PHOENIX & EAST VALLEY SALES & LISTINGS

The latest "last 30 day" report for the Southeast Phoenix Valley market provided courtesy of First American Title.

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MLS INVENTORY - 05/07 - SOUTHEAST VALLEY

The number of listings decreased by 547 from 2 weeks ago, new contracts in escrow increased by 51 and sales were up by 121(6.6%). The positive news continues!

With the ACTIVE listings at 18986 and SALES at 1965, we now have 9.7 months of inventory in the pipeline for the South East Valley, down from over 10.8 months.

The South East Valley provided most of the positive results for the total Phoenix MLS area which showed the listings decreased by only 217 to 55428, new contracts in escrow were down by 27, althougth sales completed were up by 407 (9.0%).

MLS INVENTORY - 05/07 - TOTAL VALLEY


Keep up the good work, folks.

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