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May 07, 2008

Phoenix, AZ Housing Market Sales Summary for April 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Phoenix area served by ZipRealty:

Average Sales Price Mar-08 Apr-08 $ Change
⇑ or ⇓
Phoenix $280,057 $253,058
Anthem $316,287 $321,321
Avondale $193,657 $188,311
Buckeye $252,253 $231,378
Fountain Hills $540,215 $524,716
Gilbert $282,194 $278,618
Glendale $229,485 $223,034
Mesa $233,442 $231,484
Peoria $255,489 $251,056
Paradise Valley $2,120,000 $1,491,406
Scottsdale $655,405 $604,102
Sun City $158,730 $170,038
Surprise $219,452 $225,079
Tempe $279,485 $263,096
Tolleson $186,580 $190,059


# Transactions Mar-08 Apr-08 # Change
⇑ or ⇓
Phoenix 735 990
Anthem 55 67
Avondale 59 105
Buckeye 93 79
Fountain Hills 47 53
Gilbert 246 285
Glendale 165 208
Mesa 364 421
Peoria 138 152
Paradise Valley 17 16
Scottsdale 382 434
Sun City 91 90
Surprise 230 263
Tempe 90 102
Tolleson 53 47

Talk to a Phoenix Realtor® today. Search for Phoenix, AZ homes and condos for sale. All numbers are from the MLS and are deemed reliable but not guaranteed, as of 5-7-2008.

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April 10, 2008

Phoenix, AZ Housing Market Sales Summary for March 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Phoenix, AZ area served by ZipRealty:

 
Average Sales Price Feb-08 Mar-08 $ Change
⇑ or ⇓
Phoenix $293,974 $277,888
Anthem $329,173 $317,514
Avondale $201,725 $193,074
Buckeye $197,000 $255,371
Fountain Hills $599,002 $533,606
Gilbert $293,849 $283,938
Glendale $231,177 $230,333
Mesa $223,978 $233,566
Peoria $280,441 $255,552
Paradise Valley $1,944,800 $2,040,313
Scottsdale $635,753 $652,722
Sun City $156,695 $158,730
Surprise $240,626 $219,632
Tempe $264,149 $273,957
Tolleson $186,108 $185,040


 
# Transactions Feb-08 Mar-08 # Change
⇑ or ⇓
Phoenix 613 732
Anthem 33 56
Avondale 84 65
Buckeye 71 93
Fountain Hills 47 48
Gilbert 208 244
Glendale 145 164
Mesa 319 366
Peoria 125 140
Paradise Valley 10 16
Scottsdale 333 378
Sun City 102 91
Surprise 156 234
Tempe 69 87
Tolleson 29 50

Search for Phoenix, AZ homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 4/10/2008.

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March 19, 2008

Phoenix, AZ Market Update for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Baltimore area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Phoenix 571 $323,844 613 $293,974
Anthem 33 $314,230 33 $329,173
Avondale 46 $207,613 84 $201,725
Buckeye 48 $258,086 71 $197,000
Fountain Hills 44 $615,014 47 $599,002
Gilbert 156 $286,460 208 $293,849
Glendale 136 $239,919 145 $231,177
Mesa 257 $252,352 319 $223,978
Peoria 86 $287,896 125 $280,441
Paradise Valley 12 $2,282,500 10 $1,944,800
Scottsdale 291 $612,997 333 $635,753
Sun City 65 $164,502 102 $156,695
Surprise 140 $241,157 156 $240,626
Tempe 63 $267,252 69 $264,149
Tolleson 22 $188,299 29 $186,108

Search for Phoenix, AZ homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-17-2008.

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February 21, 2008

Phoenix, AZ Market Update for January 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Baltimore area served by ZipRealty:

City # Transactions January 2008
Average Sales Price
Phoenix 571 $323,844
Anthem 35 $314,230
Avondale 46 $207,613
Buckeye 48 $258,086
Fountain Hills 44 $615,014
Gilbert 156 $286,460
Glendale 136 $239,919
Mesa 257 $252,352
Peoria 86 $287,896
Paradise Valley 12 $2,282,500
Scottsdale 291 $612,271
Sun City 65 $164,502
Surprise 140 $241,157
Tolleson 22 $188,299

Search for Phoenix, AZ homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 2/20/2008.

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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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December 09, 2007

Scottsdale, AZ Market Update for November 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: 37.1%*

Average October 2007 November 2007 % Change
Asking Price $731,283 $636,035 -13.0%
Sales Price $673,114 $596,765 -11.3%
% of Asking Price 92% 94% 2.0%
$/SQFT $277 $266 -4.0%
Days on Market 143 128 -10.5%
Total Transactions 347 303 -12.7%

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 12/7/2007: 6,826 properties on the market with 2,995 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 November 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: 48.7%*

Average October 2007 November 2007 % Change
Asking Price $313,785 $288,956 -7.9%
Sales Price $300,054 $275,654 -8.1%
% of Asking Price 96% 95% -1.0%
$/SQFT $173 $162 -6.4%
Days on Market 112 117 4.5%
Total Transactions 952 798 -16.2%

