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


Homes - Phoenix area sale prices
Existing single family homes
  Median
Sale Price
2003
Median
Sale Price
2004
Dollar
Increase
Percent
Increase
Northeast
Scottsdale, North $365,000 $435,000 $70,000 19%
Scottsdale, South $169,000 $189,900 $20,900 12%
Southeast
Chandler $162,000 $186,000 $24,000 15%
Gilbert $174,500 $205,000 $30,500 17%
Mesa $141,000 $158,000 $17,000 12%
Tempe $166,925 $182,000 $15,075 9%
Central
Phoenix $126,000 $139,500 $13,500 11%
Northwest
El Mirage $118,000 $134,900 $16,900 14%
Glendale $142,000 $158,900 $16,900 12%
Sun City $118,000 $136,925 $18,925 16%
Sun City West $144,500 $165,000 $20,500 14%
Surprise $140,000 $164,900 $24,900 18%
Southwest
Avondale $148,800 $163,000 $14,200 10%
Goodyear $163,500 $183,000 $19,500 12%

Condos - Phoenix Area Sale Prices
Existing condos, townhouses and patio homes
  Median
Sale Price
2003
Median
Sale Price
2004
Dollar
Increase
Percent
Increase
Northeast
Scottsdale $142,500 $175,000 $32,500 23%
Southeast
Chandler $104,995 $113,460 $8,465 8%
Gilbert $118,000 $129,900 $11,900 10%
Mesa $92,500 $99,900 $7,400 8%
Tempe $107,650 $117,000 $9,350 9%
Central
Phoenix $91,000 $99,500 $110,000 9%
Northwest
Glendale $77,365 $84,420 $7,055 9%
Sun City $79,000 $87,000 $8,000 10%
Sun City West $104,950 $120,000 $15,050 14%

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.


Archive of Arizona Real Estate Reports

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Arizona home prices - Table - Updated June 9, 2006


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