(See recent posts on Phoenix Case-Shiller Home Price Index.)
This is the latest Case-Shiller data for Phoenix that splits the index into price points. The different behavior of the 3 price levels in metro Phoenix is absolutely fascinating.
This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation) but the data is oldish, the most current data is through July 2011.
Tier Breakpoints (July 2011)
- Low Tier – Up to $94,859
- Middle Tier – $94,859 – $167,547
- High Tier – $167,547 and up