SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: FEBRUARY 2010 in Phoenix - 2.5 YEARS of sales data below will help you understand the market. For more information on how Foreclosures specifically affect these numbers, Numbers Below:For comprehensive insight into "current foreclosures for sale" and the foreclosure process -- short sales, Trustees Sales, and REO's -- copy and paste this URL into a new browser:http://www.arizonasrealestateguy.comPhoenix single family residences, patio homes, and townhomes under $1,000,000 and over 1,000 sq ft.NOTE: Strong demand for homes on the lower end of the price spectrum has created a "seller's market" for homes under $95,000 in this market. This lower end of the market is seeing homes receiving 3-10 offers each.FEBRUARY '10 - 5,925 - Homes for saleJANUARY '10 - 5,485 - Homes for sale; 1,135 sold (20.7%); 4.8 months inventory
avg. 1,740 sf - price $131,053 - on market 76 days - price per-sq ft $75DECEMBER '09 - 5,390 - Homes for sale; 1,613 sold (29.9%); 3.3 months inventory
avg. 1,755 sf - price $143,258 - on market 85 days - price per-sq ft $81NOVEMBER '09 - 5,190 Homes for sale; 1,601 sold (30.8%); 3.2 months inventory;
avg. 1,773 sf - price $148,185 - on market 81 days - price per-sq ft $84OCTOBER '09 - 5,035 Homes for sale; 1,791 sold (35.6%); 2.8 months inventory;
avg. 1,780 sf - price $142,091 - on market 84 days - price per-sq ft $80SEPTEMBER '09 - 5,720 Homes for sale; 1,746 sold (30.5%); 3.3 months inventory;
avg. 1,796 sf - price $144,244 - on market 84 days - price per-sq ft $80AUGUST '09 - 5,282 Homes for sale; 1,732 sold (32.8%); 3.0 months inventory;
avg. 1,746 sf - price $136,478 - on market 86 days - price per-sq ft $78JULY '09 - 5,354 Homes for sale; 2,181 sold (40.7%); 2.5 months inventory;
avg. 1,755 sf - price $133,894 - on market 104 days - price per-sq ft $76JUNE '09 - 5,826 Homes for sale; 2,313 sold (39.7%); 2.5 months inventory;
avg. 1,737 sf - price $133,197 - on market 109 days - price per-sq ft $77MAY '09 - 7,035 Homes for sale; 2,212 sold (31.4%); 3.2 months inventory;
avg. 1,701 sf - price $121,169 - on market 117 days - price per-sq ft $71APRIL '09 - 8,466 Homes for sale; 2,145 sold (25.3%); 3.9 months inventory;
avg. 1,633 sf - price $112,882 - on market 117 days - price per-sq ft $68MARCH '09 - 9,233 Homes for sale; 1,867 sold (20.2%); 4.9 months inventory;
avg. 1,653 sf - price $109,799 - on market 127 days - price per-sq ft $66FEBRUARY '09 - 9,810 Homes for sale; 1,362 sold (13.9%); 7.2 months inventory;
avg. 1,682 sf - price $118,404 - on market 120 days - price per-sq ft $70JANUARY '09 - 10,491 Homes for sale; 1,235 sold (11.8%); 8.5 months inventory
avg. 1,695 sf - price $126,667 - on market 117 days - price per-sq ft $75DECEMBER '08 - 11,071 Homes for sale; 1,265 sold (11.4%); 8.8 months inventory
avg. 1,727 sf - price $142,274 - on market 102 days - price per-sq ft $82NOVEMBER '08 - 13,927 Homes for sale; 897 sold (6.4%); 15.5 months inventory
avg. 1,770 sf - price $162,485 - on market 111 days - price per-sq ft $92OCTOBER '08 - 10,600 Homes for sale; 1,117 sold (10.5%); 9.5 months inventory
avg. 1,747 sf - price $174,726 - on market 97 days - price per-sq ft $100SEPTEMBER '08 - 10,431 Homes for sale; 1,275 sold (12.2%); 8.2 months inventory
avg. 1,788 sf - price $189,990 - on market 101 days - price per-sq ft $106AUGUST '08 - 10,405 Homes for sale; 1,137 sold (10.9); 9.2 months inventory
avg. 1,828 sf - price $208,004 - on market 114 days - price per-sq ft $114JULY '08 - 10,113 Homes for sale; 1,171 sold (11.6%); 8.6 months inventory
avg. 1,817 sf - price $218,462 - on market 113 days - price per-sq ft $120JUNE '08 - 9,926 Homes for sale; 1,053 sold (10.6%); 9.4 months inventory
avg. 1,852 sf - price $234,953 - on market 124 days - price per-sq ft $127MAY '08 - 10,075 Homes for sale; 923 sold (9.2%); 10.9 months inventory
