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West Valley Market Conditions, May 2009

West Valley single family homes, condos and townhouses sales reports for May 2009 including: Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

Single Family Homes Sales Trends in Avondale, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$211,648
$120,420
$113,825
-5.48%
-46.22%
Sale Price
$186,332
$117,135
$121,774
3.96%
-34.65%
% of Asking Price
88.04%
97.27%
106.98%
9.98%
21.51%
Price/SqFt
$94
$58
$62
6.9%
-34.04%
DOM*
125
110
115
4.55%
-8%
Total Transactions
132
229
294
28.38%
122.73%

 

Single Family Homes Sales Trends in El Mirage, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$163,309
$70,880
$71,989
1.56%
-55.92%
Sale Price
$139,083
$73,936
$71,037
-3.92%
-48.93%
% of Asking Price
85.17%
104.31%
98.68%
-5.4%
15.86%
Price/SqFt
$77
$47
$46
-2.13%
-40.26%
DOM*
97
113
105
-7.08%
8.25%
Total Transactions
49
141
116
-17.73%
136.73%

 

Single Family Homes Sales Trends in Glendale, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$248,377
$123,677
$117,784
-4.77%
-52.58%
Sale Price
$219,937
$118,727
$115,045
-3.1%
-47.69%
% of Asking Price
88.55%
96%
97.67%
1.74%
10.3%
Price/SqFt
$114
$67
$66
-1.49%
-42.11%
DOM*
125
115
117
1.74%
-6.4%
Total Transactions
257
460
530
15.22%
106.23%

 

Condos/Townhouses Sales Trends in Glendale, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$150,450
$38,638
$49,912
29.18%
-66.83%
Sale Price
$117,917
$35,115
$45,185
28.68%
-61.68%
% of Asking Price
78.38%
90.88%
90.53%
-0.39%
15.5%
Price/SqFt
$86
$33
$36
9.09%
-58.14%
DOM*
210
86
132
53.49%
-37.14%
Total Transactions
6
27
41
51.85%
583.33%

 

Single Family Homes Sales Trends in Goodyear, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$284,255
$160,501
$166,000
3.43%
-41.6%
Sale Price
$239,683
$153,449
$161,598
5.31%
-32.58%
% of Asking Price
84.32%
95.61%
97.35%
1.82%
15.45%
Price/SqFt
$109
$69
$75
8.7%
-31.19%
DOM*
135
119
109
-8.4%
-19.26%
Total Transactions
136
186
212
13.98%
55.88%

 

Single Family Homes Sales Trends in Laveen, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$283,270
$134,319
$135,191
0.65%
-52.27%
Sale Price
$196,379
$132,107
$132,544
0.33%
-32.51%
% of Asking Price
69.33%
98.35%
98.04%
-0.32%
41.41%
Price/SqFt
$93
$58
$59
1.72%
-36.56%
DOM*
136
104
122
17.31%
-10.29%
Total Transactions
42
116
120
3.45%
185.71%

 

Single Family Homes Sales Trends in Litchfield Park, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$315,511
$202,262
$205,285
1.49%
-34.94%
Sale Price
$271,646
$196,368
$201,228
2.47%
-25.92%
% of Asking Price
86.1%
97.09%
98.02%
0.96%
13.84%
Price/SqFt
$108
$74
$80
8.11%
-25.93%
DOM*
143
145
111
-23.45%
-22.38%
Total Transactions
44
72
77
6.94%
75%

 

Single Family Homes Sales Trends in Peoria, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$318,100
$189,336
$194,307
2.63%
-38.92%
Sale Price
$277,866
$183,773
$193,530
5.31%
-30.35%
% of Asking Price
87.35%
97.06%
99.6%
2.62%
14.02%
Price/SqFt
$123
$87
$90
3.45%
-26.83%
DOM*
135
105
141
34.29%
4.44%
Total Transactions
223
264
330
25%
47.98%

