Excerpt from:  Greater Phoenix trends and statistics
.
November 21, 2007

Greater Phoenix Townhome and Condo median resale numbers.

October 2007 revealed the strong buyers market in Phoenix we are in.

Greater Phoenix townhome and condominium median home prices and change from last year.

 Median Sale PriceMedian Sale Price% Change
 Oct. '06Oct. '07 
VALLEY $ 175,000  $ 170,000 -2.86%
Phoenix $ 152,000  $ 155,170 2.09%
Scottsdale $ 253,350  $ 225,900 -10.83%
Glendale $ 141,000  $ 140,000 -0.71%
Mesa $ 153,000  $ 140,950 -7.88%
Tempe $ 189,950  $ 190,000 0.03%

Graphed by REALTOR, Artur Ciesielski, CCIM from data by ASU Polytechnic.

Condo market in greater phoenix


The condo market fared better than the single family home market overall with less than a 3% decline in the Greater Phoenix, but Scottsdale and Mesa had larger declines of 11% and 8% respectively.
A total of 710 townhomes and condominiums sold.  This is 25 ore than in September but 205 less than a year ago.

 
Townhome/condo sales in specific cities.


-Greater Phoenix   710
-Phoenix              255
-Scottsdale          160
-Glendale             40
-Mesa                 90
-Tempe               25

by The Artur and Joanna Real Estate Team
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