Arizona Homes and Real Estate - Sale prices
Arizona homes for sale
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Arizona Home Prices
October 2003 versus October 2004

Homes - Phoenix area sale prices
Existing single family homes
  Median
Sale Price October 2003
Median
Sale Price October 2003
Dollar Increase Percent Increase
Northeast
Scottsdale $320,000 $412,500 $92,500 29%
Southeast
Chandler $165,000 $196,450 $31,450 19%
Gilbert $176,250 $220,000 $43,750 25%
Mesa $142,000 $165,000 $23,000 16%
Tempe $170,000 $185,500 $15,500 9%
Central
Phoenix $128,000 $146,000 $18,000 14%
Northwest
El Mirage $119,000 $141,000 $22,000 18%
Glendale $140,500 $158,750 $18,250 13%
Sun City $122,750 $148,400 $25,650 21%
Sun City West $152,000 $182,000 $30,000 20%
Surprise $142,450 $178,500 $36,050 25%
Southwest
Avondale $151,500 $170,000 $18,500 12%
Goodyear $173,000 $195,500 $22,500 13%

Condos - Phoenix Area Sale Prices
Existing condos, townhouses and patio homes
  Median
Sale Price October 2003
Median
Sale Price October 2003
Dollar Increase Percent Increase
Northeast
Scottsdale $152,000 $183,000 $31,000 20%
Southeast
Chandler $103,500 $118,550 $15,050 15%
Gilbert $121,000 $125,000 $4,000 3%
Mesa $100,115 $99,500 -$615 -1%
Tempe $111,900 $122,450 $10,550 9%
Central
Phoenix $91,000 $105,900 $14,900 16%
Northwest
Glendale $82,500 $82,750 $250 0%
Sun City $82,500 $90,000 $7,500 9%
Sun City West $100,500 $118,750 $18,250 18%

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.

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


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