you want to know whats going on (this includes Scottsdale, Phoenix, Paradise Valley, Glendale, Tempe, Fountain Hills, Mesa, Chandler, Gilbert, Peoria, Anthem, Surprise, and a bunch of other cities you have never heard of
During the just the month of December 2008
4912 homes were sold
3452 more homes were pending (or in contract for a sale)
25% of all home sold were under $99,000?
66 homes sold for over $1 million dollars (this is so low it is unbelievable)
47323 homes were listed for sale in the MLS Average days on market for active listings is 165 days
The average price of homes listed for sale was $131K
The average price of home pending sale was $188K
The average price of homes sold was $203K 77.9% of all homes sales were sold for less than $250K (this is incredibly low)
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