Arizona home prices – May 2007 – 14 cities | Arizona Real Estate Notebook

Arizona home prices – May 2007 – 14 cities

EXCLUSIVE – Table of ASU data created by your favorite Realtor, John L. Wake, Associate Broker, HomeSmart Real Estate.

For all of Greater Phoenix the median home price year-over-year was down slightly going from $265,000 in May 2006 to $262,000 in May 2007.

11 of the 14 cities below had lower prices, 2 cities were flat, however the largest city by far, Phoenix, was up 2% which kept the median home price flat for Greater Phoenix overall. Phoenix was the only city with a year-over-year increase in median home price for May. Among these 14 cities, it looks like there is some real pain in Avondale and Goodyear.

Previous price charts
Archive of price charts

June 14, 2007 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

Visit Authors Website →