Scottsdale Home and Condo Price Update

by Dru Bloomfield on August 3, 2008

This chart pretty much says it all. As prices have decreased over the summer, single family homes homes have sold or been taken off the market.

Condo prices have been falling steadily over the past year, and inventory (number of homes available for sale) started tapering off this past spring.

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Artur | Phoenix Market Trends 08.03.08 at 6:03 pm: Looks like the median price trend line would be a good hill to ski down, FAST!
Dru Bloomfield 08.05.08 at 2:04 pm: Artur,

You are to right about what this graph looks like, so I wrote another post today to put it in more of a perspective.

http://athomeinscottsdale.com/2008/08/05/scottsdale-home-prices/

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