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West Valley Market Conditions, July 2012

West Valley single family homes, condos and townhouses sales reports for July 2012 including:Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

Chart

Single Family Homes Sales Trends in Avondale, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$96,750
$117,032
$127,640
9.06%
31.93%
Sale Price
$95,778
$116,529
$128,824
10.55%
34.5%
% of Asking Price
99%
99.57%
100.93%
1.37%
1.95%
Price/SqFt
$50
$63
$67
6.35%
34%
DOM*
94
63
54
-14.29%
-42.55%
Total Transactions
161
135
132
-2.22%
-18.01%

Chart

Single Family Homes Sales Trends in El Mirage, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$70,748
$82,962
$87,081
4.97%
23.09%
Sale Price
$69,973
$84,432
$89,160
5.6%
27.42%
% of Asking Price
98.91%
101.77%
102.39%
0.61%
3.52%
Price/SqFt
$44
$55
$56
1.82%
27.27%
DOM*
80
58
60
3.45%
-25%
Total Transactions
85
61
60
-1.64%
-29.41%

Chart

Single Family Homes Sales Trends in Glendale, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$121,834
$150,337
$166,191
10.55%
36.41%
Sale Price
$119,299
$149,204
$164,050
9.95%
37.51%
% of Asking Price
97.92%
99.25%
98.71%
-0.54%
0.81%
Price/SqFt
$64
$77
$82
6.49%
28.13%
DOM*
82
54
60
11.11%
-26.83%
Total Transactions
478
395
372
-5.82%
-22.18%

Chart

Condos/Townhouses Sales Trends in Glendale, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$34,623
$47,170
$45,850
-2.8%
32.43%
Sale Price
$34,715
$48,973
$47,420
-3.17%
36.6%
% of Asking Price
100.27%
103.82%
103.42%
-0.39%
3.14%
Price/SqFt
$32
$45
$47
4.44%
46.88%
DOM*
50
31
41
32.26%
-18%
Total Transactions
40
42
30
-28.57%
-25%

Chart

Single Family Homes Sales Trends in Goodyear, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$160,890
$197,546
$202,347
2.43%
25.77%
Sale Price
$156,610
$195,053
$200,921
3.01%
28.29%
% of Asking Price
97.34%
98.74%
99.3%
0.57%
2.01%
Price/SqFt
$72
$84
$85
1.19%
18.06%
DOM*
114
91
90
-1.1%
-21.05%
Total Transactions
200
162
156
-3.7%
-22%

Chart

Single Family Homes Sales Trends in Laveen, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$114,776
$140,833
$126,675
-10.05%
10.37%
Sale Price
$112,212
$141,623
$128,062
-9.57%
14.13%
% of Asking Price
97.77%
100.56%
101.1%
0.54%
3.41%
Price/SqFt
$51
$63
$57
-9.52%
11.76%
DOM*
101
69
69
0%
-31.68%
Total Transactions
152
94
63
-32.98%
-58.55%

Chart

Single Family Homes Sales Trends in Litchfield Park, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$209,759
$213,679
$221,792
3.8%
5.74%
Sale Price
$207,694
$212,325
$218,661
2.98%
5.28%
% of Asking Price
99.02%
99.37%
98.59%
-0.78%
-0.43%
Price/SqFt
$77
$81
$81
0%
5.19%
DOM*
81
81
55
-32.1%
-32.1%
Total Transactions
67
62
60
-3.23%
-10.45%

Chart

Single Family Homes Sales Trends in Peoria, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$160,013
$205,944
$204,401
-0.75%
27.74%
Sale Price
$156,869
$202,829
$203,478
0.32%
29.71%
% of Asking Price
98.04%
98.49%
99.55%
1.08%
1.54%
Price/SqFt
$77
$93
$95
2.15%
23.38%
DOM*
99
79
65
-17.72%
-34.34%
Total Transactions
379
328
274
-16.46%
-27.7%

