North Phoenix Market Report - April 2008

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

Single Family Homes Sales Report

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%

 

Condos and Townhouses Sales Report

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.