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Aug. 12, 2006 - Phoenix real estate market update

Here's the latest from the Phoenix real estate market, as of this morning. As always, only single-family homes are listed and all data is from ARMLS: 

Phoenix Arizona Real Estate Absorption Rate thru 8/12/06
CITY SOLD 7/13-8/12 ACTIVE 8/12 Abs. Rate Change Buyer/Seller Mkt
Ahwatukee 13 104 8.0 months + 2.1 Buyer
Anthem 55 811 14.7 + 0.1 Buyer
Avondale 115 1,035 9.0 - 0.1 Buyer
Buckeye 82 775 9.5 + 0.3 Buyer
Chandler 345 2,342 6.8 + 0.3 Buyer
El Mirage 65 486 7.5 + 0.4 Buyer
Fountain Hills 22 367 16.7 - 2.6 Buyer
Gilbert 332 2,620 7.9 + 0.2 Buyer
Glendale 319 1,998 6.3 + 0.4 Buyer
Goodyear 106 1,130 10.7 - 0.5 Buyer
Laveen 51 418 8.2 - 1.4 Buyer
Litchfield Park 42 467 11.1 - 0.4 Buyer
Maricopa 59 779 13.2 + 1.5 Buyer
Mesa 485 3,049 6.3 + 0.1 Buyer
Peoria 219 1,730 7.9 + 0.4 Buyer
Phoenix 1,307 7,208 5.5 + 0.1 Buyer/Neutral
Queen Creek 192 2,267 11.8 + 0.8 Buyer
Scottsdale 360 2,842 7.9 + 0.1 Buyer
Sun City 53 439 8.3 + 1.5 Buyer
Sun City West 45 358 8.0 - 1.0 Buyer
Surprise 251 2,195 8.7 - 0.2 Buyer
Tempe 110 456 4.1 + 0.2 Seller
Tolleson 39 336 8.6 + 0.2 Buyer
Waddell 3 86 28.7 + 6.7 Buyer
TOTAL 5,077 39,089 7.7 + 0.2 Buyer

Now for the actives:

Active Listings thru 8/12/06, Phoenix metro area (ARMLS)
CITY ACTIVE LISTINGS CHANGE
Ahwatukee 104 + 3.0%
Anthem 811 - 1.0%
Avondale 1,035 - 0.8%
Buckeye 775 + 0.4%
Chandler 2,342 - 0.1%
El Mirage 486 - 4.0%
Fountain Hills 376 + 2.5%
Gilbert 2,620 - 0.6%
Glendale 1,998 - 0.6%
Goodyear 1,130 + 1.5%
Laveen 418 + 1.7%
Litchfield Park 467 + 1.3%
Maricopa 779 - 0.8%
Mesa 3,049 + 0.9%
Peoria 1,730 - 0.8%
Phoenix 7,208 + 0.5%
Queen Creek 2,267 - 0.6%
Scottsdale 2,842 - 0.3%
Sun City 439 + 0.2%
Sun City West 358 + 1.7%
Surprise 2,195 - 1.5%
Tempe 456 + 0.9%
Tolleson 336 None
Waddell 86 - 2.3%
TOTAL 39,089 + 0.1%

For more information about the Phoenix Arizona Real Estate market, visit my comprehensive website at http://www.DaltonsAzHomes.com!

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