South Phoenix Market Report - April 2008

South Phoenix single family homes, condos and townhouses sales reports for April 2008.

Single Family Homes Sales Report

Average Apr
2007
Mar
2008
Apr
2008
Monthly Change in %
Annual Change in %
Asking Price $346,353 $297,278 $296,764
-0.17%
-14.32%
Sales Price $324,141 $262,765 $255,175
-2.89%
-21.28%
% of Asking Price 93.59% 88.39% 85.99%
-2.72%
-8.12%
$/SQFT $186.27 $144.70 $138.72
-4.13%
-25.53%
Days on Market 93 121 126
4.86%
35.76%
Total Transactions 618 375 494
31.73%
-20.06%

 

Condos and Townhouses Sales Report

Average Apr
2007
Mar
2008
Apr
2008
Monthly Change in %
Annual Change in %
Asking Price $218,751 $297,152 $197,397
-33.57%
-9.76%
Sales Price $199,507 $269,197 $170,212
-36.77%
-14.68%
% of Asking Price 91.20% 90.59% 86.23%
-4.82%
-5.45%
$/SQFT $184.19 $204.51 $143.72
-29.72%
-21.97%
Days on Market 80 120 124
2.89%
55.75%
Total Transactions 175 96 91
-5.21%
-48.00%

 

All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 5-7-2008. 

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