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Excerpt from:  Phoenix real estate and news
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January 11, 2008

City of Phoenix Real Estate Market Data

Phoenix, AZ real estate market trends for December 2007

Real Estate trends data for the City of Phoenix including single family homes and condo /townhomes. 

city of phoenix real estate numbers

(Data from ASU Poly. Graphed by Artur Ciesielski,CCIM)

The city of Phoenix is quite large and the neighborhoods and median prices in each vary greatly from the lows around Sky Harbour Airport to the highs in Union Hills area or Arcadia.

In 2007 13,710 homes sold, compared to 20,600 in 2006. 

The median home price for the year 2007 is $220,000 which is flat from last year.

A total of 3,705 condo/townhomes sold compared to 4,605 in 2006. 

The median condo/townhome price for the year increased $149,000 to $161,550 an 8.4% increase.

Need to find out how your neighborhood is doing?  Call us at 602-861-3300 Artur Ciesielski.

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by The Artur and Joanna Real Estate Team
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