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October 2007 Metro Phoenix Market Trend Report

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Real Estate Agent

October 2007 market trend data for Phoenix area cities courtesy of Fidelity National Title.  Tempe remained with the best turn-over ratio among Valley cities compared to September, with 1 home sold for every 3.1 listed, although worse than September's 2.7.  Three cities improved from September: Phoenix, Scottsdale, and Surprise.  All cities still have significantly lower turn-over than October 2006.

Ratios for October 2007 and 2006:

Tempe3.11.7
Chandler3.62.2
Gilbert3.62.3
Mesa3.82.2
Surprise4.13.5
Scottsdale4.33.2
Glendale4.92.2
Phoenix4.92.4
Fountain Hills6.53.9

Fidelity report published with permission.  Upon request I will email my original copy which is more readable.

www.RodSellsAZhomes.com

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