#absorption-rate

#absorption-rate

Active listings in the Lubbock area climbed to 1,964 homes, representing a 32.8% increase from 1,479 properties a year ago. The surge in available homes coincided with a dramatic pullback in buyer activity, as weekly absorption plummeted 65.6% year-over-year from 192 to just 66 homes. New listings continue entering the market at a steady clip, with 99 homes added during the week ending Nov. 22.

Nearly half of Tucson's home sellers adjusted their asking prices downward in the week ending Nov. 7, 2025, yet the market absorbed 313 properties while adding just 221 new listings, a 141% absorption rate that signals pricing strategies are connecting with buyers. The Tucson metro's single-family market recorded 3,539 active listings with a median price of $417,430. Despite 42.9% of sellers reducing prices, the median held steady, while homes moved at a 70-day median pace that matched Arizona's statewide tempo.