Fountain Hills Market Report - June 2008

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.

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