Greater Phoenix September Numbers

·        The number of sales dipped below 8,000 to 7,915.  June was the best month for sales this year with 9,350 sales.   

 

·        There are 25,000 more sales for the first nine months of 2009 then 2008.

 

·        The home sales median price was $130,000 up from $126,000 in August.

 

·        The home sales mean price was $175,000 up from $170,000 in August.

 

·        The number of lender-owned sales went down while the number of short sales stayed about the same. 

 

·        66% of sales were either a lender-owned sale or short sale.

 

·        As the price range goes up the estimated number of months of supply goes up for most categories.

 

·        Single family detached properties were purchased the following ways: 33% FHA, 32% cash, 29% conventional, 4% VA.