Fountain Hills Market Report – May 2008
Posted on June 10th, 2008 by ScottsdaleHomes.com
Fountain Hills single family homes, condos and townhouses sales reports for May 2008.
Single Family Homes Sales Report
| Average | May 2007 |
Apr 2008 |
May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $692,319 | $769,301 | $824,245 |
7.14%
|
19.06% |
| Sales Price | $647,158 | $690,078 | $709,961 |
2.88%
|
9.70% |
| % of Asking Price | 93.48% | 89.70% | 86.13% |
-3.98%
|
-7.85% |
| $/SQFT | $267.24 | $244.19 | $267.01 |
9.35%
|
-0.09% |
| Days on Market | 136 | 155 | 133 |
-14.19%
|
-2.21% |
| Total Transactions | 49 | 32 | 32 |
0.00%
|
-34.69% |
Condos and Townhouses Sales Report
| Average | May 2007 |
Apr 2008 |
May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $340,339 | $310,190 | $258,868 |
-16.55%
|
-23.94% |
| Sales Price | $319,468 | $272,736 | $238,974 |
-12.38%
|
-25.20% |
| % of Asking Price | 93.87% | 87.93% | 92.32% |
4.99%
|
-1.65% |
| $/SQFT | $221.12 | $187.96 | $167.92 |
-10.66%
|
-24.06% |
| Days on Market | 152 | 120 | 84 |
-30.00%
|
-44.74% |
| Total Transactions | 35 | 21 | 39 |
85.71%
|
11.43% |
All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 6-09-2008.
Comments
2 Responses to “Fountain Hills Market Report – May 2008”
Nice job with your market report. I provide a really detailed report myself for consumers out in Metrowest Massachusetts. I find that these are one of the most read blog posts.
Thanks Bill! We just starting doing these this year, for all of our markets, and they do get a lot of traffic.