avg. 1,840 sf - price $242,834 - on market 126 days - price per-sq ft $132APRIL '08 - 10,027 Homes for sale; 865 sold (8.6%); 11.6 months inventory
avg. 1,859 sf - price $247,602 - on market 131 days - price per-sq ft $133MARCH '08 - 9,841 Homes for sale; 642 sold (6.5%); 15.3 months inventory
avg. 1,845 sf - price $257,104 - on market 121 days - price per-sq ft $139FEBRUARY '08 - 9,731 Homes for sale; 516 sold (5.3%); 18.7 months inventory
avg. 1,821 sf - price $264,388 - on market 133 days - price per-sq ft $145JANUARY '08 - 9,118 Homes for sale; 462 sold (5.1%); 19.7 months inventory
avg. 1,861 sf - price $279,749 - on market 128 days - price per-sq ft $151DECEMBER '07 - 9,958 Homes for sale; 551 sold (5.5%); 18.1 months inventory
avg. 1,861 sf - price $285,093 - on market 127 days - price per-sq ft $153NOVEMBER '07 - 10,010 Homes for sale; 559 sold (5.6%); 17.9 months inventory
avg. 1,801 sf - price $275,846 - on market 120 days - price per-sq ft $153OCTOBER '07 - 10,056 Homes for sale; 623 sold (6.2%); 16.1 months inventory
avg. 1,802 sf - price $287,921 - on market 113 days - price per-sq ft $160SEPTEMBER '07 - 9,913 Homes for sale; 640 sold (6.5%); 15.5 months inventory
avg. 1,795 sf - price $282,591 - on market 104 days - price per-sq ft $157AUGUST '07 - 9,770 Homes for sale; 818 sold (8.4%); 11.9 months inventory
avg. 1,823 sf - price $301,912 - on market 99 days - price per-sq ft $166JULY '07 - 9,462 Homes for sale; 914 sold (9.7%); 10.4 months inventory
avg. 1,763 sf - price $296,864 - on market 96 days - price per-sq ft $168JUNE '07 - 9,147 Homes for sale; 1,034 sold (11.3%); 8.9 months inventory
avg. 1,801 sf - price $310,368 - on market 94 days - price per-sq ft $172MAY '07 - 8,655 Homes for sale; 1,074 sold (12.4%); 8.1 months inventory
avg. 1,740 sf - price $298,852 - on market 91 days - price per-sq ft $172APRIL '07 - 8,031 Homes for sale; 1,095 sold (13.6%); 7.3 months inventory
avg. 1,740 sf - price $299,844 - on market 92 days - price per-sq ft $172MARCH '07 - 7,320 Homes for sale; 1,162 sold (15.9%); 6.3 months inventory
avg. 1,719 sf - price $292,275 - on market 95 days - price per-sq ft $170ASK ME HOW TO GET THE BEST DEAL ON A HOME IN THIS MARKET!
www.ArizonasRealEstateGuy.com
avg. 1,740 sf - price $131,053 - on market 76 days - price per-sq ft $75DECEMBER '09 - 5,390 - Homes for sale; 1,613 sold (29.9%); 3.3 months inventory
avg. 1,755 sf - price $143,258 - on market 85 days - price per-sq ft $81NOVEMBER '09 - 5,190 Homes for sale; 1,601 sold (30.8%); 3.2 months inventory;
avg. 1,773 sf - price $148,185 - on market 81 days - price per-sq ft $84OCTOBER '09 - 5,035 Homes for sale; 1,791 sold (35.6%); 2.8 months inventory;
avg. 1,780 sf - price $142,091 - on market 84 days - price per-sq ft $80SEPTEMBER '09 - 5,720 Homes for sale; 1,746 sold (30.5%); 3.3 months inventory;
avg. 1,796 sf - price $144,244 - on market 84 days - price per-sq ft $80AUGUST '09 - 5,282 Homes for sale; 1,732 sold (32.8%); 3.0 months inventory;
avg. 1,746 sf - price $136,478 - on market 86 days - price per-sq ft $78JULY '09 - 5,354 Homes for sale; 2,181 sold (40.7%); 2.5 months inventory;
avg. 1,755 sf - price $133,894 - on market 104 days - price per-sq ft $76JUNE '09 - 5,826 Homes for sale; 2,313 sold (39.7%); 2.5 months inventory;
avg. 1,737 sf - price $133,197 - on market 109 days - price per-sq ft $77MAY '09 - 7,035 Homes for sale; 2,212 sold (31.4%); 3.2 months inventory;
avg. 1,701 sf - price $121,169 - on market 117 days - price per-sq ft $71APRIL '09 - 8,466 Homes for sale; 2,145 sold (25.3%); 3.9 months inventory;
avg. 1,633 sf - price $112,882 - on market 117 days - price per-sq ft $68MARCH '09 - 9,233 Homes for sale; 1,867 sold (20.2%); 4.9 months inventory;
