Arizona home prices – June 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 1.4% going from $267,000 in June 2006 to $263,145 in June 2007.

Sun City West and Sun City are the big winners in the falling prices contest, down 16% and 14% from a year ago. Last June was the peak for the median home price in Sun City West, however, so that comparison is a bit misleading. It’s not misleading to say the median price of single family homes in Sun City West and Sun City have fallen more in the last year than in any other city listed below.

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July 20, 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.

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