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January 28, 2008

La Jolla, CA Market Update for December 2007

Here are the latest real estate market statistics for La Jolla, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.5%*

Average November 2007 December 2007 % Change
Asking Price $1,864,075 $1,768,930 -5.1%
Sales Price $1,750,167 $1,636,313 -6.5%
% of Asking Price 94% 93% -1.0%
$/SQFT $803 $594 -26.0%
Days on Market 72 90 25.0%
Total Transactions 36 30 -16.7%

Search for homes in La Jolla, CA and read a neighborhood overview of the La Jolla, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/18/2008: 363 properties on the market with 147 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 27, 2008

Chula Vista, CA Market Update for December 2007

Here are the latest real estate market statistics for Chula Vista, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 52.2%*

Average November 2007 December 2007 % Change
Asking Price $484,489 $438,996 -9.4%
Sales Price $475,176 $433,681 -8.7%
% of Asking Price 98% 99% 1.0%
$/SQFT $260 $229 -11.9%
Days on Market 78 74 -5.1%
Total Transactions 85 114 34.1%

Search for homes in Chula Vista, CA and read a neighborhood overview of the Chula Vista, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,931 properties on the market with 1,008 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Carlsbad, CA Market Recap for December 2007

Here are the latest real estate market statistics for Carlsbad, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 39.4%*

Average September 2007 October 2007 % Change
Asking Price $667,015 $649,933 -2.6%
Sales Price $653,741 $635,538 -2.8%
% of Asking Price 98% 98% 0.0%
$/SQFT $314 $299 -4.8%
Days on Market 66 69 4.5%
Total Transactions 70 60 -14.3%

Search for homes in Carlsbad, CA and read a neighborhood overview of the Carlsbad, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 7233 properties on the market with 285 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Davis, CA Market Update for December 2007

Here are the latest real estate market statistics for Davis, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 39.8%*

Average November 2007 December 2007 % Change
Asking Price $574,909 $552,270 -3.9%
Sales Price $558,143 $528,252 -5.4%
% of Asking Price 97% 96% -1.0%
$/SQFT $304 $295 -3.0%
Days on Market 64 73 14.1%
Total Transactions 23 20 -13.0%

Search for homes in Davis, CA and read a neighborhood overview of the Davis, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 113 properties on the market with 45 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 26, 2008

Modesto, CA Market Recap for December 2007

Here are the latest real estate market statistics for Modesto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 39.8%*

Average November 2007 December 2007 % Change
Asking Price $298,928 $274,670 -8.1%
Sales Price $285,287 $265,046 -7.1%
% of Asking Price 95% 97% 2.0%
$/SQFT $171 $158 -7.6%
Days on Market 75 64 -14.7%
Total Transactions 117 121 3.4%

Search for homes in Modesto, CA and read a neighborhood overview of the Modesto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,903 properties on the market with 1,027 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Stockton, CA Market Update for December 2007

Here are the latest real estate market statistics for Stockton, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 55.2%*

Average November 2007 December 2007 % Change
Asking Price $309,568 $257,273 -16.9%
Sales Price $296,001 $246,550 -16.7%
% of Asking Price 96% 96% 0.0%
$/SQFT $168 $147 -12.5%
Days on Market 76 82 7.9%
Total Transactions 134 168 25.4%

Search for homes in Stockton, CA and read a neighborhood overview of the Stockton, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 3,269 properties on the market with 1,804 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Elk Grove, CA Market Update for December 2007

Here are the latest real estate market statistics for Elk Grove, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 51.8%*

Average November 2007 December 2007 % Change
Asking Price $358,863 $334,248 -6.9%
Sales Price $346,515 $322,026 -7.1%
% of Asking Price 97% 96% -1.0%
$/SQFT $164 $160 -2.4%
Days on Market 62 67 8.1%
Total Transactions 137 131 -4.4%