avg. 1,653 sf - price $109,799 - on market 127 days - price per-sq ft $66FEBRUARY '09 - 9,810 Homes for sale; 1,362 sold (13.9%); 7.2 months inventory;
avg. 1,682 sf - price $118,404 - on market 120 days - price per-sq ft $70JANUARY '09 - 10,491 Homes for sale; 1,235 sold (11.8%); 8.5 months inventory
avg. 1,695 sf - price $126,667 - on market 117 days - price per-sq ft $75DECEMBER '08 - 11,071 Homes for sale; 1,265 sold (11.4%); 8.8 months inventory
avg. 1,727 sf - price $142,274 - on market 102 days - price per-sq ft $82NOVEMBER '08 - 13,927 Homes for sale; 897 sold (6.4%); 15.5 months inventory
avg. 1,770 sf - price $162,485 - on market 111 days - price per-sq ft $92OCTOBER '08 - 10,600 Homes for sale; 1,117 sold (10.5%); 9.5 months inventory
avg. 1,747 sf - price $174,726 - on market 97 days - price per-sq ft $100SEPTEMBER '08 - 10,431 Homes for sale; 1,275 sold (12.2%); 8.2 months inventory
avg. 1,788 sf - price $189,990 - on market 101 days - price per-sq ft $106AUGUST '08 - 10,405 Homes for sale; 1,137 sold (10.9); 9.2 months inventory
avg. 1,828 sf - price $208,004 - on market 114 days - price per-sq ft $114JULY '08 - 10,113 Homes for sale; 1,171 sold (11.6%); 8.6 months inventory
avg. 1,817 sf - price $218,462 - on market 113 days - price per-sq ft $120JUNE '08 - 9,926 Homes for sale; 1,053 sold (10.6%); 9.4 months inventory
avg. 1,852 sf - price $234,953 - on market 124 days - price per-sq ft $127MAY '08 - 10,075 Homes for sale; 923 sold (9.2%); 10.9 months inventory
avg. 1,840 sf - price $242,834 - on market 126 days - price per-sq ft $132APRIL '08 - 10,027 Homes for sale; 865 sold (8.6%); 11.6 months inventory
avg. 1,859 sf - price $247,602 - on market 131 days - price per-sq ft $133MARCH '08 - 9,841 Homes for sale; 642 sold (6.5%); 15.3 months inventory
avg. 1,845 sf - price $257,104 - on market 121 days - price per-sq ft $139FEBRUARY '08 - 9,731 Homes for sale; 516 sold (5.3%); 18.7 months inventory
avg. 1,821 sf - price $264,388 - on market 133 days - price per-sq ft $145JANUARY '08 - 9,118 Homes for sale; 462 sold (5.1%); 19.7 months inventory
avg. 1,861 sf - price $279,749 - on market 128 days - price per-sq ft $151DECEMBER '07 - 9,958 Homes for sale; 551 sold (5.5%); 18.1 months inventory
avg. 1,861 sf - price $285,093 - on market 127 days - price per-sq ft $153NOVEMBER '07 - 10,010 Homes for sale; 559 sold (5.6%); 17.9 months inventory
avg. 1,801 sf - price $275,846 - on market 120 days - price per-sq ft $153OCTOBER '07 - 10,056 Homes for sale; 623 sold (6.2%); 16.1 months inventory
avg. 1,802 sf - price $287,921 - on market 113 days - price per-sq ft $160SEPTEMBER '07 - 9,913 Homes for sale; 640 sold (6.5%); 15.5 months inventory
avg. 1,795 sf - price $282,591 - on market 104 days - price per-sq ft $157AUGUST '07 - 9,770 Homes for sale; 818 sold (8.4%); 11.9 months inventory
avg. 1,823 sf - price $301,912 - on market 99 days - price per-sq ft $166JULY '07 - 9,462 Homes for sale; 914 sold (9.7%); 10.4 months inventory
avg. 1,763 sf - price $296,864 - on market 96 days - price per-sq ft $168JUNE '07 - 9,147 Homes for sale; 1,034 sold (11.3%); 8.9 months inventory
avg. 1,801 sf - price $310,368 - on market 94 days - price per-sq ft $172MAY '07 - 8,655 Homes for sale; 1,074 sold (12.4%); 8.1 months inventory
avg. 1,740 sf - price $298,852 - on market 91 days - price per-sq ft $172APRIL '07 - 8,031 Homes for sale; 1,095 sold (13.6%); 7.3 months inventory
avg. 1,740 sf - price $299,844 - on market 92 days - price per-sq ft $172MARCH '07 - 7,320 Homes for sale; 1,162 sold (15.9%); 6.3 months inventory
avg. 1,719 sf - price $292,275 - on market 95 days - price per-sq ft $170ASK ME HOW TO GET THE BEST DEAL ON A HOME IN THIS MARKET!
Michael Pittman
www.ArizonasRealEstateGuy.com
Keller Williams Sonoran Living
Realtor®
602-622-2776 Main