Phoenix Market Conditions, March 2009

by Phoenix Homes Team

Apr
1

	March, 2008	February, 2009	March, 2009	Monthly Change in %	Annual Change in %
Asking Price	$319,292	$122,594	$108,202	-11.74%	-66.11%
Sale Price	$281,578	$117,589	$102,874	-12.51%	-63.47%
% of Asking Price	88.19%	95.92%	95.08%	-0.88%	7.81%
Price/SqFt	$152	$72	$65	-9.72%	-57.24%
DOM*	123	120	127	5.83%	3.25%
Total Transactions	646	1431	1963	37.18%	203.87%

	March, 2008	February, 2009	March, 2009	Monthly Change in %	Annual Change in %
Asking Price	$270,242	$110,524	$116,917	5.78%	-56.74%
Sale Price	$242,492	$103,376	$106,516	3.04%	-56.07%
% of Asking Price	89.73%	93.53%	91.1%	-2.6%	1.53%
Price/SqFt	$193	$88	$91	3.41%	-52.85%
DOM*	119	117	131	11.97%	10.08%
Total Transactions	130	151	175	15.89%	34.62%

Previous Market Conditions

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