The median sales price for homes in Phoenix AZ for Sep 09 to Nov 09 was $105,000. This represents an increase of 7.4%, or $7,250, compared to the prior quarter and a decrease of 22.9% compared to the prior year. Sales prices have depreciated 32.3% over the last 5 years in Phoenix.
The average listing price for Phoenix homes for sale on Trulia was $277,242 for the week ending Dec 08, which represents an increase of 0.7%, or $1,929, compared to the prior week and a decline of 1.2%, or $3,321, compared to the week ending Nov 17. Average price per square foot for Phoenix AZ was $620, an increase of 479.4% compared to the same period last year. Popular neighborhoods in Phoenix include Camelback East, Paradise Valley, North Mountain, Deer Valley, South Mountain, and Maryvale.