Home inventory in city dwindles to 15-day supply
by Brian Petersheim | inMaricopa
As March ended, the number of homes for sale in the city had dwindled to a 15-day supply.
That means that at the current sales pace it would take just 15 days for housing inventory to be depleted. In a normal market, there would be a 90-day supply.
As of Friday, there were 41 homes available – not under contract and looking for offers from prospective buyers – in the HOA subdivisions of Maricopa (since the non-HOA areas are so diverse.) Typically, there are more than 300 for sale.
