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Friday, October 2, 2009

Phoenix Metro Area Affordability Index for 2009

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Below you will find a list of the 12 major cities and 17 secondary cities in the Greater Phoenix Metropolitan area.  

 

The chart below offers a 1 year snapshot (Sept 2008 – Sept 2009) of affordability using price per square foot as indicator.  Also included is the price per square foot from the year prior along with a percentage breakdown of change from 2008 to 2009.

 

Lowest percentage of 1 year decreases are in Sun City West, Sun Lakes and Wickenburg), while the highest percentage of decreases troubled Tonopah, Phoenix and New River.  The average rate of decrease was 29.8%.

 

house logo cropped close no borderIf you have any questions regarding where to live and purchase in Phoenix Metropolitan area please don’t hesitate to contact Julie@Julie-n-Tiff.com or Tiffany@Julie-n-Tiff.com

 

 

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