Sun Cities of Arizona Market Report 2007

2007 Sun Cities Market Report

Sun City			Absorption Rate
Total Listings	1052
Under Contract	580
Sold	994		12.7
Sun City West
Total Listings	415
Under Contract	42
Sold	521		9.6
Sun City Grand
Total Listings	374
Under Contract	30
Sold	382		11.7
All Sun Cities
Total Listings	1551
Under Contract	97
Sold	1802		10.3
Absorption Rate is the total number of listings
Divided by the monthly rate of sales.
Absorption Rate tells how long it will take at the current rate of sales
to sell all of the current inventory if no new homes are listed.

As you can see, it was not all doom and gloom. I would be lying to
imply this is the greatest year ever, but we did sell a lot of homes
in spite of the media and mortgage meltdown.

Jim Little, your Sun City REALTOR®

Please visit my Web Site, suncityneighborhood.com where you can search the MLS with no registration for free.