Excerpt from: Greater Phoenix trends and statistics
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| May 18, 2007 | | Sales for Condos and Townhomes in Metro Phoenix April 2007 | | Condominiums / Patio Homes / Townhomes | | | Median Sale Price | Median Sale Price | % Change | | | April. 2006 | April. 2007 | | | Phoenix | $150,275 | $165,000 | 9.8% | | Scottsdale | $275,000 | $264,450 | -3.8% | | Glendale | $134,000 | $136,250 | 1.7% | | Mesa | $160,000 | $158,000 | -1.3% | | Tempe | $189,500 | $184,200 | -2.8% |
Data is From ASU Polytechnic. www.poly.asu.edu Overall median prices of condos and townhomes in Phoenix are doing well with a 9.8% increase over 2006, despite the increasing inventory. None of the cities took a big hit, at least not as much as single family homes market in some cities. | |
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