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Real estate sales in Greater Phoenix in October 2011

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> Real estate sales in Greater Phoenix in October 2011 (Alberta Times) 6,464 detached houses were sold in Greater Phoenix in October, which is more than in 2007...

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Real estate sales in Greater Phoenix in October 2011 (Alberta Times) There were 6,464 single-family homes sold in Greater Phoenix in October, double the number in 2007. There were 9,654 new homes listed, down about 20% from October 2010. The median home price in Greater Phoenix fell by $500, compared with $120,000 in September. According to statistics, the market for houses worth around 100,000 yuan is quite active, and most buyers are investors. The market for homes priced over 200,000 has shrunk slightly. The average price per square foot of houses under 200,000 yuan has increased, while the price of houses between 200,000 and 400,000 yuan has been stable. Houses with prices exceeding 400,000 are expected to be in great demand. The number of affordable bank homes is also falling sharply. For more real estate information, please contact Jinxin Realty Tinna 480-287-0180 E-mail: goldtrustrealty2010@gmail.com

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