Search for homes in Elk Grove, CA and read a neighborhood overview of the Elk Grove, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,372 properties on the market with 711 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 25, 2008

Roseville, CA Market Update for December 2007

Here are the latest real estate market statistics for Roseville, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 49.3%*

Average November 2007 December 2007 % Change
Asking Price $397,197 $371,603 -6.4%
Sales Price $381,657 $358,841 -6.0%
% of Asking Price 96% 97% 1.0%
$/SQFT $195 $183 -6.2%
Days on Market 66 56 -15.2%
Total Transactions 97 90 -7.2%

Search for homes in Roseville, CA and read a neighborhood overview of the Roseville, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 852 properties on the market with 420 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Madera, CA Market Update for December 2007

Here are the latest real estate market statistics for Madera, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.8%*

Average November 2007 December 2007 % Change
Asking Price $344,061 $323,094 -6.1%
Sales Price $319,735 $306,000 -4.3%
% of Asking Price 93% 95% 2.0%
$/SQFT $163 $148 -9.2%
Days on Market 146 223 52.7%
Total Transactions 17 16 -5.9%

Search for homes in Madera, CA.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,185 properties on the market with 554 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Merced, CA Market Update for December 2007

Here are the latest real estate market statistics for Merced, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 58.0%*

Average November 2007 December 2007 % Change
Asking Price $285,826 $234,192 -18.1%
Sales Price $224,984 $214,200 -4.8%
% of Asking Price 79% 91% 12.0%
$/SQFT $129 $121 -6.2%
Days on Market 91 91 0.0%
Total Transactions 19 18 -5.3%

Search for homes in Merced, CA and read a neighborhood overview of the Merced, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,105 properties on the market with 641 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 24, 2008

Bakersfield, CA Market Update for December 2007

Here are the latest real estate market statistics for Bakersfield, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.4%*

Average November 2007 December 2007 % Change
Asking Price $276,724 $275,963 -0.3%
Sales Price $265,754 $263,637 -0.8%
% of Asking Price 96% 96% 0.0%
$/SQFT $145 $143 -1.4%
Days on Market 98 105 7.1%
Total Transactions 216 297 37.5%

Search for homes in Bakersfield, CA and read a neighborhood overview of the Bakersfield, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 4,302 properties on the market with 1,866 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Clovis, CA Market Update for December 2007

Here are the latest real estate market statistics for Clovis, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 53.8%*

Average November 2007 December 2007 % Change
Asking Price $338,105 $363,695 7.6%
Sales Price $320,479 $345,7075 7.9%
% of Asking Price 95% 95% 0.0%
$/SQFT $152 $165 8.6%
Days on Market 132 142 7.6%
Total Transactions 49 40 -18.4%

Search for homes in Clovis, CA and read a neighborhood overview of the Clovis, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 760 properties on the market with 409 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Fresno, CA Market Conditions Report for November 2007

Here are the latest real estate market statistics for Fresno, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 49.4%*

Average November 2007 December 2007 % Change
Asking Price $269,774 $285,982 6.0%
Sales Price $260,677 $272,204 4.4%
% of Asking Price 97% 95% -2.0%
$/SQFT $156 $148 -5.1%
Days on Market 110 106 -3.6%
Total Transactions 184 180 -2.2%

Search for homes in Fresno, CA and read a neighborhood overview of the Fresno, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 3,270 properties on the market with 1,614 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 23, 2008

South of Market (San Francisco) Market Update for December 2007

The percentage of homes where the sales price has been *reduced* on the market in South of Market  (San Francisco) area: 30.3%. Recent sales stats for South of Market area as reported by the MLS:

Average November 2007 December 2007 % Change
Asking Price $980,823 $687,250 -29.9%
Sales Price $968,882 $669,500 -30,9%
% of Asking Price 99% 97% -2.0%
$/SQFT $810 $703 -13.2%
Days on Market 47 69 46.8%
Total Transactions 17 16 -5.9%

