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Phoenix Real Estate Overview

Today, November 9, 2009

Market View for Phoenix

Info
Avg. Listing Price $283,513 Wk ending Nov 04
+$1,378
+0.5%
w-o-w
Median Sales Price $97,000 Aug '09 - Oct '09
-$48,500
-33.3%
y-o-y
7,712Homes For Sale 14Open Homes
19,497Recently Sold 19,191Foreclosures

Market Trends for Phoenix

Embed Info
Listing price – Phoenix
Average Listing Price
$283,513
+0.5%
w-o-w
Median Sales Price
$97,000
-33.3%
y-o-y
Average price/sqft
$78
-31%
y-o-y
Number of Sales
8,181
+4.5%
y-o-y
More Phoenix Market Trends
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Home Prices for Phoenix

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 4
 
w-o-w

Camelback East
$534,437
+0.5%
Paradise Valley
$914,713
-2.4%
North Mountain
$229,276
-0.4%
Deer Valley
$176,586
-1.5%
Maryvale
$75,072
+2.1%
 
Movers & Shakers
Avg. listing price
Week ending Nov 4
 
w-o-w

Encanto
$225,940
-3.2%
Alhambra
$243,827
+3.0%
Central City
$254,408
-2.7%
Paradise Valley
$914,713
-2.4%
Maryvale
$75,072
+2.1%
 
View Phoenix Home Prices Map
 

Phoenix Summary

Average price per square foot for Phoenix AZ was $78, a decrease of 31% compared to the same period last year. The median sales price for homes in Phoenix AZ for Aug 09 to Oct 09 was $97,000 based on 8,181 home sales. Compared to the same period one year ago, the median home sales price decreased 33.3%, or $48,500, and the number of home sales increased 4.5%.

There are currently 7,712 resale and new homes in Phoenix on Trulia, including 14 open houses, as well as 19,191 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Phoenix AZ was $283,513 for the week ending Nov 04, which represents an increase of 0.5%, or $1,378, compared to the prior week. Popular neighborhoods in Phoenix include Camelback East and Paradise Valley, with average listing prices of $534,437 and $914,713.

 

Community Info for Phoenix

Info
More Phoenix Community Info

Homes for Sale in Phoenix

1017 East Maryland Avenue #137, Phoenix AZ
1017 E Mar…
$115,000
2 br  2 ba
1916 North 32nd Street #105, Phoenix AZ
1916 N 32nd…
$39,000
2 br  2 ba
3024 East Squaw Peak Circle, Phoenix AZ
3024 E Squ…
$707,000
2 br  3 ba
4545 North 67th Avenue, Phoenix AZ
4545 N 67th…
$69,900
3 br  2 ba
3370 West Grandview Road, Phoenix AZ
3370 W Gra…
$159,000
4 br  3 ba
3848 North 3rd Avenue, Phoenix AZ
3848 N 3rd…
$67,900
2 br  2 ba
View all Phoenix Homes for Sale
 
Stats & Trends
Phoenix

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Camelback East

Paradise Valley

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Nearby Cities

Cities
Median
sales price
Average
listing price
Glendale
$115,000
$186,874
Tempe
$175,000
$299,039
Paradise Valley
$1,100,000
$2,641,550
Laveen
$130,900
$175,102
Scottsdale
$305,000
$780,123
Tolleson
$101,732
$126,829
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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