PHOENIX & EAST VALLEY SALES & LISTINGS

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

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MLS INVENTORY - 06/25 - SOUTHEAST VALLEY

The number of listings in the SOUTHEAST VALLEY went down by only 20 from 3 weeks ago, new contracts in escrow up by 183 but sales were down by 83 (3.6%).

With the ACTIVE listings at 18174 and SALES at 2200, we now have 8.72 months of inventory in the pipeline for the South East Valley.

In the past week I have noted increased activity in both my own office and in the title companies I have visited. Is it a trend in the making or just a blip on the radar screen. We should know more by the next report from 1st American Title.


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I will report of Greater Phoenix in the next report.