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 76 properties on the market with 23 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Noe Valley (San Francisco) Market Update for December 2007

Here are the latest real estate market statistics for Noe Valley (San Francisco), CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 14.8%*

Average November 2007 December 2007 % Change
Asking Price $1,300,846 $1,071,364 -17.6%
Sales Price $1,312,662 $971,614 -26.0%
% of Asking Price 101% 91% -9.9%
$/SQFT $821 $577 -29.7%
Days on Market 39 37 -5.1%
Total Transactions 13 11 -15.4%

Search for homes in Noe Valley (San Francisco), CA and read a neighborhood overview of the Noe Valley, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 27 properties on the market with 4 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Daly City, CA Market Update for December 2007

Here are the latest real estate market statistics for Daly City, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 47.8%*

Average November 2007 December 2007 % Change
Asking Price $652,132 $594,828 -8.8%
Sales Price $635,786 $579,327 -8.9%
% of Asking Price 97% 97% 0.0%
$/SQFT $492 $454 -7.7%
Days on Market 75 74 -1.3%
Total Transactions 28 28 0.0%

Search for homes in Daly City, CA and read a neighborhood overview of the Daly City, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 391 properties on the market with 187 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 22, 2008

Menlo Park, CA Market Update for December 2007

Here are the latest real estate market statistics for Menlo Park, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 29.4%*

Average November 2007 December 2007 % Change
Asking Price $1,285,174 $1,162,878 -9.5%
Sales Price $1,273,297 $1,135,593 -10.8%
% of Asking Price 99% 98% -1.0%
$/SQFT $687 $668 5.4%
Days on Market 29 46 58.6%
Total Transactions 31 27 -12.9%

Search for homes in Menlo Park, CA and read a neighborhood overview of the Menlo Park, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 85 properties on the market with 25 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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San Mateo, CA December 2007 MLS Recap

Here are the latest real estate market statistics for San Mateo, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 36.8%*

Average November 2007 December 2007 % Change
Asking Price $862,793 $909,091 5.4%
Sales Price $1,032,729 $889,336 -13.9%
% of Asking Price 120% 98% -18.3%
$/SQFT $679 $568 -16.3%
Days on Market 38 47 23.7%
Total Transactions 69 52 -24.6%

Search for homes in San Mateo, CA and read a neighborhood overview of the San Mateo, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 247 properties on the market with 91 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Santa Cruz, CA Market Update for December 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 50.0%*

Average November 2007 December 2007 % Change
Asking Price $872,314 $997,876 14.4%
Sales Price $846,983 $955,397 12.8%
% of Asking Price 97% 96% -1.0%
$/SQFT $526 $563 7.0%
Days on Market 76 99 30.3%
Total Transactions 39 27 -30.8%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 298 properties on the market with 149 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 21, 2008

Palo Alto, CA Market Update for December 2007

Here are the latest real estate market statistics for Palo Alto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 27.3%*

Average November 2007 December 2007 % Change
Asking Price $1,382,315 $1,543,396 11.7%
Sales Price $1,437,538 $1,609,004 11.9%
% of Asking Price 104% 104% 0.0%
$/SQFT $797 $843 5.8%
Days on Market 31 33 6.5%
Total Transactions 39 20 -48.7%

Search for homes in Palo Alto, CA and read a neighborhood overview of the Palo Alto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 44 properties on the market with 12 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Santa Clara, CA Market Update for December 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 34.0%*

Average November 2007 December 2007 % Change
Asking Price $712,287 $675,073 -5.2%
Sales Price $699,971 $663,258 -5.2%
% of Asking Price 98% 98% 0.0%
$/SQFT $481 $450 -6.4%
Days on Market 41 54 31.7%
Total Transactions 70 51 -27.1%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 303 properties on the market with 103 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Mountain View, CA Market Update for December 2007

Here are the latest real estate market statistics for Mountain View, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.0%*

