Phoenix Market Conditions, December 2008

by Phoenix Homes Team

Jan
14

	December, 2007	November, 2008	December, 2008	Monthly Change in %	Annual Change in %
Asking Price	$349,062	$168,505	$153,086	-9.15%	-56.14%
Sale Price	$328,031	$161,219	$145,140	-9.97%	-55.75%
% of Asking Price	93.98%	95.68%	94.81%	-0.91%	0.88%
Price/SqFt	$169	$94	$86	-8.51%	-49.11%
DOM*	128	108	101	-6.48%	-21.09%
Total Transactions	504	950	1363	43.47%	170.44%

	December, 2007	November, 2008	December, 2008	Monthly Change in %	Annual Change in %
Asking Price	$204,209	$142,613	$133,475	-6.41%	-34.64%
Sale Price	$190,946	$134,704	$125,424	-6.89%	-34.31%
% of Asking Price	93.51%	94.45%	93.97%	-0.51%	0.49%
Price/SqFt	$160	$115	$114	-0.87%	-28.75%
DOM*	134	123	115	-6.5%	-14.18%
Total Transactions	110	97	139	43.3%	26.36%

Previous Market Conditions

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