Phoenix Real Estate- Market Statistics August 2008
September 2nd, 2008 categories: Market Statistics, Phoenix Foreclosures, Real Estate News
Here is the latest in the Phoenix Real Estate Market. These numbers are for all housing types in Phoenix (homes, condos etc) - since it is all about Phoenix Real Estate.
Currently there are 13,452 Phoenix homes for sale, down slightly from July 2008.
The current absorption rate of Phoenix homes for sale is about 9.9 months-down slightly from July 2008.
For the month of August there were:
- New Listings: 3598
- Pending Sales: 1400
- Sold Homes: 1354
Listing Status Phoenix Real Estate Aug 2008
The average sales price of Phoenix homes continued in a negative direction, which was not unexpected with the number of Phoenix foreclosures. The average sales price fell 4.5% from July 2008.
Phoenix Real Estate-Foreclosures August 2008
The number of Phoenix homes for sale continue to see an increasing number of foreclosures. Currently there are 2698 bank owned/REO homes for sale in Phoenix, an increase of 8% from July 2008.
For more information on the Phoenix Market Conditions visit ASU Realty Studies
Hey, i just praised you on Twitter. If you don’t have a Twitter account, you should get one. Many Realtors on Twitter. Your Phoenix real estate site is the best I have seen. You really have it interesting and practical.
great info and awesome use of graphs! Gdocs?
Rob Saxe
Hi Rob, Google Docs- love them
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