Carl Guntermann at ASU uses a modified Case-Shiller statistical technique to look at home price appreciation within metropolitan Phoenix. Case-Shiller only look a home price appreciation in metropolitan Phoenix as a whole. Click on Graph Video Comments – Click Here
All 124 zip code real estate charts available in the right-hand column have now been updated through September 2009 with the number of home sales, the median home price and the median home price per square foot. Phoenix median home prices by zip code through September 2009 Phoenix home PRICE trends – Generally flat or [...]
Dr. Karl Guntermann at ASU just updated his Repeat Sale Index through July 2009. However, for the first time since March 2007 the change in the index indicates that prices increased, if only slightly, from the previous month in all regions and most cities. The market wide increase from June to July was 2 percent [...]
(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Price (green line) The median price in metro Phoenix of single family homes sold via the MLS rose $5,500 [...]
Dr. Karl Guntermann at ASU just updated his Repeat Sale Index through May 2009. From May 2008 to May 2009 the decline for lower priced homes was 48 percent compared to an annual decline of 26 percent for higher priced homes. These statistics confirm and quantify market perceptions that prices are falling more rapidly for [...]
(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Price (green line) The median price in metro Phoenix of single family homes sold via the MLS rose $4,000 [...]
(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Price (green line) The median price in metro Phoenix of single family homes sold via the MLS fell to [...]
Dr. Karl Guntermann at ASU just updated his Repeat Sale Index through January 2009. Click graph (The graph above was created by John Wake of HomeSmart using ASU data. The graph is not included in Guntermann’s report.) As he reads the preliminary numbers, home prices could slump to $121,000 in February and $120,000 in March, [...]
Price (green line) The median single family home price in metro Phoenix of homes sold via the MLS fell to $127,900 in February 2009. The median home price in Phoenix, Arizona hasn’t been that low since January 2001. At $127,900, the median home price in metro Phoenix has fallen 52% from the peak median home [...]
Price (green line) The median single family home price in metro Phoenix fell to $145,000 in December, according to local MLS data. In June 2006, the median single family home price peaked at $264,800. That means the median home price was 83% higher at the peak than it was last month, December 2008. Sales (blue [...]
Karl Guntermann at ASU updated his Repeat Sale Index through October 2008. Click graph (The graph above was created by John Wake of HomeSmart using ASU data. The graph is not included in Guntermann’s report.) … the median declined to $160,000 in October. That puts the median house price back to the level of March [...]
After a few months absence, I’m back with Phoenix Area Home Market at a Glance. It gives you the most important information you need to know about the Phoenix area residential real estate market, all on one graph. I hadn’t published the graph since July because the Arizona Regional Multiple Listing Service (the local MLS) [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Although Phoenix residential real estate prices are falling less than during the November through April period, home prices are still careening down. I thought in recent months that prices seemed to start to stabilize but I’m really not seeing any slowdown in the rate of decline [...]
Check any of the 124 zip codes in the right-hand column and you’ll see the most up-to-date graphs available for free on Arizona home prices, home sales, inventory of homes for sale and much more. Home sales usually tapper off in August (and especially September). Nevertheless, a few zip codes in metro Phoenix had strong [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) I thought the Phoenix real estate market might be decreasing at a decreasing rate last month but prices fell more from May to June in Phoenix than from April to May so I’ll have to put that expectation on hold. Nevertheless, looking at the other cities [...]
Check any zip code listed below in the right-hand column. Although July home sales were the highest of the year in a few strong Phoenix area zip codes, home sales were down in most zip codes in July which is typical for the month. Even in zip codes with strong sales in July (relatively speaking), [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) It looks like the Arizona real estate market may be decreasing at a decreasing rate. That is, it looks like the Arizona real estate market may be starting to pull out of it’s nosedive. Phoenix homes have depreciated 31% from their peak value in June 2006 [...]
Price (green line) The median home price in metro Phoenix fell to $198,900 in June. This is the first time the MLS median home price was below $200,000 since February 2005. In June 2006, the median home price peaked at $264,800. That means the median home price was 33% higher two years ago. Sales (blue [...]
Price (green line) The median home price in metro Phoenix continued to fall to $205,000 in May despite a relatively strong number of homes sold for the month. The May 2008 median home price is exactly $50,000 less than in May 2007. That is, the median home price in metro Phoenix was 24% higher a [...]
Resale Single Family Homes Phoenix home sales by zip code (without foreclosures, however, when a bank sells a previously foreclosed home, those are included). Phoenix median home sold price by zip code Phoenix median price per square foot by zip code Also included are charts with the sold price and price per square foot of [...]
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