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Arrowhead Ranch Home Sales: August 27 - September 2

Here are last week’s home sales for Arrowhead Ranch. Data provided by ARMLS and is deemed reliable but not guaranteed.

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This Week’s Odysseus Medal …

… has been awarded over on the Bloodhound Blog.

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Phoenix Real Estate Absorption Rate: September 3, 2007

Jonathan Dalton, Phoenix Real Estate AgentHere’s the latest Phoenix real estate inventory and absorption rate update:

Net inventory fell by approximately 160 homes over the past week while sales for the previous rolling 30 days continued to slip, this time to 2,975.

Ironically, Housing Doom published information on a late rush of homes at the end of the month, pulling August numbers in line, which could mark the first time Twist has provided more positive news than me.

Our methodology is different - they have an agent pulling monthly sales out of ARMLS with no regard for the type of property or the county in which it’s located. Our numbers are strictly single-family detached homes in Maricopa County.

Maricopa County’s absorption rate crept slightly higher to 13.36; individual absorption rates dropped in 15 of the 28 cities and towns that I track.

One small change to this week’s map. In an effort to better illustrate week-over-week changes, I’m using green markers for areas where the absorption rate declined and red markers for areas where it increased. Previously I had been using colors to differentiate between buyers’ and sellers’ markets.

Data provided by ARMLS is deemed reliable but not guaranteed.

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Monday is for Maps

… just like Friday is for fun in St. Paul. On deck for today as we begin September:

  • Weekly Phoenix real estate absorption rate update
  • Weekly Arrowhead Ranch home sales update
  • Monthly Ventana Lakes home sales update

In addition, over on the Westbrook Village blog, we’ll have the weekly home sales update for that community.

There may be a handful of other monthly sales reports that pop up over the next few days in advance of the launch of Phoenix Retirement Real Estate.com as well.

Check your local listings for time and availability in your area.

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