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Sep. 4, 2006 - Phoenix real estate update 9/2

Here are the latest numbers from the Phoenix real-estate market, single-family only with data provided by ARMLS. Numbers are through Saturday, though this is posting two days later.

Phoenix real estate absorption rate, 09/02/2006

CITY	SOLD 08/03 - 09/02	ACTIVE 9/2	Abs. Rate	Change	Buyer/Seller
Ahwatukee	20	108	5.4 months	- 0.2 months	Neutral
Anthem	49	791	16.1	- 0.1	Buyer
Avondale	98	999	10.2	+ 0.4	Buyer
Buckeye	80	764	9.6	- 0.2	Buyer
Chandler	337	2,332	6.9	+ 0.2	Buyer
El Mirage	70	451	6.4	+ 0.3	Buyer
Fountain Hills	32	368	11.5	+ 0.2	Buyer
Gilbert	311	2,583	8.3	Even	Buyer
Glendale	307	2,044	6.7	- 0.1	Buyer
Goodyear	85	1,103	13.0	+ 1.1	Buyer
Laveen	58	431	7.4	+ 0.1	Buyer
Litchfield Park	42	473	11.3	- 0.8	Buyer
Maricopa	64	770	12.0	- 0.8	Buyer
Mesa	447	3,072	6.9	- 0.2	Buyer
Peoria	236	1,789	7.6	- 0.5	Buyer
Phoenix	1,286	7,239	5.6	Even	Buyer/Neutral
Queen Creek	170	2,209	13.0	+ 0.9	Buyer
Scottsdale	298	2,838	9.5	+ 0.5	Buyer
Sun City	70	449	6.4	- 0.7	Buyer
Sun City West	48	366	7.6	- 0.1	Buyer
Surprise	247	2,204	8.9	+ 0.3	Buyer
Tempe	102	480	4.7	+ 0.2	Seller/Neutral
Tolleson	41	323	7.9	- 0.2	Buyer
Waddell	5	102	20.4	- 6.4	Buyer
TOTAL	4,474	33,934	7.6	Even	Buyer

(c) Jonathan Dalton, 2006 / Jonathan Dalton's Arizona Homes