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 12/07/2007: 14,108 properties on the market with 6,877 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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December 08, 2007

Paradise Valley, AZ Market Update for November 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 *: 34.0%

Average October 2007 November 2007 % Change
Asking Price $2,329,755 $3,269,919 40.4%
Sales Price $2,159,214 $2,980,461 38.0%
% of Asking Price 93% 91% -2.0%
$/SQFT $445 $579 30.1%
Days on Market 239 141 -41.0%
Total Transactions 14 13 -7.1%

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 12/07/2007: 441 properties on the market with 150 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Mesa, AZ Market Recap for November 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: 49.5% **

Average October 2007 November 2007 % Change
Asking Price $267,443 $264,670 -1.0%
Sales Price $257,664 $263,559 2.3%
% of Asking Price 96% 100% 4.0%
$/SQFT $125 $125 0.0%
Days on Market 149 153 2.7%
Total Transactions 313 288 -8.0%

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 12/07/2007: 4,779 properties on the market with 2,364 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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December 07, 2007

Chandler, AZ Market Update for November 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: 51.7%*

Average October 2007 November 2007 % Change
Asking Price $322,831 $338,983 5.0%
Sales Price $311,613 $322,287 3.4%
% of Asking Price 97% 95% -2.0%
$/SQFT $113 $112 -0.9%
Days on Market 155 152 -1.9%
Total Transactions 200 215 7.5%

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 12/07/2007: 2,750 properties on the market with 1,423 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 16, 2007

Scottsdale, AZ Market Update for October 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: 43.9%*

Average September 2007 October 2007 % Change
Asking Price $629,512 $734,266 16.6%
Sales Price $593,357 $675,841 13.9%
% of Asking Price 94% 92% -2.0%
$/SQFT $260 $278 6.9%
Days on Market 125 143 14.4%
Total Transactions 301 344 14.3%

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 11/13/2007: 6,791 properties on the market with 2,984 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 October 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: 48.3%*

Average September 2007 October 2007 % Change
Asking Price $288,763 $309,093 7.0%
Sales Price $277,393 $295,417 6.5%
% of Asking Price 96% 96% 0.0%
$/SQFT $164 $172 4.9%
Days on Market 101 111 9.9%
Total Transactions 733 752 2.6%

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 11/12/2007: 14,368 properties on the market with 6,939 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 October 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 *: 34.9%

Average September 2007 October 2007 % Change
Asking Price $2,066,167 $2,392,613 15.8%
Sales Price $1,862,833 $2,222,071 19.3%
% of Asking Price 90% 93% 3.0%
$/SQFT $408 $458 12.3%
Days on Market 186 250 34.4%
Total Transactions 12 14 16.7%

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 11/12/2007: 424 properties on the market with 148 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 15, 2007

Mesa, AZ Market Recap for October 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 September 2007 October 2007 % Change
Asking Price $266,419 $268,419 0.8%
Sales Price $256,479 $258,635 0.8%
% of Asking Price 96% 96% 0.0%
$/SQFT $147 $149 1.4%
Days on Market 120 127 5.8%
Total Transactions 326 316 -3.1%

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 11/12/2007:  4,991 properties on the market with 2,440 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 Market Update for October 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: 53.3%*

Average September 2007 October 2007 % Change
Asking Price $334.148 $323,019 -2.7%
Sales Price $320,462 $311,872 -2.7%
% of Asking Price 96% 97% 1.0%
$/SQFT $160 $155 -3.1%
Days on Market 113 109 -3.5%
Total Transactions 196 214 9.2%

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 11/12/2007: 2,915 properties on the market with 1,555 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 03, 2007

Phoenix, AZ Market Update for September 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: 48.5%*

Average August 2007 September 2007 % Change
Asking Price $318,554 $295,317 -7.3%
Sales Price $306,497 $283,806 -7.4%
% of Asking Price 96% 96% 0.0%
$/SQFT $177 $167 -5.6%
Days on Market 97 103 6.2%
Total Transactions 952 798 -16.2%

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 10/31/2007: 14,402 properties on the market with 6,979 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 02, 2007

Chandler, AZ Market Update for September 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: 53.5%*

Average August 2007 September 2007 % Change
Asking Price $356,582 $333,006 -6.6%
Sales Price $344,052 $319,428 -7.2%
% of Asking Price 96% 96% 0.0%
$/SQFT $164 $160 -2.4%
Days on Market 100 115 15.0%
Total Transactions 251 213 -15.1%

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 10/31/2007: 2,949 properties on the market with 1,579 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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November 01, 2007

Paradise Valley, AZ Market Update for September 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 *: 37.2% 

Average August 2007 September 2007 % Change
Asking Price $2,683,461 $2,244,200 -16.4%
Sales Price $2,465,729 $2,130,200 -13.6%
% of Asking Price 92% 95% 3.0%
$/SQFT $474 $468 -1.3%
Days on Market 160 205 28.1%
Total Transactions 26 15 -42.3%

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 10/31/2007:  406 properties on the market with 151 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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Mesa, AZ Market Recap for September 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: 49.3% **

