Vail, AZ Market Conditions Update for November 2007

Here are the latest real estate market statistics for Vail, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced:35.6%*

Average	October 2007	November 2007	% Change
Asking Price	$326,193	$390,073	19.6%
Sales Price	$310,795	$367,166	18.1%
% of Asking Price	95%	94%	-1.0%
$/SQFT	$146	$141	-3.4%
Days on Market	110	123	11.8%
Total Transactions	26	29	11.5%

Search for homes in Vail, AZ and read a neighborhood overview of the Vail, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 12/7/2007: 540 properties on the market with 192 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.