Central Corridor Market Conditions, November 2008

by Phoenix Homes Team
Dec
2

Single Family Homes Sales in Central Corridor - November, 2008

  November, 2007 October, 2008 November, 2008 Monthly Change in % Annual Change in %
Asking Price
$457,100
$426,201
$467,967
9.8%
2.38%
Sale Price
$439,820
$396,102
$427,546
7.94%
-2.79%
% of Asking Price
96.22%
92.94%
91.36%
-1.7%
-5.05%
Price/SqFt
$212
$178
$182
2.25%
-14.15%
DOM*
121
137
183
33.58%
51.24%
Total Transactions
44
65
37
-43.08%
-15.91%

 

Condos/Townhouses Sales in Central Corridor - November, 2008

  November, 2007 October, 2008 November, 2008 Monthly Change in % Annual Change in %
Asking Price
$237,942
$187,677
$264,958
41.18%
11.35%
Sale Price
$230,195
$177,000
$241,608
36.5%
4.96%
% of Asking Price
96.74%
94.31%
91.19%
-3.31%
-5.74%
Price/SqFt
$181
$139
$170
22.3%
-6.08%
DOM*
90
124
98
-20.97%
8.89%
Total Transactions
19
20
12
-40%
-36.84%

 

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