North Phoenix Market Report - April 2008

by Phoenix Homes Team

May
7

North Phoenix single family homes, condos and townhouses sales reports for April 2008.

Average	Apr 2007	Mar 2008	Apr 2008	Monthly Change in %	Annual Change in %
Asking Price	$352,152	$349,754	$305,967	-12.52%	-13.12%
Sales Price	$325,265	$307,609	$281,646	-8.44%	-13.41%
% of Asking Price	92.36%	87.95%	92.05%	4.66%	-0.34%
$/SQFT	$181.77	$160.50	$147.39	-8.17%	-18.92%
Days on Market	89	126	136	7.87%	53.20%
Total Transactions	419	271	358	32.10%	-14.56%

Average	Apr 2007	Mar 2008	Apr 2008	Monthly Change in %	Annual Change in %
Asking Price	$207,227	$194,259	$194,159	-0.05%	-6.31%
Sales Price	$195,076	$167,091	$172,038	2.96%	-11.81%
% of Asking Price	94.14%	86.01%	88.61%	3.01%	-5.87%
$/SQFT	$168.27	$153.16	$145.69	-4.88%	-13.42%
Days on Market	102	114	112	-1.62%	9.88%
Total Transactions	77	34	50	47.06%	-35.06%

All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 5-7-2008.

Previous Market Conditions

Your name: *

E-mail: *

The content of this field is kept private and will not be shown publicly.

Homepage:

Comment: *

Web page addresses and e-mail addresses turn into links automatically.
Allowed HTML tags: <br> <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
Lines and paragraphs break automatically.

Notify me of follow-up comments posted here:

You can change the default for this field in "Comment follow-up notification settings" on your account edit page.

CAPTCHA

This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Math Question: * 5 + 13 =

Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.