After looking at earlier this week, I thought it would be interesting to see how some of the other communities around the valley are doing. The following graphs show the number of new listings vs. the number of absorbed listings for Cave Creek, Chandler, Fountain Hills, Gilbert, Mesa, Paradise Valley, Phoenix, Queen Creek, Scottsdale, and [...]
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absorption
Scottsdale single family homes have been selling faster than new homes were listed for the past three months. We are beginning to see the increased activity that typically comes in the fall season, too. More homes are being listed, yet they are selling at a higher rate than they are coming onto the market. The [...]

