"Active" homes for sale in Metro Phoenix remain consistent - October 2009

The total number of "active" homes for sale in Metro Phoenix remained consistent at just over 31,000 homes for the fourth month in a row. As the chart indicates, that's 20,000 homes less then we experienced during 2008 and all the way up March 2009.


The number of active foreclosure listings has also been steady at just under 12,000 homes over the last four months -- after reaching a high of over 22,000 homes for sale in the Phoenix area in February 2009.

Metro Phoenix foreclosures have accounted for the majority of home sales over the last 12 months, reaching as high as 75.9% of all Metro Phoenix homes for sale in March 2009. Those figures will be updated in the next few days on this blog. The foreclosure market has severely impacted the Phoenix area and the prices of all homes for sale.