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Homes - Phoenix area sale prices


Resale single family homes

 

Median
Sale Price
2002

Median
Sale Price
2007
Dollar
Increase
Percent
Increase
Northeast
Scottsdale, North $325,000 $675,000 $350,000 108%
Scottsdale, South $159,900 $308,500 $148,600 93%
Southeast
Chandler $152,900 $290,000 $137,100 90%
Gilbert $164,000 $295,000 $131,000 80%
Mesa $132,500 $235,000 $102,500 77%
Tempe $157,000 $276,000 $119,000 76%
Central
Phoenix $119,500 $220,000 $100,500 84%
Northwest
El Mirage $107,990 $192,600 $84,610 78%
Glendale $135,000 $237,500 $102,500 76%
Sun City $101,575 $195,000 $93,425 92%
Sun City West $139,000 $220,000 $81,000 58%
Surprise $130,000 $237,000 $107,000 82%
Southwest
Avondale $139,000 $225,500 $86,500 62%
Goodyear $156,950 $255,500 $98,550 63%



Condos - Phoenix area sale prices


Resale condos, townhouses and patio homes

 

Median
Sale Price
2002

Median
Sale Price
2007
Dollar
Increase
Percent
Increase
Northeast
Scottsdale $135,000 $254,835 $119,835 89%
Southeast
Chandler $99,000 $170,000 $71,000 72%
Gilbert $112,000 $200,000 $88,000 79%
Mesa $87,945 $155,000 $67,055 76%
Tempe $102,000 $188,000 $86,000 84%
Central
Phoenix $85,000 $161,550 $76,550 90%
Northwest
Glendale $75,000 $140,000 $65,000 87%
Sun City $74,000 $128,875 $54,875 74%
Sun City West $91,000 $160,500 $69,500 76%
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.