Chandler has continued to see a downward trend in home prices since the latter half of 2006. 2007 finished the year off with a depreciation rate of about 12% and the first decline in homes in over 15 years. July Residential...
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Gilbert, Arizona
as of 12/4/2008:
Gilbert has seen a slow down in the housing market and sales prices decline over the last several months. There has been stiff competition from builders which is hurting the resale market as well as many foreclosures. Several builders have recently...
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Mesa, Arizona
as of 12/4/2008:
July Residential Highlights We'll I must say that I am not too sure of how accurate July's closed sales are due changing to the new FLEX MLS system as there have been a few glitches. Y-T-D pjrices are down approximately 12%. Closed sales are...
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Phoenix, Arizona
as of 12/4/2008:
The Phoenix metro area's strong seller market from 2005 has gone to a complete reversal in 2008. The large amount of supply has created a buyer's market with record inventory levels. Prices have declined approximately 14% year over year. I...
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Tempe, Arizona
as of 12/4/2008:
Tempe's housing market continue to out pace the valley averages. Due to it's location, Arizona State University, and being landlocked, Tempe continues to be a desirable city. Tempe seems to be following it's own trend, and not what the rest of the...
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