Scottsdale Market Report - March 2008

by Phoenix Homes Team
Apr
7


Scottsdale single family homes, condos and townhouses sales reports for March 2008.

Single Family Homes Sales Report

Average Mar 2007 Feb 2008 Mar 2008 Monthly Change in % Annual Change in %
Asking Price $904,389 $841,436 $932,097
10.77%
3.06%
Sales Price $805,242 $737,278 $815,181
10.57%
1.23%
% of Asking Price 89.04% 87.62% 87.46%
-0.19%
-1.78%
$/SqFt $294.46 $272.31 $283.48
4.10%
-3.73%
Days on Market 124 144 169
17.87%
36.59%
Total Transactions 433 249 278
11.65%
-35.80%

Condos and Townhouses Sales Report

Average Mar 2007 Feb 2008 Mar 2008 Monthly Change in % Annual Change in %
Asking Price $336,623 $356,832 $337,535
-5.41%
0.27%
Sales Price $311,459 $320,473 $298,643
-6.81%
-4.11%
% of Asking Price 92.52% 89.81% 88.48%
-1.48%
-4.37%
$/SqFt $230.53 $222.26 $217.50
-2.14%
-5.65%
Days on Market 115 144 153
6.05%
32.87%
Total Transactions 156 90 121
34.44%
-22.44%

 

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