Here are the latest numbers, as of this morning. As always, all data provided by ARMLS and only single-family homes are taken into account. A couple of quick notes:
- I've started tracking Waddell, Litchfield Park, Laveen, Fountain Hills, the Sun Cities and Ahwatukee, and hope to backfill some data soon.
- Anthem's absorption rate fell once again, this time to 14.6.
- Waddell has the highest absorption rate in the Valley, with nearly a two-year available supply
- Active listings declined in Peoria, Surprise, Avondale, Goodyear, Tolleson, Anthem, Gilbert, Chandler and Queen Creek
Absorption Rates, 30-day avg. through 8/5
| CITY |
SOLD 7/6-8/5 |
ACTIVE 8-5 |
Abs. Rate |
Change |
Buyer/Seller Mkt |
| Phoenix |
1,334 |
7,171 |
5.4 months |
+ 0.4 |
Buyer/Neutral |
| Glendale |
341 |
2,010 |
5.9 |
+ 0.5 |
Buyer |
| Peoria |
234 |
1,744 |
7.5 |
- 0.2 |
Buyer |
| El Mirage |
71 |
506 |
7.1 |
+ 0.2 |
Buyer |
| Surprise |
251 |
2,229 |
8.9 |
- 0.4 |
Buyer |
| Avondale |
115 |
1,047 |
9.1 |
+ 0.5 |
Buyer |
| Goodyear |
99 |
1,113 |
11.2 |
- 0.6 |
Buyer |
| Tolleson |
40 |
336 |
8.4 |
+ 0.6 |
Buyer |
| Buckeye |
79 |
772 |
9.8 |
+ 0.2 |
Buyer |
| Anthem |
56 |
819 |
14.6 |
- 1.0 |
Buyer |
| Scottsdale |
366 |
2,850 |
7.8 |
+ 0.6 |
Buyer |
| Mesa |
486 |
3,022 |
6.2 |
+ 0.6 |
Buyer |
| Tempe |
115 |
452 |
3.9 |
None |
Seller |
| Gilbert |
338 |
2,605 |
7.7 |
+ 0.1 |
Buyer |
| Chandler |
360 |
2,345 |
6.5 |
+ 0.2 |
Buyer |
| Queen Creek |
207 |
2,281 |
11.0 |
- 0.7 |
Buyer |
| Maricopa |
67 |
785 |
11.7 |
+ 1.3 |
Buyer |
| Litchfield Park |
40 |
461 |
11.5 |
N/A |
Buyer |
| Fountain Hills |
19 |
367 |
19.3 |
N/A |
Buyer |
| Waddell |
4 |
88 |
22.0 |
N/A |
Buyer |
| Laveen |
43 |
411 |
9.6 |
N/A |
Buyer |
| Sun City |
64 |
438 |
6.8 |
N/A |
Buyer |
| Sun City West |
39 |
352 |
9.0 |
N/A |
Buyer |
| Ahwatukee |
17 |
101 |
5.9 |
N/A |
Buyer |
| TOTAL |
5,203 |
39,036 |
7.5 |
+ 0.3 |
Buyer |
Active Listings thru 8/5
| CITY |
ACTIVE LISTINGS |
CHANGE |
| Phoenix |
7,171 |
None |
| Glendale |
2,010 |
+ 2.1% |
| Peoria |
1,744 |
- 0.7% |
| El Mirage |
506 |
+ 4.0% |
| Surprise |
2,229 |
- 1.0% |
| Avondale |
1,047 |
- 0.5% |
| Goodyear |
1,113 |
- 3.6% |
| Tolleson |
336 |
- 1.5% |
| Buckeye |
772 |
+ 1.1% |
| Anthem |
819 |
- 0.7% |
| Scottsdale |
2,850 |
+ 0.2% |
| Mesa |
3,022 |
+ 0.3% |
| Tempe |
452 |
+ 0.4% |
| Gilbert |
2,605 |
- 0.2% |
| Chandler |
2,345 |
None |
| Queen Creek |
2,281 |
- 2.5% |
| Maricopa |
785 |
+ 1.5% |
| Litchfield Park |
461 |
N/A |
| Fountain Hills |
367 |
N/A |
| Waddell |
88 |
N/A |
| Laveen |
411 |
N/A |
| Sun City |
438 |
N/A |
| Sun City West |
352 |
N/A |
| Ahwatukee |
101 |
N/A |
| TOTAL |
39,036 |
- 0.2% |
For more information about the Phoenix Arizona Real Estate market, visit my comprehensive website at http://www.DaltonsAzHomes.com! |
