Metro Phoenix School Performance Map
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Map of the Month – June 2016
A Decade of Land Dollars: Down 83%
This month we compared the total dollars invested in Metro Phoenix residential land transactions (over 10 acres and over $1 million) between the 24 months immediately preceding the start of the 2007 recession with the 24 months preceding July 2016.
As shown below, from July 2005 to June 2007 there was about $13 billion in residential land transactions in the study sub-markets. From July 2014 through June 2016, the total transaction value was a little over $2 billion; a decline of 83%. A long way from the peak!Due to the availability of raw land and size, the top submarkets in 2005 - 2007 are still top submarkets today.
To download map and chart click here: A Decade of Land Dollars: Down 83% (PDF)