 

Condos/Townhouses Sales Trends in Peoria, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$177,749
$128,875
$105,595
-18.06%
-40.59%
Sale Price
$158,227
$121,000
$100,260
-17.14%
-36.64%
% of Asking Price
89.02%
93.89%
94.95%
1.13%
6.66%
Price/SqFt
$128
$102
$78
-23.53%
-39.06%
DOM*
149
103
183
77.67%
22.82%
Total Transactions
11
4
10
150%
-9.09%

 

Single Family Homes Sales Trends in Sun City, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$206,481
$146,664
$158,538
8.1%
-23.22%
Sale Price
$179,929
$138,348
$171,205
23.75%
-4.85%
% of Asking Price
87.14%
94.33%
107.99%
14.48%
23.93%
Price/SqFt
$99
$81
$94
16.05%
-5.05%
DOM*
154
177
136
-23.16%
-11.69%
Total Transactions
84
91
93
2.2%
10.71%

 

Condos/Townhouses Sales Trends in Sun City, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$118,717
$85,021
$85,192
0.2%
-28.24%
Sale Price
$101,300
$78,471
$77,956
-0.66%
-23.04%
% of Asking Price
85.33%
92.3%
91.51%
-0.86%
7.24%
Price/SqFt
$83
$65
$67
3.08%
-19.28%
DOM*
117
132
219
65.91%
87.18%
Total Transactions
23
24
26
8.33%
13.04%

 

Single Family Homes Sales Trends in Sun City West, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$257,686
$211,020
$215,627
2.18%
-16.32%
Sale Price
$233,484
$197,185
$203,847
3.38%
-12.69%
% of Asking Price
90.61%
93.44%
94.54%
1.18%
4.34%
Price/SqFt
$130
$111
$112
0.9%
-13.85%
DOM*
133
162
153
-5.56%
15.04%
Total Transactions
77
78
73
-6.41%
-5.19%

 

Condos/Townhouses Sales Trends in Sun City West, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$126,829
$107,917
$93,167
-13.67%
-26.54%
Sale Price
$111,143
$100,358
$84,333
-15.97%
-24.12%
% of Asking Price
87.63%
93%
90.52%
-2.67%
3.3%
Price/SqFt
$97
$92
$84
-8.7%
-13.4%
DOM*
145
118
307
160.17%
111.72%
Total Transactions
7
12
3
-75%
-57.14%

 

Single Family Homes Sales Trends in Surprise, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$253,970
$151,108
$153,643
1.68%
-39.5%
Sale Price
$221,176
$147,406
$156,807
6.38%
-29.1%
% of Asking Price
87.09%
97.55%
102.06%
4.62%
17.19%
Price/SqFt
$103
$68
$72
5.88%
-30.1%
DOM*
126
101
111
9.9%
-11.9%
Total Transactions
261
381
415
8.92%
59%

 

Condos/Townhouses Sales Trends in Surprise, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$192,333
$123,267
$120,361
-2.36%
-37.42%
Sale Price
$134,633
$111,000
$113,492
2.25%
-15.7%
% of Asking Price
70%
90.05%
94.29%
4.71%
34.7%
Price/SqFt
$104
$118
$86
-27.12%
-17.31%
DOM*
64
145
108
-25.52%
68.75%
Total Transactions
3
3
13
333.33%
333.33%

 

Single Family Homes Sales Trends in Tolleson, May 2009

May 2008 April 2009 May 2009 Monthly Change in % Annual Change in %
Asking Price
$197,225
$92,869
$101,498
9.29%
-48.54%
Sale Price
$179,663
$93,517
$106,793
14.2%
-40.56%
% of Asking Price
91.1%
100.7%
105.22%
4.49%
15.5%
Price/SqFt
$83
$48
$55
14.58%
-33.73%
DOM*
124
113
117
3.54%
-5.65%
Total Transactions
64
112
136
21.43%
112.5%