 14,226
Listed below are the
comparisons for the cities and for the zip codes indicated. Note that I am only including Single Family Residences and not
townhomes, apartment homes, etc.
| City of Phoenix |
6,889
|
3,791
|
| City of Mesa
|
2,344 |
949 |
| City of Gilbert |
1,665 |
1,004 |
| City of Gold Canyon |
289 |
36 |
| City of Apache Junction |
335 |
118 |
| City of Queen Creek |
|
|
| Zip Code - 85242 |
518 |
315 |
| Zip Code - 85243 |
322 |
264 |
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