Things Are Looking Good
The market has picked up with total re-sales in Maricopa County for March at 5,984. That’s up over 1,000 from February but down over 2,000 homes(-25%) from last year! REO closed was 392 which is 7% and short sales closed was 256 which is 4%. Normal sales closed were 5,336 which represents 89%. Pending inventory rose to 9,912. REO pending was at 572 which is 6% and short sales are at 1,670 which is 17% and normal sales pending at 6,671 which is 77%. Active inventory for Maricopa County remained flat at 22,313. REO active is 794 which is 4% and short sales are at 784 which is 4% and normal listings are at 20,763 which represents 92%.
Laura Ters, HomeSmart Realty, is YOUR destination for real estate in the southeast valley, Gilbert, Chandler, Mesa, Ahwatukee, Tempe.
Call her today for more information and a free home consultation at 480-442-7553.
What is YOUR home worth in today's market?
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