Fountain Hills Market Report – June 2008
Posted on July 7th, 2008 by ScottsdaleHomes.com
Fountain Hills single family homes, condos and townhouses sales reports for June 2008.
Single Family Homes Sales Report
| Average | June 2007 |
May 2008 |
June 2008 |
Monthly Change in %
|
Annual Change in %
|
|---|---|---|---|---|---|
| Asking Price | $631,459 | $824,245 | $752,531 |
-8.70%
|
19.17%
|
| Sales Price | $584,189 | $709,961 | $610,462 |
-14.01%
|
4.50%
|
| % of Asking Price | 92.51% | 86.13% | 81.12% |
-5.82%
|
-12.31%
|
| $/SQFT | $238.34 | $267.01 | $230.84 |
-13.55%
|
-3.15%
|
| Days on Market | 139 | 133 | 224 |
68.42%
|
61.15%
|
| Total Transactions | 28 | 32 | 26 |
-18.75%
|
-7.14%
|
Condos and Townhouses Sales Report
| Average | June 2007 |
May 2008 |
June 2008 |
Monthly Change in %
|
Annual Change in %
|
|---|---|---|---|---|---|
| Asking Price | $388,118 | $258,868 | $249,671 |
-3.55%
|
-35.67%
|
| Sales Price | $364,436 | $238,974 | $219,462 |
-8.16%
|
-39.78%
|
| % of Asking Price | 93.90% | 92.32% | 87.90% |
-4.78%
|
-6.39%
|
| $/SQFT | $218.44 | $167.92 | $173.27 |
3.19%
|
-20.68%
|
| Days on Market | 100 | 84 | 127 |
51.19%
|
27.00%
|
| Total Transactions | 12 | 39 | 21 |
-46.15%
|
75.00%
|
All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 7-07-2008.