Scottsdale Market Conditions, November 2008

by Phoenix Homes Team

Dec
2

	November, 2007	October, 2008	November, 2008	Monthly Change in %	Annual Change in %
Asking Price	$830,982	$610,835	$683,027	11.82%	-17.8%
Sale Price	$777,789	$560,534	$625,352	11.56%	-19.6%
% of Asking Price	93.6%	91.77%	91.56%	-0.23%	-2.18%
Price/SqFt	$286	$217	$224	3.23%	-21.68%
DOM*	131	143	155	8.39%	18.32%
Total Transactions	224	253	187	-26.09%	-16.52%

	November, 2007	October, 2008	November, 2008	Monthly Change in %	Annual Change in %
Asking Price	$360,625	$287,292	$279,057	-2.87%	-22.62%
Sale Price	$341,045	$269,072	$262,108	-2.59%	-23.15%
% of Asking Price	94.57%	93.66%	93.93%	0.29%	-0.68%
Price/SqFt	$244	$204	$191	-6.37%	-21.72%
DOM*	110	117	119	1.71%	8.18%
Total Transactions	117	69	61	-11.59%	-47.86%

Previous Market Conditions

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