Average November 2007 December 2007 % Change
Asking Price $803,783 $789,637 -1.8%
Sales Price $801,011 $798,841 -0.3%
% of Asking Price 100% 101% 1.0%
$/SQFT $579 $589 1.7%
Days on Market 55 38 -30.9%
Total Transactions 27 29 7.4%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 109 properties on the market with 36 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 20, 2008

Cupertino, CA Market Update for December 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 25.7%*

Average November 2007 December 2007 % Change
Asking Price $1,039,976 $1,123,324 8.0%
Sales Price $1,037,971 $1,132,109 9.1%
% of Asking Price 100% 101% 1.0%
$/SQFT $623 $610 -2.1%
Days on Market 25 41 64.0%
Total Transactions 38 26 -31.6%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 70 properties on the market with 18 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Lamorinda (Lafayette, Moraga, Orinda) CA Market Recap for December 2007

Here are the latest real estate market statistics for Lamorinda, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.1%*

Average November 2007 December 2007 % Change
Asking Price $1,082,457 $1,233,866 14.0%
Sales Price $1,055,635 $1,081,013 2.4%
% of Asking Price 98% 88% -10.2%
$/SQFT $495 $433 -12.5%
Days on Market 88 96 9.1%
Total Transactions 39 26 -31.6%

Search for homes in Lamorinda, CA and read a neighborhood overview of the Lafayette, CA, Moraga, CA, and Orinda, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 109 properties on the market with 36 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Walnut Creek, CA December 2007 Market Update

Here are the latest real estate market statistics for Walnut Creek, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 50.0%*

Average November 2007 December 2007 % Change
Asking Price $768,192 $811,932 5.7%
Sales Price $738,458 $796,047 7.8%
% of Asking Price 96% 98% 2.0%
$/SQFT $401 $415 3.5%
Days on Market 54 69 27.8%
Total Transactions 36 39 8.3%

Search for homes in Walnut Creek, CA and read a neighborhood overview of the Walnut Creek, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 270 properties on the market with 135 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 19, 2008

Concord, CA Market Update for December 2007

Here are the latest real estate market statistics for Concord, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 60.1%*

Average November 2007 December 2007 % Change
Asking Price $426,943 $472,154 10.6%
Sales Price $411,828 $439,388 6.7%
% of Asking Price 96% 93% -3.0%
$/SQFT $305 $283 -7.2%
Days on Market 75 84 12.0%
Total Transactions 55 60 9.1%

Search for homes in Concord, CA and read a neighborhood overview of the Concord, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 712 properties on the market with 428 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Pleasanton, CA Market Update for December 2007

Here are the latest real estate market statistics for Pleasanton, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.9%*

Average November 2007 December 2007 % Change
Asking Price $1,123,090 $1,037,188 -7.6%
Sales Price $1,057,707 $998,159 -5.6%
% of Asking Price 94% 96% 2.0%
$/SQFT $404 $398 -1.5%
Days on Market 63 54 -14.3%
Total Transactions 36 39 8.3%

Search for homes in Pleasanton, CA and read a neighborhood overview of the Pleasanton, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 257 properties on the market with 87 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Oakland, CA Market Recap for December 2007

Here are the latest real estate market statistics for Oakland, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 39.8%*

Average November 2007 December 2007 % Change
Asking Price $601,660 $577,983 -3.9%
Sales Price $510,227 $493,538 -3.3%
% of Asking Price 98% 97% -1%
$/SQFT $366 $341 -6.8%
Days on Market 54 61 27.9%
Total Transactions 128 117 -8.6%

Search for homes in Oakland, CA and read a neighborhood overview of the Oakland, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/18/2007: 2,156 properties on the market with 859 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 18, 2008

Fremont, CA Market Update for December 2007

Here are the latest real estate market statistics for Fremont, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 34.3%*

