July 2008 showed another decrease in average price per square foot, now standing at $133 per square foot on an average sized home of 2100 square feet, priced just below $280,000. Prices peaked in June 2006 at $186 (per square foot) and have been...
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Gilbert, Arizona
as of 8/4/2008:
The average price of a home in Gilbert in July was $270,000 which equals $120 per square foot; 33% below the peak of $180 reached in March 2006. Prices have been dropping steadily since then. However, the volume of sales for July (354) was up by...
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Mesa, Arizona
as of 8/4/2008:
The average purchase price of a single family residence purchased in July was $213,000, which equals $116 per square foot, down to early '05 prices. Average price per square foot hit a high of $169 in March 06 and has declined 31% since then. Now...
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Phoenix Metro, Arizona
as of 8/4/2008:
Tracking the average price per square foot of single family homes sold in the Phoenix metro area, we find that prices are back to early 2005 levels, that is, approximately $121 per square foot. The average price of a single family home has declined...
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Scottsdale, Arizona
as of 8/4/2008:
The first set of data is based on single family residences only. The average single family home is larger than those in most Phoenix area cities at approximately 2650 square feet. Scottsdale's average home price is second only to Paradise Valley in...
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Tempe, Arizona
as of 8/4/2008:
The average price of a home (including condos) purchased is Tempe in July was $264,700, which equals $160 per square foot, about the same as it has been for the past six months. Compared to other parts of the Phoenix metro area, Tempe's prices have...
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