These are some great stats provided by Fletcher Wilcox at Grand Canyon Title. Here's the recap:

• The number of sales dipped below 8,000 to 7915. June was the best month for sales this year with 9,350 sales.

• There are 25,000 more sales for the first nine months of 2009 then 2008.

• The home sales median price was $130,000 up from $126,000 in August.

• The home sales mean price was $175,000 up from $170,000 in August.

• The number of lender-owned sales went down while the number of short sales stayed about the same.

• 66% of sales were either a lender-owned sale or short sale.

• As the price range goes up the estimated number of months of supply goes up for most categories.

• Single family detached properties were purchased the following ways: 33% FHA, 32% cash, 29% conventional, 4% VA.

Yours to Count On,
Erika Madsen
Real Estate Consultant
Re/Max Power Realty
"Your Advisory Team" Founder/Manager
480-695-6572

p.s. if you or anyone you know is considering a move in the current real estate market- you deserve an agent who has a strong knowledge to help you succeed! Visit http://www.PhoenixAreaMls.com/ to learn more about Your Advisory Team!!