Carefree Market Conditions, June 2008

by Phoenix Homes Team
Jul
7

Carefree single family homes, condos and townhouses 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 $1,507,991 $1,000,650 $1,038,333
3.77%
-31.14%
Sales Price $1,175,773 $901,500 $798,333
-11.44%
-32.10%
% of Asking Price 77.97% 90.09% 76.89%
-14.66%
-1.39%
$/SQFT $318.50 $334.67 $233.77
-30.15%
-26.60%
Days on Market 228 106 255
140.57%
11.84%
Total Transactions 11 6 6
0.00%
-45.45%

 

Condos and Townhouses Sales Report

Average June
2007		 May
2008		 June
2008
Monthly Change in %
Annual Change in %
Asking Price $599,900 $405,000 $550,933
36.03%
-8.16%
Sales Price $529,000 $382,500 $447,333
16.95%
-15.44%
% of Asking Price 88.18% 94.44% 81.20%
-14.03%
-7.92%
$/SQFT $268.53 $178.16 $218.32
22.54%
-18.70%
Days on Market 211 212 280
32.08%
32.70%
Total Transactions 1 2 3
50.00%
200.00%

 

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

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