Arizona Homes and Real Estate - Sale prices
Arizona homes for sale
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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.

CLICK HERE to see the newest Arizona real estate price graphs. Then click "read more" to see full report with graphs.


Archive of Arizona Real Estate Reports

Phoenix real estate market at a glance - Updated May 19, 2006

Arizona home prices - Graphs - Updated June 9, 2006

Arizona home prices - Table - Updated June 9, 2006


Archive of Arizona Real Estate Reports

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