Phoenix Real Estate, June 2007

178809 Resource 164804 165387 165387 1186755136044 1186757542792 Controlled Phoenix Real Estate Median Home Prices

Current Phoenix Market Trends, Median Prices and Changes

Greater Phoenix Resale Single Family Home / Median Home Prices and Year on Year change.<table style="WIDTH: 186pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="247" border="0"><colgroup><col style="WIDTH: 50pt; mso-width-source: userset; mso-width-alt: 2413" width="66" /><col style="WIDTH: 48pt; mso-width-source: userset; mso-width-alt: 2340" width="64" /><col style="WIDTH: 52pt; mso-width-source: userset; mso-width-alt: 2523" width="69" /><col style="WIDTH: 36pt; mso-width-source: userset; mso-width-alt: 1755" width="48" /></colgroup><tbody><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl65" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; WIDTH: 50pt; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width="66" height="18"> </td><td class="xl74" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ffffff; WIDTH: 48pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width="64">Median Sale Price</td><td class="xl66" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; WIDTH: 52pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width="69">Median Sale Price</td><td class="xl79" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; WIDTH: 36pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width="48">% Change</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18"> </td><td class="xl83" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white">July. '06</td><td class="xl84" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white">July. '07</td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> </td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18">VALLEY</td><td class="xl75" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $  264,900 </td><td class="xl69" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $    265,000 </td><td class="xl70" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1" align="right">0.00%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18">Phoenix</td><td class="xl75" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $  223,000 </td><td class="xl69" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $    225,000 </td><td class="xl70" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ffffff; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1" align="right">0.89%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl71" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18">Scottsdale</td><td class="xl76" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $  580,000 </td><td class="xl72" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1"> $    600,000 </td><td class="xl81" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1" align="right">3.44%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Glendale</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  249,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    238,500 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-4.21%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Mesa</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  249,900 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    242,000 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-3.16%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Tempe</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  286,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    283,810 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-0.76%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Gilbert</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  335,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    314,500 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-6.12%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Chandler</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  300,500 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    308,375 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">2.62%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">El Mirage</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  220,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    180,000 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-18.18%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Peoria</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  270,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    264,950 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-1.87%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Sun City</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  204,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    199,500 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-2.21%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Surprise</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  253,500 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    234,900 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-9.62%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Avondale</td><td class="xl77" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ffffff; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  259,900 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    222,500 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-14.40%</td></tr><tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"><td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" height="18">Goodyear</td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $  295,000 </td><td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white"> $    248,750 </td><td class="xl80" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: white" align="right">-15.70%</td></tr></tbody></table>Data from ASU Polytechnic, graphed by Artur CiesielskiIn July 2007, there were 4330 home sales.  This is lower compared to previous months so far in 2007.<table style="WIDTH: 96pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="128" border="0"><colgroup><col style="WIDTH: 48pt" span="2" width="64" /></colgroup><tbody><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; WIDTH: 48pt; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" width="64" height="20">January</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; WIDTH: 48pt; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right" width="64">4520</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">February</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">4280</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">March</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">5385</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">April</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">4855</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">May</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">5220</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">June</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">4910</td></tr><tr style="HEIGHT: 15pt" height="20"><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; HEIGHT: 15pt; BACKGROUND-COLOR: transparent" align="right" height="20">July</td><td style="BORDER-RIGHT: #ffffff; BORDER-TOP: #ffffff; BORDER-LEFT: #ffffff; BORDER-BOTTOM: #ffffff; BACKGROUND-COLOR: transparent" align="right">4330</td></tr></tbody></table>Year to date, 33,510 homes sold compared to 41,835 last year to July, a 19.9% decline.  New home sales declined by 31% from last year  (year over year, June).  Although the sales are sluggish, they are steady.  Resale homes have to compete with new home builders, many of whom, have not cleared their inventory yet and many spec or cancel homes have yet to be finished and sold.  The median home price for Phoenix metro, in July was $265,000 compared to $263,145 in June and pretty flat year over year, $264,900 in July 2006.  Phoenix, Scottsdale resale prices are holding steady but the outlying areas continue to see big declines.  Goodyear, Avondale, El Mirage, and Surprise have taken big median price hits.  Sales of homes have also dramatically declined in those cities.  Other cities have held steady with very slight declines in prices and larger declines in home sales.<a title="phoenix real estate, arizona real estate, home values" href="http://www.accesshomevalues.com/" target="_blank">What is the value of your home in this Phoenix real estate market?</a> 9 application/xml false arizona real estate greater phoenix real estate home price trends in phoenix homes sales in phoenix median home prices in phoenix phoenix market trends phoenix real estate Phoenix Real Estate, June 2007 Median home prices for June 2006 and 2007 item/176141 Phoenix Real Estate, May 2007 Median home prices for May 2006 and 2007 item/171994 Phoenix Real Estate, April 2007 Median home prices for April 2006 and 2007 item/169452 Phoenix Real Estate, March 2007 Median home prices for March 2006 and 2007 item/165401 Mozilla/4.0 (compatible; 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