Paradise Valley Market Conditions, June 2008

by Phoenix Homes Team
Jul
7

Paradise Valley 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 $2,772,848 $2,875,540 $2,685,275
-6.62%
-3.16%
Sales Price $2,383,641 $2,379,370 $2,121,719
-10.83%
-10.99%
% of Asking Price 85.96% 82.75% 79.01%
-4.51%
-8.09%
$/SQFT $470.58 $429.21 $415.65
-3.16%
-11.67%
Days on Market 189 283 218
-22.97%
15.34%
Total Transactions 27 20 16
-20.00%
-40.74%

 

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

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