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Phoenix Real Estate-Market Statistics May 2008

There are currently 10,479 active listings (single family homes) for the Phoenix Real Estate Market. For the month of May there where 2561 new listings, 1260 pending sales and 984 sales. The current absorbtion rate or inventory of homes is currently 10.6 months for single family homes in Phoenix.

The average sale price for a Phoenix home in May 2008 was $261,272, compared to an average sales price of $260,111- showing a ever so small increase, but the good news- it did not decrease.

Phoenix Real Estate-Average Sales Price May 2008

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Posted by Jamie Geiger on 06/24/2008 02:17 AM

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phoenix homes for sale, phoenix real estate

This post has been included in Arizona Information Maricopa County, AZ Information Phoenix, AZ Information

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Jamie Geiger

Gilbert, AZ

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Thompson's Realty

Office Phone: (480) 216-4849

Cell Phone: (480) 216-4849

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Phoenix Real Estate Agent serving the East Valley cities of Gilbert, Chandler, Tempe, Queen Creek, Maricopa and Scottsdale. Please visit http://www.JamieGeiger.com or http://www.QueenCreekLiving.com http://www.RealEstateCactus.com http://www.QueenCreekConnect.com/forum

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