One of yesterday’s posts referenced Phoenix homes listed under $200,000. As promised, here are the actual numbers of homes currently listed in the Phoenix area MLS for under $200K.
Data is for single-family detached homes only. No condos, town homes, or manufactured homes (other than erroneously entered data, of which there is certainly some).
“Total ARMLS” covers all of Maricopa County and the vast majority of Pinal County. As such, it includes many small outlying areas (where approximately 1/3 of the homes under $200K can be found).
Note the percentage of inventory under $200K for the ‘burbs that are somewhat distant from Phoenix proper — Queen Creek, Maricopa, and Apache Junction. They are showing significantly higher percentages than areas closer in. This should not be surprising to anyone familiar with real estate in these areas.
[tags]Phoenix real estate listings data, Phoenix homes under $200K[/tags]