Excerpt from: Greater Phoenix trends and statistics
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| June 14, 2007 | | Phoenix Real Estate Metro Condo Statistics | Condo, Town home, Patio Home Resale median price statistics for Phoenix, Scottsdale, Glendale, Mesa and Tempe. | | Median Sale Price | Median Sale Price | % Change | | | May. '06 | May. '07 | | | VALLEY | $ 175,000 | $ 184,990 | 5.71% | | Phoenix | $ 153,700 | $ 165,745 | 7.84% | | Scottsdale | $ 261,500 | $ 273,250 | 4.49% | | Glendale | $ 148,500 | $ 146,000 | -1.68% | | Mesa | $ 157,000 | $ 150,000 | -4.46% | | Tempe | $ 198,000 | $ 189,400 | -4.34% |
Just as with resale single family homes in Phoenix metro, condos and townhomes declined slightly, though less than houses. Valley wide the median price gained 5.7% over last year with Phoenix leading the pack with a 7.84% increase in median price, followed by Scottsdale. | | | |
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