The median sales price for homes in Phoenix AZ for Aug 09 to Oct 09 was $99,000. This represents an increase of 5.4%, or $5,058, compared to the prior quarter and a decrease of 32% compared to the prior year. Sales prices have depreciated 35.1% over the last 5 years in Phoenix.
The average listing price for Phoenix homes for sale on Trulia was $277,548 for the week ending Nov 25, which represents a decline of 1%, or $2,894, compared to the prior week and a decline of 2.1%, or $5,965, compared to the week ending Nov 04. Average price per square foot for Phoenix AZ was $567, an increase of 401.8% compared to the same period last year. Popular neighborhoods in Phoenix include Camelback East, Paradise Valley, Deer Valley, North Mountain, South Mountain, and Maryvale.