Dec. 19, 2006 - Phoenix Real Estate Market Stats through 12/19 |
I had planned on letting Bonnie enjoy the front page today. Then I took a look at the latest absorption rate numbers, through today. While the lower supply figures are due mostly to expiring inventory as the holidays approach, I'm not about to look a gift horse in the mouth. Inventory has steadily dropped the past three months, leading to lower absorption rate figures.
And sales for the 30 days immediately past are comparable to totals for late November, a little surprising given the reduced interest as the winter solstice approaches.
Phoenix Arizona Real Estate market stats through 12/20/06
| CITY |
SOLD 11/19-12/19 |
ACTIVE 12/19 |
Absorption Rate
as of 12/19/06 |
Change |
Buyer/Seller |
| Ahwatukee |
20 |
92 |
4.65 months |
-1.35 |
Seller |
| Anthem |
35 |
570 |
16.29 |
-1.93 |
Buyer |
| Avondale |
110 |
798 |
7.25 |
-1.46 |
Buyer |
| Buckeye |
62 |
747 |
12.05 |
-2.10 |
Buyer |
| Carefree |
2 |
95 |
47.50 |
15.83 |
Buyer |
| Cave Creek |
36 |
477 |
13.25 |
2.67 |
Buyer |
| Chandler |
313 |
1,891 |
6.04 |
-0.34 |
Buyer |
| Desert Hills |
13 |
180 |
13.85 |
-8.28
|
Buyer |
| El Mirage |
54 |
359 |
6.65 |
-0.37 |
Buyer |
| Fountain Hills |
37 |
383 |
10.35 |
-0.59
|
Buyer |
| Gilbert |
301 |
2,040 |
6.78 |
-0.49 |
Buyer |
| Glendale |
252 |
1,805 |
7.16 |
-0.23 |
Buyer |
| Goodyear |
93 |
970 |
10.43 |
-0.21 |
Buyer |
| Laveen |
57 |
381 |
6.68 |
-0.33 |
Buyer |
| Litchfield Park |
30 |
380 |
12.67 |
0.76 |
Buyer |
| Maricopa |
59 |
767 |
13.00 |
0.57 |
Buyer |
| Mesa |
423 |
2,727 |
6.45 |
-0.59 |
Buyer |
| Paradise Valley |
21 |
259 |
12.33 |
-0.77 |
Buyer |
| Peoria |
182 |
1,616 |
8.88 |
-0.53 |
Buyer |
| Phoenix |
1,190 |
6,664 |
5.60 |
-0.25 |
Buyer |
| Queen Creek |
159 |
1,656 |
10.42 |
-0.08 |
Buyer |
| Scottsdale |
302 |
2,900 |
9.60 |
-0.26 |
Buyer |
| Sun City |
74 |
606 |
8.19 |
-0.34 |
Buyer |
| Sun City West |
45 |
511 |
11.36 |
1.38 |
Buyer |
| Surprise |
195 |
1,975 |
10.13 |
-0.15 |
Buyer |
| Tempe |
92 |
385 |
4.18 |
-1.11 |
Seller |
| Tolleson |
28 |
281 |
10.04 |
-2.36 |
Buyer |
| Waddell |
16 |
102 |
6.48 |
-0.19 |
Buyer |
| TOTAL |
4,111 |
30,777 |
7.49 |
-0.42 |
Buyer |
(c) Jonathan Dalton, 2006 / Jonathan Dalton's Arizona Homes
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