Chart

Condos/Townhouses Sales Trends in Peoria, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$79,274
$94,403
$69,544
-26.33%
-12.27%
Sale Price
$75,797
$93,936
$73,235
-22.04%
-3.38%
% of Asking Price
95.61%
99.51%
105.31%
5.83%
10.15%
Price/SqFt
$56
$72
$62
-13.89%
10.71%
DOM*
55
91
48
-47.25%
-12.73%
Total Transactions
23
18
21
16.67%
-8.7%

Chart

Single Family Homes Sales Trends in Sun City, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$124,682
$116,002
$120,031
3.47%
-3.73%
Sale Price
$119,375
$112,094
$115,703
3.22%
-3.08%
% of Asking Price
95.74%
96.63%
96.39%
-0.25%
0.68%
Price/SqFt
$66
$67
$69
2.99%
4.55%
DOM*
130
92
103
11.96%
-20.77%
Total Transactions
63
120
67
-44.17%
6.35%

Chart

Condos/Townhouses Sales Trends in Sun City, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$47,369
$64,400
$51,049
-20.73%
7.77%
Sale Price
$44,352
$59,611
$49,477
-17%
11.55%
% of Asking Price
93.63%
92.56%
96.92%
4.71%
3.51%
Price/SqFt
$40
$48
$43
-10.42%
7.5%
DOM*
121
125
139
11.2%
14.88%
Total Transactions
21
27
41
51.85%
95.24%

Chart

Single Family Homes Sales Trends in Sun City West, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$179,307
$174,892
$170,609
-2.45%
-4.85%
Sale Price
$169,189
$167,791
$165,729
-1.23%
-2.04%
% of Asking Price
94.36%
95.94%
97.14%
1.25%
2.95%
Price/SqFt
$88
$94
$93
-1.06%
5.68%
DOM*
155
103
99
-3.88%
-36.13%
Total Transactions
45
115
55
-52.17%
22.22%

Chart

Condos/Townhouses Sales Trends in Sun City West, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$80,414
$86,060
$72,188
-16.12%
-10.23%
Sale Price
$74,886
$82,280
$71,075
-13.62%
-5.09%
% of Asking Price
93.12%
95.61%
98.46%
2.98%
5.73%
Price/SqFt
$71
$71
$64
-9.86%
-9.86%
DOM*
124
120
113
-5.83%
-8.87%
Total Transactions
7
5
8
60%
14.29%

Chart

Single Family Homes Sales Trends in Surprise, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$128,468
$158,758
$167,463
5.48%
30.35%
Sale Price
$129,962
$157,482
$167,452
6.33%
28.85%
% of Asking Price
101.16%
99.2%
99.99%
0.8%
-1.16%
Price/SqFt
$63
$77
$79
2.6%
25.4%
DOM*
85
74
60
-18.92%
-29.41%
Total Transactions
314
307
264
-14.01%
-15.92%

Chart

Condos/Townhouses Sales Trends in Surprise, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$98,219
$63,338
$85,030
34.25%
-13.43%
Sale Price
$94,540
$62,775
$84,770
35.04%
-10.33%
% of Asking Price
96.25%
99.11%
99.69%
0.59%
3.57%
Price/SqFt
$80
$72
$77
6.94%
-3.75%
DOM*
183
145
171
17.93%
-6.56%
Total Transactions
10
12
10
-16.67%
0%

Chart

Single Family Homes Sales Trends in Tolleson, July 2012

  July 2011 June 2012 July 2012 Monthly Change in % Annual Change in %
Asking Price
$86,846
$104,806
$100,592
-4.02%
15.83%
Sale Price
$86,228
$104,378
$102,873
-1.44%
19.3%
% of Asking Price
99.29%
99.59%
102.27%
2.69%
3%
Price/SqFt
$44
$54
$55
1.85%
25%
DOM*
111
73
63
-13.7%
-43.24%
Total Transactions
115
75
68
-9.33%
-40.87%