Annual Property Sales in Greater Phoenix
The total number of annual property sales in Greater Phoenix peaked in 2005 at 178,410 and then dropped to the low of 97,140 in 2007. In 2008 and 2009, single family and townhouse/condominium resale grew, with townhouse/condominium resale continuing to show growth in 2010, while single family resale decreased. Since 2005, single family new sales have decreased, while townhouse/condominium new sales increased in 2006 and has since declined. The total number of annual property sales in Greater Phoenix is 131,210 for 2010.