"Welcome to a new year at Hogwarts! Before we begin our banquet, I woud like to say a few words. And here they are: Nitwit! Blubber! Oddment! Tweak!"
- Albus Dumbledore, Harry Potter and the Sorcerer's Stone
This is what came to mind as I debated what to say about this week's market update. Another net gain of about 200 homes, sales still slow and likely slower than many of us anticipated. In some ways, writing this update is like being a beat writer for the Arizona Cardinals. There are only so many synonyms for "losing" just as there are only so many synonyms with "slow."
And so I'll follow a different tack and invite everyone to check out
my newly redesigned primary site. As I've mentioned in the past,
buyers are searching online for homes, not agents. On Dalton's Arizona Homes, they won't have to look far.
As for this week's absorption rate, I'll say these few words: Nitwit. Blubber. Oddment. Tweak.
| CITY |
SOLD 4/21/2007-5/21/2007 |
ACTIVE 5/21 |
Absorption Rateas of 5/21/07 |
Change |
Buyer/Seller |
| Ahwatukee |
13 |
101 |
7.77 |
1.05 |
Buyer |
| Anthem |
42 |
725 |
17.26 |
3.42 |
Buyer |
| Avondale |
97 |
1,035 |
10.67 |
-0.05 |
Buyer |
| Buckeye |
58 |
949 |
16.36 |
0.38 |
Buyer |
| Carefree |
7 |
118 |
16.86 |
3.41 |
Buyer |
| Cave Creek |
32 |
609 |
19.03 |
0.52 |
Buyer |
| Chandler |
264 |
2,289 |
8.67 |
1.18 |
Buyer |
| Desert Hills |
12 |
168 |
14.00 |
-1.55 |
Buyer |
| El Mirage |
43 |
467 |
10.86 |
-0.31 |
Buyer |
| Fountain Hills |
42 |
438 |
10.43 |
0.59 |
Buyer |
| Gilbert |
270 |
2,491 |
9.23 |
0.07 |
Buyer |
| Glendale |
259 |
2,223 |
8.58 |
0.05 |
Buyer |
| Goodyear |
85 |
1,253 |
14.74 |
-0.14 |
Buyer |
| Laveen |
28 |
511 |
18.25 |
0.93 |
Buyer |
| Litchfield Park |
25 |
513 |
20.52 |
0.00 |
Buyer |
| Maricopa |
45 |
927 |
20,60 |
2.14 |
Buyer |
| Mesa |
419 |
3,309 |
7.90 |
-0.26 |
Buyer |
| Paradise Valley |
27 |
308 |
11.41 |
0.62 |
Buyer |
| Peoria |
194 |
1,984 |
10.23 |
0.05 |
Buyer |
| Phoenix |
985 |
8,880 |
9.02 |
0.11 |
Buyer |
| Queen Creek |
123 |
1,992 |
16.20 |
1.17 |
Buyer |
| Scottsdale |
346 |
3,488 |
10.08 |
0.06 |
Buyer |
| Sun City |
99 |
564 |
5.70 |
-0.12 |
Neutral |
| Sun City West |
75 |
503 |
6.71 |
-0.57 |
Buyer |
| Surprise |
186 |
2,209 |
11.88 |
0.27 |
Buyer |
| Tempe |
99 |
491 |
4.96 |
-0.21 |
Seller |
| Tolleson |
26 |
440 |
16.92 |
-0.32 |
Buyer |
| Waddell |
9 |
94 |
10.44 |
-1.68 |
Buyer |
| TOTAL |
3,867 |
37,998 |
9.82 |
0.15 |
Buyer |
Data provided by ARMLS. Data deemed reliable but not guaranteed
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market statistics,
absorption rate
;)
;)
