Central Corridor Market Conditions, May 2009

by Phoenix Homes Team

Jun
1

	May 2008	April 2009	May 2009	Monthly Change in %	Annual Change in %
Asking Price	$299,543	$115,692	$124,271	7.41%	-58.51%
Sale Price	$261,948	$111,364	$119,850	7.62%	-54.25%
% of Asking Price	87.45%	96.26%	96.44%	0.19%	10.28%
Price/SqFt	$141	$69	$72	4.35%	-48.94%
DOM*	121	117	117	0%	-3.31%
Total Transactions	909	2203	2293	4.09%	152.26%

	May 2008	April 2009	May 2009	Monthly Change in %	Annual Change in %
Asking Price	$231,872	$88,318	$103,187	16.84%	-55.5%
Sale Price	$211,095	$86,622	$95,335	10.06%	-54.84%
% of Asking Price	91.04%	98.08%	92.39%	-5.8%	1.48%
Price/SqFt	$176	$79	$83	5.06%	-52.84%
DOM*	134	130	124	-4.62%	-7.46%
Total Transactions	153	247	307	24.29%	100.65%

	May 2008	April 2009	May 2009	Monthly Change in %	Annual Change in %
Asking Price	$544,102	$340,750	$289,608	-15.01%	-46.77%
Sale Price	$462,858	$316,736	$274,615	-13.3%	-40.67%
% of Asking Price	85.07%	92.95%	94.82%	2.01%	11.46%
Price/SqFt	$205	$143	$139	-2.8%	-32.2%
DOM*	152	165	157	-4.85%	3.29%
Total Transactions	42	59	73	23.73%	73.81%

	May 2008	April 2009	May 2009	Monthly Change in %	Annual Change in %
Asking Price	$430,861	$101,366	$153,117	51.05%	-64.46%
Sale Price	$402,524	$97,840	$142,668	45.82%	-64.56%
% of Asking Price	93.42%	96.52%	93.18%	-3.46%	-0.26%
Price/SqFt	$264	$83	$107	28.92%	-59.47%
DOM*	148	95	107	12.63%	-27.7%
Total Transactions	29	28	40	42.86%	37.93%

Previous Market Conditions

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