Phoenix

Home Prices Down in 13 Major Markets 

Median home sales prices declined from their Q208 levels in the counties of 13 major markets across the US during Q209, according to MDA DataQuick home sales reports published on DQNews.com. Some markets, like Las Vegas, which saw a 43.1% decline in median sales price during the quarter, and Phoenix, which saw an average of nearly 30% decline, aren’t new to the double-digit price declines shown on these reports. But other areas — Washington, D.C. (2.6%) and Denver (3.32%), among others — saw more modest reductions.