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.
2 responses so far ↓
1 Ryan from Phx // Jul 21, 2007 at 2:53 pm
To address some of the monthly variation you might want to consider presenting a rolling average (like 3 months). It will smooth the variation out to make it a little easier to see a trend. The downside - might be more confusing to readers and it will create some time “lag” in the system (with older months dragging down or raising the value of the overall average).
Just a thought!! Keep up the good work.
2 John L. Wake - Realtor // Jul 21, 2007 at 4:01 pm
Good thought.
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