Scottsdale Market Report - April 2008

by Phoenix Homes Team
May
7


Scottsdale 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 $830,100 $932,097 $839,992
-9.88%
1.19%
Sales Price $771,224 $815,181 $723,998
-11.19%
-6.12%
% of Asking Price 92.91% 87.46% 86.19%
-1.45%
-7.23%
$/SQFT $295.27 $283.48 $266.36
-6.04%
-9.79%
Days on Market 124 169 150
-11.39%
20.53%
Total Transactions 406 278 303
8.99%
-25.37%

 

Condos and Townhouses Sales Report

Average Apr
2007		 Mar
2008		 Apr
2008
Monthly Change in %
Annual Change in %
Asking Price $331,021 $337,535 $347,658
3.00%
5.03%
Sales Price $305,882 $298,643 $300,244
0.54%
-1.84%
% of Asking Price 92.41% 88.48% 86.36%
-2.39%
-6.54%
$/SQFT $232.36 $217.50 $222.41
2.26%
-4.28%
Days on Market 104 153 154
0.71%
48.39%
Total Transactions 176 121 128
5.79%
-27.27%

 

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