Median Prices for April 2007

171994 Resource 164804 165387 165387 1181784017210 1211049753695 Controlled Phoenix Real Estate Metro Median Prices for May 2007

Median price changes year on year in Greater Phoenix

Phoenix Real Estate - Greater Phoenix median prices single family homes sold in May 2007 and May 2006.<table width="247" cellspacing="0" cellpadding="0" border="0" style="width: 186pt; border-collapse: collapse;"><colgroup><col width="66" style="width: 50pt;" /><col width="64" style="width: 48pt;" /><col width="69" style="width: 52pt;" /><col width="48" style="width: 36pt;" /></colgroup><tbody><tr height="18" style="height: 14.1pt;"><td width="66" height="18" style="border-style: none solid none none; border-color: rgb(255, 255, 255) windowtext rgb(255, 255, 255) rgb(255, 255, 255); border-width: medium 0.5pt medium medium; width: 50pt; height: 14.1pt; background-color: transparent;" class="xl79">Single Family Homes</td><td width="64" style="border: medium none rgb(255, 255, 255); width: 48pt; background-color: transparent;" class="xl65"></td><td width="69" style="border: medium none rgb(255, 255, 255); width: 52pt; background-color: transparent;" class="xl65"></td><td width="48" style="border: medium none rgb(255, 255, 255); width: 36pt; background-color: transparent;" class="xl81"></td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border: 0.5pt solid windowtext; height: 14.1pt; background-color: transparent;" class="xl66"> </td><td width="64" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: 0.5pt 0.5pt 0.5pt medium; width: 48pt; background-color: transparent;" class="xl75">Median Sale Price</td><td width="69" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 52pt; background-color: transparent;" class="xl67">Median Sale Price</td><td width="48" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 36pt; background-color: transparent;" class="xl82">% Change</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68"> </td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl86">May. '06</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl87">May. '07</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83"> </td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl69">VALLEY</td><td style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl76"> $ 265,000 </td><td style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl70"> $ 262,000 </td><td align="right" style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl71">-1.13%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl69">Phoenix</td><td style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl76"> $ 220,000 </td><td style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl70"> $ 229,000 </td><td align="right" style="border-style: none solid solid none; border-color: rgb(255, 255, 255) windowtext windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl71">4.09%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: rgb(238, 236, 225);" class="xl72">Scottsdale</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl77"> $ 615,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl73"> $ 617,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl84">0.32%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Glendale</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 250,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 243,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-2.80%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Mesa</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 249,950 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 238,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-4.78%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Tempe</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 288,500 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 270,780 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-6.14%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Gilbert</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 327,450 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 300,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-8.38%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Chandler</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 306,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 297,750 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-2.69%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">El Mirage</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 214,950 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 200,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-6.96%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Peoria</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 284,950 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 255,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-10.51%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Sun City</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 220,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 199,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-9.55%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Surprise</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 256,300 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 245,070 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-4.38%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Avondale</td><td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(255, 255, 255); border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl78"> $ 260,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 223,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-14.23%</td></tr><tr height="18" style="height: 14.1pt;"><td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: white;" class="xl68">Goodyear</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 295,000 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl74"> $ 250,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: white;" class="xl83">-15.25%</td></tr></tbody></table>Data is from ASU Polytechnic and graphed by Artur Ciesielski, PLLCThis is the time of year that sales in Phoenix Metro should be increasing.  Last year in May 10,425 homes sold while only 5,220 sold in May this year.  24,265 home sold year to date in Greater Phoenix while last year 30,830 homes sold year to date, it was 46,485 YTD in 2005.  Prices have levelled off.  The high rises of previous years age gone.  Median price for Phoenix metro in may was $262,000, a 1.13% decline from last years $265,000.  The graph above of greater Phoenix median home prices shows a lot of declines.  In, fact most cities showed a decline in median price except Phoenix which had a 4% increase and Scottsdale which was pretty much level.  Goodyear, Avondale and Peoria had the greatest declines in median prices.  It's important to remember that just looking at single month changes is not the best measure. It does not show a trend.  9 application/xml false graph of phoenix median prices may 2007 median prices in greater phoenix phoenix median sales prices phoenix real estate price changes in phoenix Scottsdale real estate Median Prices for April 2007 Median price comparison for April 2007 and April 2006 in Greater Phoenix item/169452 Median Prices for March 2007 Median price comparizona for March 2007 and March 2006 in Greater Phoenix item/165401 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.14) Gecko/20080404 Firefox/2.0.0.14 127.0.0.1 127.0.0.1 aciesielski 98.165.109.170 false true false false true 176502 false false true false false false true 164804 blog blogsite/ArturCiesielski/web