Phoenix real estate market trends

198520 Resource 164804 165387 165387 1204337046241 1211049799521 Controlled Resale Home Appreciation in Greater Phoenix

How much have homes appreciated in Maricopa County?

Below is a chart of real estate appreciation in Greater Phoenix.  This chart presents resale single family homes in Maricopa County from 1988 to Present.  <table width="264" cellspacing="0" cellpadding="0" border="0" style="width: 198pt; border-collapse: collapse;"><colgroup><col width="71" style="width: 53pt;" /><col width="110" style="width: 83pt;" /><col width="83" style="width: 62pt;" /></colgroup><tbody><tr height="21" style="height: 15.75pt;"><td width="71" height="21" style="border: 0.5pt solid windowtext; width: 53pt; height: 15.75pt; background-color: rgb(238, 236, 225);" class="xl77">Year</td><td width="110" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 83pt; background-color: rgb(238, 236, 225);" class="xl78"> Median Resale </td><td width="83" style="border-style: solid solid solid none; border-color: windowtext; border-width: 0.5pt 0.5pt 0.5pt medium; width: 62pt; background-color: rgb(238, 236, 225);" class="xl77">% Change</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl74">1988</td><td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl75"> $ 78,000.00 </td><td style="border-style: none solid solid none; border-color: rgb(236, 233, 216) windowtext windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl76"> ---</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1989</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 78,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">0</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1990</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 79,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">1.28</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1991</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 80,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">1.27</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1992</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 83,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">3.75</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1993</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 84,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">1.2</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1994</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 87,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">3.57</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1995</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 90,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">3.45</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1996</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 97,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">7.78</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1997</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 105,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">8.25</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1998</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 113,585.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">8.12</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">1999</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 120,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">5.65</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2000</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 128,900.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">7.42</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2001</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 136,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">5.51</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2002</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 144,900.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">6.54</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2003</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 155,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">6.97</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2004</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 174,815.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">12.78</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2005</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 240,500.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">37.57</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2006</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 260,600.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">8.36</td></tr><tr height="20" style="height: 15pt;"><td height="20" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 0.5pt 1pt; height: 15pt; background-color: transparent;" class="xl68">2007</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl69"> $ 257,000.00 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 0.5pt medium; background-color: rgb(219, 229, 241);" class="xl70">-1.38</td></tr><tr height="21" style="height: 15.75pt;"><td height="21" style="border-style: none solid solid; border-color: windowtext; border-width: medium 0.5pt 1pt 1pt; height: 15.75pt; background-color: transparent;" class="xl71">2008</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 1pt medium; background-color: transparent;" class="xl72"> </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 1pt 1pt medium; background-color: rgb(219, 229, 241);" class="xl73"> </td></tr></tbody></table>(Data from ASU Polytechnic)These are very general median numbers.  This is all of Maricopa County all thrown together.  In real life each city performs differently.  In fact each neighborhood is its own market, but to some extent they all follow the general trends.Of note are the first few years because this was the time during and after RTC.  Take a look at 2005.  With a 37.6% hike in prices, it's no wonder the market wants to catch its breath.  In comparison the 1.38% drop is nothing compared to house appreciation for the last few years.  9 application/xml false Greater Pheonix real estate homes appreciation rates in Phoenix Maricopa county resale home appreciation rates Phoenix real estate Phoenix real estate market trends Real Estate Resale data for Greater Phoenix item/180051 Homes for sale and sold in my Phoenix neighborhood. What's selling and what on the market in your neighborhood http://www.PhoenixTrends.com 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