Metro Phoenix Home Prices Year Over Year

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Metro Phoenix Home Prices Year Over Year

We’ve added a new page to our website that tracks Phoenix Home Prices Year Over Year (click the link to view it). We plan to update it on a monthly basis to give you, our readers, even more statistical information on our local Housing Market. Our pledge is to be the number 1 source for real estate information in our market.

What are Phoenix Home Prices Year Over Year (also known as YOY)? Year-over-year analysis is used by people seeking to measure whether home prices, investments, or companies are inclining or declining. As an example, a company may report gross revenues have increased for the fourth quarter on a year-over-year basis for the last three years. This means that revenues at that company in the fourth quarter of year three were higher than revenues in the fourth quarter in year two, which were higher than revenues in the fourth quarter of year one.

Two people talking about Phoenix Home Prices Year Over YearA chart showing a rise in Phoenix Home Prices Year Over Year

Phoenix Home Prices Year Over Year are now a regular part of our blog and will updated on a monthly basis. Be sure to book mark our site and return often. We strive to be the best resource for you to gauge the Phoenix Real Estate Market.

Metro Phoenix Home Prices Year Over Year

Year # Sales Total Sales $$ Average Price Average Sq Ft
Price Per-Sq Ft
2012 89,554 $17,275,413,926 $192,905 1,962 $98
2011 100,809 $15,869,131,518 $157,418 1,924 $82
2010 90,299 $16,111,940,238 $170,657 1,939 $88
2009 92,146 $15,668,606,573 $170,045 1,930 $88
2008 59,224 $14,683,796,796 $247,937 1,993 $124
2007 54,231 $18,259,639,248 $336,701 1,929 $175
2006 74,106 $24,799,409,447 $334,648 1,834 $182
2005 104,133 $31,246,600,382 $300,064 1,828 $164
2004 98,294 $21,846,602,482 $222,258 1,838 $121
2003 79,512 $15,607,240,105 $196,288 1,822 $108
2002 68,411 $12,445,067,608 $181,916 1,783 $102
2001 62,523 $10,842,261,264 $173,412 1,768 $98
2000 55,400 $9,512,909,571 $171,713 1,799 $95

Other sources: Phoenix Foreclosure Experts