Scottsdale Market Report - February 2008

by Phoenix Homes Team
Mar
7

Single Family Homes Sales Report

Average Feb-07 Jan-08 Feb-08
% Change Feb-08/Jan-08
% Change 08/07
Asking Price $790,760 $791,225 $811,082
2.51%
2.57%
Sales Price $759,126 $742,140 $749,832
1.04%
-1.22%
% of Asking Price 96.00% 93.80% 92.45%
-1.44%
-3.70%
$/SQFT $284.42 $266.10 $274.26
3.07%
-3.57%
Days on Market 141 172 147
-14.53%
4.26%
Total Transactions 335 207 246
18.84%
-26.57%

 

Condos and Townhouses Sales Report

Average Feb-07 Jan-08 Feb-08
% Change Feb-08/Jan-08
% Change 08/07
Asking Price $325,343 $319,289 $341,930
7.09%
5.10%
Sales Price $317,313 $298,498 $324,085
8.57%
2.13%
% of Asking Price 97.53% 93.49% 94.78%
1.38%
-2.82%
$/SQFT $242.78 $220.46 $222.59
0.97%
-8.32%
Days on Market 119 139 145
4.32%
21.85%
Total Transactions 143 81 86
6.17%
-39.86%

 

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