Cave Creek Market Conditions, June 2008

by Phoenix Homes Team
Jul
7

Cave Creek single family homes sales reports for June 2008.

Single Family Homes Sales Report

Average June
2007		 May
2008		 June
2008
Monthly Change in %
Annual Change in %
Asking Price $645,850 $487,176 $566,033
16.19%
-12.36%
Sales Price $589,446 $423,116 $481,454
13.79%
-18.32%
% of Asking Price 91.27% 86.85% 85.06%
-2.06%
-6.80%
$/SQFT $227.74 $176.22 $187.90
6.63%
-17.49%
Days on Market 173 170 216
27.06%
24.86%
Total Transactions 56 25 36
44.00%
-35.71%

 

All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 7-07-2008.

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