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House Price Appreciation by State
Percent Change in House Prices
Period Ended September 30, 2006

Arizona, 16.37%

Doesn't say average or median, but pretty remarkable.

The W.P. Carey School of Business at ASU gives these figures

Greater Phoenix November 2005--2006, single family resale, median,
El Mirage...(-10%)
Sun City...(-16%)
Sun City West...(-9%)

Based on just walking out the door personally think W.P. Carey is more accurate and closer to the market. The guy who came down 70,000 in three months and pulled the house from the market is in Glendale. See that time and again here for at least six months now, but maybe the federal statistics are more accurate. I doubt it.
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