Scottsdale Market Conditions, January 2009

by Phoenix Homes Team

Feb
2

	January, 2008	December, 2008	January, 2009	Monthly Change in %	Annual Change in %
Asking Price	$775,696	$647,993	$631,941	-2.48%	-18.53%
Sale Price	$726,800	$595,513	$570,092	-4.27%	-21.56%
% of Asking Price	93.7%	91.9%	90.21%	-1.84%	-3.72%
Price/SqFt	$264	$205	$212	3.41%	-19.7%
DOM*	171	173	155	-10.4%	-9.36%
Total Transactions	212	245	182	-25.71%	-14.15%

	January, 2008	December, 2008	January, 2009	Monthly Change in %	Annual Change in %
Asking Price	$320,383	$275,454	$224,819	-18.38%	-29.83%
Sale Price	$299,797	$252,257	$208,402	-17.38%	-30.49%
% of Asking Price	93.57%	91.58%	92.7%	1.22%	-0.93%
Price/SqFt	$225	$190	$155	-18.42%	-31.11%
DOM*	141	111	117	5.41%	-17.02%
Total Transactions	82	82	63	-23.17%	-23.17%

Previous Market Conditions

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