Check this amazing statistic out:
The average median price nationally was $170,600 as of the fourth quarter of 2010. In Greater Phoenix the number was $132, 300 and in Tucson it was $136,300. Not only does that make Phoenix one of the least expensive major housing markets in the country, but according to a release from the National Association of Homebuilders as of the fourth quarter 2010, 83.4% of all households in Greater Phoenix could afford the median priced house.
Source: ArizonaEconomy.com: Monday Morning Quarterback 7/7/2011
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