Arizona Real Estate Notebook

See the latest trends in actual home price appreciation – not median home prices – through June 2010 using data from Karl Guntermann of ASU.

Here’s my earlier post on Guntermann’s Phoenix home price report.

The city data in the graph below is only through June (which is the latest available using Guntermann’s statistical analysis technique). We already know, however, that Phoenix home prices overall fell in July and August. I’m anxious to see the July and August home price data for the individual cities so we can see how those price reductions were distributed within metro Phoenix.

About the Data. Carl Guntermann at ASU uses a modified Case-Shiller statistical technique to look at home price appreciation within metropolitan Phoenix. Case-Shiller only looks a home price appreciation in metropolitan Phoenix as a whole. I (John Wake) created the graph above based on Dr. Guntermann’s data.