As a whole the city of Phoenix single family home resales decreased to 895 sales from last years 1,305.  The median home price decreased below the $200,000 mark to $199,875 from last years $225,000.  Prices vary widely in Phoenix, just as do neighborhoods and a buyer or seller would need to look at their own neighborhood for more precise information.  Take a look at recent sold and current activity in your Phoenix neighborhood, or you can order an estimated home value from us.

A total of 215 condos and townhomes sold in Phoenix in January 2008.  Viewing the chart below the trend line for condos and townhomes looks much different then the single family homes above.  The median condo price in the first month of 2008 was $165,750, this is an increased from last years $150,500.  You can view condos and townhomes for sale in Phoenix here.