Average August 2007 September 2007 % Change
Asking Price $277,364 $266,647 -3.9%
Sales Price $269,433 $256,651 -4.7%
% of Asking Price 97% 96% -1.0%
$/SQFT $154 $146 -5.2%
Days on Market 103 121 17.5%
Total Transactions 376 360 -4.3%

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 10/31/2007:  4,977 properties on the market with 2,453 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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September 07, 2007

Paradise Valley, AZ Market Update for July 2007

Here are the latest real estate market statistics for Paradise Valley, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 33.1%*

Average June 2007 July 2007 % Change
Asking Price $2,592,922 $2,213,305 -14.6%
Sales Price $2,383,493 $2,039,167 -14.4%
% of Asking Price 92% 92% 0.0%
$/SQFT $453 $445 -1.8%
Days on Market 189 141 -25.4%
Total Transactions 27 21 -22.2%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 353 properties on the market with 117 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 31, 2007

Mesa, AZ Market Update for July 2007

Here are the latest real estate market statistics for Mesa, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 48.4%*

Average June 2007 July 2007 % Change
Asking Price $266,805 $282,758 6.0%
Sales Price $260,005 $273,010 5.0%
% of Asking Price 97% 97% 0.0%
$/SQFT $153 $154 0.7%
Days on Market 101 111 9.9%
Total Transactions 494 466 -5.7%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 4,657 properties on the market with 2,255 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 25, 2007

Scottsdale, AZ Market Update for July 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: 43.5%*

Average June 2007 July 2007 % Change
Asking Price $712,167 $711,719 -0.1%
Sales Price $677,737 $677,760 0.0%
% of Asking Price 95% 95% 0.0%
$/SQFT $283 $283 0.0%
Days on Market 118 122 3.4%
Total Transactions 550 464 -15.6%

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 8/7/2007: 6,010 properties on the market with 2,612 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 21, 2007

Phoenix, AZ Market Update for July 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: 46.1%*

Average June 2007 July 2007 % Change
Asking Price $319,751 $314,513 -1.6%
Sales Price $308,835 $304,449 -1.4%
% of Asking Price 97% 97% 0.0%
$/SQFT $180 $179 -0.6%
Days on Market 90 94 4.4%
Total Transactions 1,278 1,099 -14.0%

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 8/7/2007: 13,742 properties on the market with 6,332 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 14, 2007

Chandler, AZ Market Update for July 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: 51.1%*

Average June 2007 July 2007 % Change
Asking Price $378,923 $359,275 -5.2%
Sales Price $365,686 $347,786 -4.9%
% of Asking Price 97% 97% 0.0%
$/SQFT $173 $166 -4.0%
Days on Market 99 110 11.1%
Total Transactions 363 320 -11.8%

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 8/7/2007: 2,954 properties on the market with 1,510 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 10, 2007

Tucson, AZ Market Update for July 2007

Here are the latest real estate market statistics for Tucson, AZ 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 June 2007 July 2007 % Change
Asking Price $297,859 $274,800 -7.7%
Sales Price $287,846 $266,316 -7.5%
% of Asking Price 97% 97% 0.0%
$/SQFT $171 $156 -8.8%
Days on Market 47 60 27.7%
Total Transactions 912 724 -20.6%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 6,932 properties on the market with 2,2350 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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August 07, 2007

Chandler, AZ Market Update for June 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: 48.9%*

Average May 2007 June 2007 % Change
Asking Price $367,157 $378,923 3.2%
Sales Price $356,545 $365,686 2.6%
% of Asking Price 97% 97% 0.0%
$/SQFT $175 $173 -1.1%
Days on Market 102 99 -2.9%
Total Transactions 349 363 4.0%

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 7/9/2007: 2,856 properties on the market with 1,397 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 31, 2007

Mesa, AZ Market Update for June 2007

Here are the latest real estate market statistics for Mesa, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.3%*

Average May 2007 June 2007 % Change
Asking Price $275,060 $266,805 -3.0%
Sales Price $266,892 $260,005 -2.6%
% of Asking Price 97% 97% 0.0%
$/SQFT $155 $153 -1.3%
Days on Market 95 101 6.3%
Total Transactions 590 494 -16.3%

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All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 4,694 properties on the market with 1,397 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 26, 2007

Paradise Valley, AZ Market Update for June 2007

Here are the latest real estate market statistics for Paradise Valley, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 31.1%*

Average May 2007 June 2007 % Change
Asking Price $2,202,130 $2,592,922 17.7%
Sales Price $2,058,818 $2,383,493 15.8%
% of Asking Price 93% 92% -1.1%
$/SQFT $480 $453 -5.6%
Days on Market 155 189 21.9%
Total Transactions 33 27 -18.2%

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All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 354 properties on the market with 110 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

July 21, 2007

Scottsdale, AZ Market Update for June 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: 43.9%*

Average May 2007 June 2007 % Change
Asking Price $699,881 $712,167 1.8%
Sales Price $663,252 $677,737 2.2%
% of Asking Price 95% 95% 0.0%
$/SQFT $286 $283 -1.0%
Days on Market 116 118 1.7%
Total Transactions 621 550 -11.4%

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All numbers are from the MLS and are deemed reliable but n