Excerpt from: Phoenix real estate and news
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| March 27, 2008 | | Condo and Home resale numbers for Phoenix. | Phoenix is a big city with a varied stock of housing so the median price from each of the major neighborhoods would be different but for the city as a whole sales of single family homes declined from 1,215 to 910 in February. The median home price declined as well to $185,000 from $228,470 the same time last year. This is a 19% decline. 
Condos and Townhomes in the city of Phoenix held their pricing better than homes.

The median condo/townhome price declined only 2% from $150,000 to $147,500 and the trend is up. Sales decreased from 355 last year to 175 this year. Find out what selling and whats for sale in your neighborhood. Whats the value of your Phoenix home? | |
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