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        <CreateTime Title="2008-02-13 21:15:39 EST">1202955339182</CreateTime>
        <ModifyTime Title="2008-05-17 09:39:53 EDT">1211031593346</ModifyTime>
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        <Name>Greater Phoenix Condo and Townhome Real Estate Market for January 2008</Name>
        <Summary>Median condo and townhome prices in Greater Phoenix.</Summary>
        <Description>&lt;p align="left"&gt;The condo and townhome market in Greater Phoenix is holding prices up more then the single family homes.&amp;nbsp; Below are the most recent median condo/townhome prices in Greater Phoenix.&amp;nbsp; If you'd like to search for a condo take a look at the Phoenix cities Condo and Townhome search.&lt;/p&gt;&lt;p align="center"&gt;Condos / Townhomes / Patiohomes&lt;/p&gt;&lt;p align="center"&gt;&lt;table width="250" cellspacing="0" cellpadding="0" border="0" style="width: 188pt; border-collapse: collapse;"&gt;&lt;colgroup&gt;&lt;col width="69" style="width: 52pt;" /&gt;&lt;col width="64" style="width: 48pt;" /&gt;&lt;col width="69" style="width: 52pt;" /&gt;&lt;col width="48" style="width: 36pt;" /&gt;&lt;/colgroup&gt;&lt;tbody&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td width="69" height="18" style="border: 0.5pt solid windowtext; width: 52pt; height: 14.1pt; background-color: transparent;" class="xl66"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td width="64" style="border-style: solid solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: 0.5pt 0.5pt 0.5pt medium; width: 48pt; background-color: transparent;" class="xl70"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Median Sale Price&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;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"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Median Sale Price&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;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="xl73"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;% Change&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: transparent;" class="xl66"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl75"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Jan. '07&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl76"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Jan. '08&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;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="xl68"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;VALLEY&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl77"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;175,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl78"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;174,500 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;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="xl81"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;0.0%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;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="xl68"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Phoenix&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl71"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;150,500 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl69"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;165,750 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;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="xl81"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;10.5%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;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="xl68"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Scottsdale&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl71"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;272,500 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl69"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;272,500 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;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="xl81"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;0.0%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: transparent;" class="xl66"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Glendale&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl79"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;139,150 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;123,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;-11.6%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: transparent;" class="xl66"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Mesa&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl79"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;165,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;145,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;-12.1%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="18" style="height: 14.1pt;"&gt;&lt;td height="18" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt; height: 14.1pt; background-color: transparent;" class="xl66"&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;&lt;strong&gt;Tempe&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext windowtext windowtext rgb(236, 233, 216); border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl79"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;201,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;$&lt;span&gt;&amp;nbsp;&lt;/span&gt;167,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82"&gt;&lt;strong&gt;&lt;font size="2" face="Garamond" color="#000000"&gt;-16.9%&lt;/font&gt;&lt;/strong&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;font size="1"&gt;Date from ASU Poly. Graphed by &lt;/font&gt;&lt;a target="_self" href="http://www.ccimpartners.com/artur" title="Artur Ciesielski Realtor in Phoenix"&gt;&lt;font size="1"&gt;Artur Ciesielski, CCIM&lt;br /&gt;&lt;/font&gt;&lt;/a&gt;&lt;/p&gt;&lt;p align="left"&gt;Though Glendale, Mesa and Tempe all had larger declines in median prices of condos then in previous months, the Phoenix metro area stayed flat as did Scottsdale.&lt;/p&gt;&lt;p align="left"&gt;A total of 640 townhome/condominiums sold in January 2008.&amp;nbsp; This is 5 more then in December and 110 less then in January 2007.&amp;nbsp; This type of housing has more demand as its appeals more to second home buyers as vacation homes.&amp;nbsp; There have been many Canadians buying condos in the valley, especially Scottsdale the most popular vacation home spot. Condos are also popular as investment properties with many investors.&lt;/p&gt;</Description>
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