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Phoenix Real Estate Overview

Today, December 10, 2009

Market View for Phoenix

Info
Avg. Listing Price $275,589 Wk ending Dec 02
-$1,959
-0.7%
w-o-w
Median Sales Price $103,000 Sep '09 - Nov '09
-$33,122
-24.3%
y-o-y
7,967Homes For Sale 13Open Homes
21,016Recently Sold 18,647Foreclosures

Market Trends for Phoenix

Embed Info
Listing price – Phoenix
Average Listing Price
$275,589
-0.7%
w-o-w
Median Sales Price
$103,000
-24.3%
y-o-y
Average price/sqft
$641
+499.1%
y-o-y
Number of Sales
8,740
+18.3%
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 Dec 2
 
w-o-w

Camelback East
$512,199
0.0%
North Mountain
$225,554
-1.8%
Paradise Valley
$808,413
-0.6%
Deer Valley
$185,618
-0.7%
Alhambra
$256,108
-0.5%
 
Movers & Shakers
Avg. listing price
Week ending Dec 2
 
w-o-w

Central City
$224,004
-5.1%
Estrella
$90,901
-2.4%
North Mountain
$225,554
-1.8%
South Mountain
$141,430
-1.2%
Ahwatukee Foothills
$457,981
+1.2%
 
View Phoenix Home Prices Map
 

Phoenix Summary

Average price per square foot for Phoenix AZ was $641, an increase of 499.1% compared to the same period last year. The median sales price for homes in Phoenix AZ for Sep 09 to Nov 09 was $103,000 based on 8,740 home sales. Compared to the same period one year ago, the median home sales price decreased 24.3%, or $33,122, and the number of home sales increased 18.3%.

There are currently 7,967 resale and new homes in Phoenix on Trulia, including 13 open houses, as well as 18,647 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 $275,589 for the week ending Dec 02, which represents a decrease of 0.7%, or $1,959, compared to the prior week. Popular neighborhoods in Phoenix include Camelback East and North Mountain, with average listing prices of $512,199 and $225,554.

 

Community Info for Phoenix

Info
More Phoenix Community Info

Homes for Sale in Phoenix

3702 West Thalia Court, Phoenix AZ
3702 W Tha…
$129,900
2 br  2 ½ ba
5731 South 21st Terrace, Phoenix AZ
5731 S 21st…
$119,900
3 br  2 ba
14438 South 44th Street, Phoenix AZ
14438 S 44…
$229,900
3 br  2 ba
6513 West Sonora Street, Phoenix AZ
6513 W Son…
$75,000
4 br  2 ba
1718 East Sandra Terrace, Phoenix AZ
1718 E San…
$86,900
2 br  1 ba
11666 North 28th Drive, Phoenix AZ
11666 N 28…
$37,900
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

North Mountain

View more neighborhoods or ZIPs
  • Ahwatukee Foothills
  • Alhambra
  • Camelback East
  • Central City
  • Deer Valley
  • Desert View
  • Encanto
  • Estrella
  • Laveen
  • Maryvale
  • New Village
  • North Gateway
  • North Mountain
  • Paradise Valley
  • South Mountain
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Nearby Cities

Cities
Median
sales price
Average
listing price
Glendale
$115,537
$181,607
Tempe
$169,900
$290,647
Paradise Valley
$1,090,000
$2,651,947
Laveen
$137,500
$172,307
Scottsdale
$293,700
$764,326
Tolleson
$107,905
$125,668
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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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