Phoenix Real Estate Inventory Update: July 29

avatarthumbnail.jpgAfter a second one-week hiatus, this one caused by a speaking engagement at last week’s Inman Real Estate Connect Conference in San Francisco, we’re back with our weekly market update.

The high-level overview of the Phoenix real estate market was earlier today … inventory’s starting to creep up while sales have dropped slightly over the past 30 days, compared to a couple of weeks ago.

Mixed results on a city-by-city basis … absorption rate in most are up but there are some notable exceptions, including Buckeye and Anthem.

As always, all of the below data is provided by the Arizona Regional MLS and is deemed reliable but not guaranteed.

[table=9] [tags]Phoenix real estate, absorption rate[/tags]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

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