Phoenix Real Estate Market Trends Overview | Greater Phoenix real estate and investments

201965 Resource 164804 165387 165387 1208530275177 1209830583818 Controlled Condo and Townhome resale numbers in Greater Phoenix

Median sale prices for the Phoenix condo market.

As prices decline or single family homes in Greater Phoenix there it will affect prices for townhomes.  I wonder it that is happening already.  In March 2008, a total of 685 condos and townhomes were sold.  This is 49% lower then last years 1,350 sales.  The median price for the valley dropped by 9% from $181,000 to $165,000.<table width="250" cellspacing="0" cellpadding="0" border="0" style="width: 188pt; border-collapse: collapse;"><colgroup><col width="69" style="width: 52pt;" /><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="69" height="18" style="border: 0.5pt solid windowtext; width: 52pt; 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(236, 233, 216); border-width: 0.5pt 0.5pt 0.5pt medium; width: 48pt; background-color: transparent;" class="xl70">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="xl73">% 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: transparent;" class="xl66"> </td><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">Mar'07</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl76">Mar'08</td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82">%</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="xl68">VALLEY</td><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"> $ 181,000 </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="xl78"> $ 165,000 </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="xl81">-9.0%</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="xl68">Phoenix</td><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"> $ 165,000 </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="xl69"> $ 149,000 </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="xl81">-10.0%</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="xl68">Scottsdale</td><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"> $ 265,950 </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="xl69"> $ 236,750 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: rgb(238, 236, 225);" class="xl81">-11.0%</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: transparent;" class="xl66">Glendale</td><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"> $ 148,850 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"> $ 155,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82">4.0%</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: transparent;" class="xl66">Mesa</td><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"> $ 158,400 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"> $ 144,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82">-9.0%</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: transparent;" class="xl66">Tempe</td><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"> $ 198,500 </td><td style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl80"> $ 160,000 </td><td align="right" style="border-style: none solid solid none; border-color: windowtext; border-width: medium 0.5pt 0.5pt medium; background-color: transparent;" class="xl82">-19.0%</td></tr></tbody></table> Graphed by Artur Ciesielski from ASU Polytechnic date 9 application/xml false Phoenix condo market Phoenix condo trends Phoenix home values Phoenix median home price trends Phoenix real estate Phoenix Real Estate Market Trends Overview | Greater Phoenix real estate and investments Historic graphs of the real estate market in Greater Phoenix item/180051 Sales and Sold in your Phoenix neighborhood. Real estate activity in your area. 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