Phoenix Market Conditions, February 2009

by Phoenix Homes Team

Mar
2

	February, 2008	January, 2009	February, 2009	Monthly Change in %	Annual Change in %
Asking Price	$324,596	$141,103	$122,594	-13.12%	-62.23%
Sale Price	$277,621	$133,370	$117,589	-11.83%	-57.64%
% of Asking Price	85.53%	94.52%	95.92%	1.48%	12.15%
Price/SqFt	$153	$80	$72	-10%	-52.94%
DOM*	133	117	120	2.56%	-9.77%
Total Transactions	527	1275	1431	12.24%	171.54%

	February, 2008	January, 2009	February, 2009	Monthly Change in %	Annual Change in %
Asking Price	$193,088	$141,909	$110,597	-22.07%	-42.72%
Sale Price	$170,987	$133,778	$102,696	-23.23%	-39.94%
% of Asking Price	88.55%	94.27%	92.86%	-1.5%	4.87%
Price/SqFt	$146	$113	$87	-23.01%	-40.41%
DOM*	124	124	118	-4.84%	-4.84%
Total Transactions	88	119	152	27.73%	72.73%

Previous Market Conditions

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