Where Are All The Fourplexes: Sales Increase And Supply Dwindles Away.

By sonoran • May 28th, 2009

It’s a busy market out there.  All the good stuff seems to be disappearing : from good condos, homes, to small multifamily.

The supply of multifamily fourplexes is quickly dwindling sway.  Most of the good stuff is selling quickly as investors realize how good they have it now.

Except that properties will not wait for them.  There is plenty demand now that supply is removed within 2 months on average and good ones sell in a matter of a week or two.

There are 235 active fourplexes.

89 are Pending

83 Sold in the last 30 day.

Another 21 are Pending with instructions to leave Active.

This puts the supply of fourplexes in Greater Phoenix at 2.9 Months.

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