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The number of listings in the SOUTHEAST VALLEY decreased by 95 from 2 weeks ago, new contracts in escrow increased by 171 and sales were up by 39 (2.0%). The positive news continues!
With the ACTIVE listings at 18885 and SALES at 2004, we now have 10.6 months of inventory in the pipeline for the South East Valley, up slightly from 2 weeks ago.
Positive results for the total Phoenix MLS area showed the listings decreased by 1330 to 54315, new contracts in escrow were up by 370, and sales completed were up by 540 (11.9%). We now have 9.3 months of inventory in the Phoenix MLS pipeline.
Keep the good times rolling.
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