ACTIVE (FOR SALE) - 31,384 PENDING (UNDER CONTRACT) - 12,882 FORECLOSURES (BANK-OWNED) - 4,526 SHORT SALES (or pre-foreclosures) - 7,625

What is REALLY going on with Phoenix area real estate?  Here are the statistics as of 8/17/2009 - Properties For Sale in Phoenix-Metro area: 31,383 Lender Owned (foreclosures) for sale: 4,631 Short Sales for sale: 7,364 Properties under contract: 12,602 - 18,641 if you count those still in their inspection...