Average November 2007 December 2007 % Change
Asking Price $752,071 $668,781 -11.1%
Sales Price $731,100 $645,019 -11.8%
% of Asking Price 97% 96% -1.0%
$/SQFT $435 $402 -7.6%
Days on Market 40 50 25.0%
Total Transactions 119 115 -3.4%

Search for homes in Fremont, CA and read a neighborhood overview of the Fremont, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/16/2008: 721 properties on the market with 247 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Santa Rosa, CA Market Update for December 2007

Here are the latest real estate market statistics for Santa Rosa, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 61.5%*

Average November 2007 December 2007 % Change
Asking Price $540,109 $518,647 -4.0%
Sales Price $529,370 $508,414 -4.0%
% of Asking Price 96% 96% 0.0%
$/SQFT $304 $290 -4.6%
Days on Market 106 105 -0.9%
Total Transactions 106 98 -7.5%

Search for homes in Santa Rosa, CA and read a neighborhood overview of the Santa Rosa, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/16/2008: 1,368 properties on the market with 842 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 12, 2008

Scottsdale, AZ Market Update for December 2007

Here are the latest real estate market statistics for Scottsdale, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 42.8%*

Average November 2007 December 2007 % Change
Asking Price $663,361 $646,171 -2.6%
Sales Price $623,801 $608,043 -2.5%
% of Asking Price 94% 94% 0.0%
$/SQFT $274 $262 -4.4%
Days on Market 125 159 -27.2%
Total Transactions 341 321 -5.9%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/10/2008: 6,747 properties on the market with 2,885 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Phoenix, AZ Market Update for December 2007

Here are the latest real estate market statistics for Phoenix, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.8%*

Average November 2007 December 2007 % Change
Asking Price $295,566 $322,593 9.1%
Sales Price $282,599 $303,621 7.4%
% of Asking Price 96% 94% -2.0%
$/SQFT $163 $167 2.5%
Days on Market 117 129 10.3%
Total Transactions 688 636 -7.6%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/10/2008: 13,155 properties on the market with 6,154 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Paradise Valley, AZ Market Update for December 2007

Here are the latest real estate market statistics for Paradise Valley, AZ. These numbers represent single family (SFR) homes only. The number of homes on the market where the asking price has been reduced *: 32.5%

Average November 2007 December 2007 % Change
Asking Price $3,065,597 $2,287,369 -25.4%
Sales Price $2,785,467 $2,087,000 -25.1%
% of Asking Price 91% 91% 0.0%
$/SQFT $568 $410 -27.8%
Days on Market 126 253 100.8%
Total Transactions 15 16 6.7%

Search for Paradise Valley, AZ homes and condos for sale. Read more about neighborhoods in the Paradise Valley, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 1/10/2008: 440 properties on the market with 143 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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January 11, 2008

Mesa, AZ MLS Update for December 2007

Here are the latest real estate statistics for Mesa, AZ. These numbers represent single family (SFR) homes and condos. Percentage of homes on the market where the asking price has been reduced: 48.9% **

Average November 2007 December 2007 % Change
Asking Price $268,300 $256,859 -4.3%
Sales Price $266,487 $245,664 -7.8%
% of Asking Price 99% 96% -3.0%
$/SQFT $153 $144 -5.9%
Days on Market 127 115 -9.4%
Total Transactions 295 330 11.9%

Search for Mesa, AZ area homes or condos for sale. Read more about neighborhoods in the Phoenix area.

All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 1/10/2008: 4,417 properties on the market with 2,160 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Chandler, AZ MLS Update for December 2007

Here are the latest real estate market statistics for Chandler, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 48.6%*

Average November 2007 December 2007 % Change
Asking Price $339,212 $353,239 4.1%
Sales Price $322,578 $337,548 4.6%
% of Asking Price 95% 96% 1.0%
$/SQFT $151 $155 2.6%
Days on Market 120 118 -1.7%
Total Transactions 218 241 10.6%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/10/2008: 2,514 properties on the market with 1,223 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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