As an update to my most recent post of February 28, 2014, the closings for February are up by about 700 for a total 5,495. Chandler, Arizona is at the top of the list with 292 closings last month for an absorption rate of 29%! Next is Ahwatukee and then Gilbert. se valley active listings mar 2014. Chandler and Gilbert continue to remain at the top of absorption rate when you compare the previous posts titled “Southeast Valley Active Listings Update”. In the future, I’ll update these at the beginning of the month so I have the latest closing figures.
The active listings are down by only 143 from the previous month, a nominal amount, but still down.