EXCLUSIVE – Table of ASU data created by your favorite Realtor, John L. Wake, Associate Broker, HomeSmart Real Estate.
Only Scottsdale, Chandler and Phoenix showed positive, although small, changes in their median home prices versus a year ago. However, since Phoenix and Scottsdale accounted for 35% of area home sales in July the median home price for all of Greater Phoenix year-over-year was flat going from $264,900 in July 2006 to $265,000 in July 2007.
Even though Phoenix and Scottsdale were stable, the median home price in El Mirage, Goodyear and Avondale were significantly lower than a year ago.
