Scottsdale Market Conditions, February 2009

by Phoenix Homes Team

Mar
2

	February, 2008	January, 2009	February, 2009	Monthly Change in %	Annual Change in %
Asking Price	$841,436	$631,941	$681,537	7.85%	-19%
Sale Price	$737,278	$570,092	$627,170	10.01%	-14.93%
% of Asking Price	87.62%	90.21%	92.02%	2.01%	5.02%
Price/SqFt	$272	$212	$210	-0.94%	-22.79%
DOM*	144	155	183	18.06%	27.08%
Total Transactions	249	182	207	13.74%	-16.87%

	February, 2008	January, 2009	February, 2009	Monthly Change in %	Annual Change in %
Asking Price	$356,832	$224,819	$209,198	-6.95%	-41.37%
Sale Price	$320,473	$208,402	$195,151	-6.36%	-39.11%
% of Asking Price	89.81%	92.7%	93.29%	0.64%	3.87%
Price/SqFt	$222	$155	$157	1.29%	-29.28%
DOM*	144	117	137	17.09%	-4.86%
Total Transactions	90	63	79	25.4%	-12.22%

Previous Market Conditions

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