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Homes - Phoenix area sale prices Existing single family homes |
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| Median Sale Price August 2003 |
Median Sale Price August 2004 |
Dollar Increase |
Percent Increase |
|
| Northeast | ||||
| Scottsdale | $334,000 | $376,000 | $42,000 | 13% |
| Southeast | ||||
| Chandler | $163,500 | $190,000 | $26,500 | 16% |
| Gilbert | $180,000 | $210,000 | $30,000 | 17% |
| Mesa | $147,000 | $160,000 | $13,000 | 9% |
| Tempe | $169,450 | $185,000 | $15,550 | 9% |
| Central | ||||
| Phoenix | $132,000 | $143,500 | $11,500 | 9% |
| Northwest | ||||
| El Mirage | $122,500 | $132,500 | $10,000 | 8% |
| Glendale | $147,500 | $163,810 | $16,310 | 11% |
| Sun City | $117,250 | $138,700 | $21,450 | 18% |
| Sun City West | $137,500 | $160,000 | $22,500 | 16% |
| Surprise | $141,000 | $159,950 | $18,950 | 13% |
| Southwest | ||||
| Avondale | $154,000 | $163,000 | $9,000 | 6% |
| Goodyear | $162,000 | $191,500 | $29,500 | 18% |
| Condos - Phoenix Area Sale Prices Existing condos, townhouses and patio homes |
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| Median Sale Price August 2003 |
Median |
Dollar Increase |
Percent Increase |
|
| Northeast | ||||
| Scottsdale | $142,000 | $171,640 | $29,640 | 21% |
| Southeast | ||||
| Chandler | $110,000 | $112,250 | $2,250 | 2% |
| Gilbert | $111,000 | $137,000 | $26,000 | 23% |
| Mesa | $92,250 | $96,500 | $4,250 | 5% |
| Tempe | $109,500 | $121,000 | $11,500 | 11% |
| Central | ||||
| Phoenix | $87,000 | $103,000 | $16,000 | 18% |
| Northwest | ||||
| Glendale | $79,000 | $85,600 | $6,600 | 8% |
| Sun City | $77,000 | $85,450 | $8,450 | 11% |
| Sun City West | $92,500 | $122,500 | $30,000 | 32% |
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, price changes between April 2003 and April 2004 can be very different compared to price changes between May 2003 and May 2004. You should also look at price trends over many months using quarterly and annual comparisons.
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