Here is the market trend for Central Phoenix, generally. For this purpose, I define that as zip codes 85001, 85002, 85003, 85004, 85005,85006, 85007, 85008, 85009, 85010, 85011, 85012, 85013, 85014, 85015, 85016, 85017, 85018. (For a zip code map of Phoenix, click here.)
In central Phoenix, you tend to see the the prices drop more slowly and return more quickly.
I can put together area-specific analysis, by request.
1) Active, Sold and New Listings Since early 2009. Notice how the “Months on Market” is starting to drop again.
2) Numeric Table of Active, Sold and New Listings.
