11211 N Tatum Blvd Suite #130
Phoenix, AZ 85028
Phoenix, AZ 85028
602-404-9700 Fax 602-404-9701
South Phoenix Market Conditions, June 2008
Jul
7
7
South Phoenix single family homes, condos and townhouses sales reports for June 2008.
Single Family Homes Sales Report
| Average | June 2007 |
May 2008 |
June 2008 |
Monthly Change in % |
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $357,690 | $294,125 | $269,264 | -8.45% |
-24.72% |
| Sales Price | $330,470 | $254,256 | $234,246 | -7.87% |
-29.12% |
| % of Asking Price | 92.39% | 86.44% | 87.00% | 0.64% |
-5.84% |
| $/SQFT | $183.42 | $138.44 | $131.03 | -5.35% |
-28.56% |
| Days on Market | 93 | 119 | 125 | 5.04% |
34.41% |
| Total Transactions | 577 | 536 | 665 | 24.07% |
15.25% |
Condos and Townhouses Sales Report
| Average | June 2007 |
May 2008 |
June 2008 |
Monthly Change in % |
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $199,878 | $246,480 | $197,977 | -19.68% |
-0.95% |
| Sales Price | $189,009 | $224,900 | $180,463 | -19.76% |
-4.52% |
| % of Asking Price | 94.56% | 91.24% | 91.15% | -0.10% |
-3.60% |
| $/SQFT | $170.41 | $183.38 | $162.98 | -11.12% |
-4.36% |
| Days on Market | 87 | 128 | 124 | -3.13% |
42.53% |
| Total Transactions | 170 | 102 | 88 | -13.73% |
-48.24% |
All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 7-07-2008.
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