This week’s edition is called “feeding the monster” for the simple reason that I’d much rather be opening a bottle of wine to celebrate twin escrows than working on absorption rate numbers. But this is a weekly feature and as such the show must go on (and on and on and on and on …)

Absorption rate for single-family detached homes here in the Phoenix real estate market fell back below the 18-month mark. Sales over the preceding days were up slightly to 2,341 while inventory remained essentially flat from a week ago.

As always, click on any of the markers below for details of the real estate sub-markets in any of the cities and towns here in Maricopa County. And also as always, all data is from the Arizona Regional MLS and is deemed reliable but not guaranteed.

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