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 - 05/28 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY decreased by 40 from 2 weeks ago, new contracts in escrow decreased by 55 but sales were up by 180 (8.9%). Pretty positive gain!

With the ACTIVE listings at 18845 and SALES & PENDING at 5689, we now have 8.7 months of inventory in the pipeline for the South East Valley.

Positive results for the total Phoenix MLS area showed the listings decreased by 95 to 54220, new contracts in escrow were up by 26, and sales completed were up by 446. We now have 10.1 months of inventory in the Phoenix MLS pipeline.

MLS INVENTORY - 05/28 - TOTAL VALLEY


Keep your eye on the market, we may be stabilizing.

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