Arizona homes for sale online - metro Phoenix and Scottsdale

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Homes - Phoenix area sale prices

Resale single family homes

	Median Sale Price 2002	Median Sale Price 2003	Dollar Increase	Percent Increase
Northeast
Scottsdale, North	$325,000	$365,000	$40,000	12%
Scottsdale, South	$159,900	$169,000	$9,100	6%
Southeast
Chandler	$152,900	$162,000	$9,100	6%
Gilbert	$164,000	$174,500	$10,500	6%
Mesa	$132,500	$141,000	$8,500	6%
Tempe	$157,000	$166,925	$9,925	6%
Central
Phoenix	$119,500	$126,000	$6,500	5%
Northwest
El Mirage	$107,990	$118,000	$10,010	9%
Glendale	$135,000	$142,000	$7,000	5%
Sun City	$101,575	$118,000	$16,425	16%
Sun City West	$139,000	$144,500	$5,500	4%
Surprise	$130,000	$140,000	$10,000	8%
Southwest
Avondale	$139,000	$148,800	$9,800	7%
Goodyear	$156,950	$163,500	$6,550	4%

Condos - Phoenix area sale prices

Resale condos, townhouses and patio homes

	Median Sale Price 2002	Median Sale Price 2003	Dollar Increase	Percent Increase
Northeast
Scottsdale	$135,000	$142,500	$7,500	6%
Southeast
Chandler	$99,000	$104,995	$5,995	6%
Gilbert	$112,000	$118,000	$6,000	5%
Mesa	$87,945	$92,500	$4,555	5%
Tempe	$102,000	$107,650	$5,650	6%
Central
Phoenix	$85,000	$91,000	$6,000	7%
Northwest
Glendale	$75,000	$77,365	$2,365	3%
Sun City	$74,000	$79,000	$5,000	7%
Sun City West	$91,000	$104,950	$13,950	15%

Home and condo sales figures are based on data released by the Arizona Real Estate Center at the W. P. Carey School of Business, Arizona State University. We, however, may occasionally make errors when handling the ASU data and so we do not guarantee the accuracy of the data in the table above.

Be careful. Comparing sale prices from two months can be misleading. For example, April 2003 vs. April 2004 price changes can be very different compared to May 2003 vs. May 2004 price changes. You should also look at price trends over many months or quarterly or annual comparisons.

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Archive of Arizona Real Estate Reports

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Archive of Arizona Real Estate Reports