Tuesday, August 7, 2007

Local Maricopa housing market

MARICOPA
JULY '07 - 958 Homes for sale; 64 sold (6.7%); 15.0 months inventory
avg. 2,184 sf - price $221,052 - on market 91 days - price per-sq ft $101
JUNE '07 - 915 Homes for sale; 68 sold (7.3%); 13.5 months inventory
avg. 2,219 sf - price $232,051 - on market 82 days - price per-sq ft $105
Oops that is a 4-5 percent decline in one month...
One year ago
AUGUST '06 - 756 Homes for sale; 65 sold (8.6%); 11.6 months inventory
avg. 2,119 sf - price $253,887 - on market 71 days - price per-sq ft $120
Oops that is a 20 percent price drop in one year

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