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Goodyear

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Goodyear AZ Real Estate Market Trends For Late Summer 2011

Sunday, September 18th, 2011 at 1:41pm. 606 Views, 0 Comments.

Active listings are up in Goodyear AZ, this is as expected. The number is now 623 homes vs 610 in August and 651 in June. Sales too have dropped to 149 over the last 30 days, which is down from 218 the previous 30 day period: all normal and expected. This has resulted in an increase in inventory to 3.9 months from 2.9 months last month.

Not surprisingly it will be easier to find a home now as less people are looking and competing for the same homes. 

goodyear_az_market_trends_515

( Graph: Cromford Report )

39% of all sales in Goodyear are bank owned and 29% are shorts sales: 68% of all homes sold are distressed. Still an amazing number and one that is too high. Hopefully as the market progresses onward the numbers will improve. Foreclosures are going down in all of

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