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West Valley Market Conditions, May 2011

West Valley single family homes, condos and townhouses sales reports for May 2011 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 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$112,199
$106,542
$96,957
-9%
-13.58%
Sale Price
$111,093
$104,981
$95,866
-8.68%
-13.71%
% of Asking Price
99.01%
98.53%
98.87%
0.35%
-0.14%
Price/SqFt
$59
$52
$50
-3.85%
-15.25%
DOM*
75
91
100
9.89%
33.33%
Total Transactions
182
184
201
9.24%
10.44%

 

Single Family Homes Sales Trends in El Mirage, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$80,631
$64,569
$69,219
7.2%
-14.15%
Sale Price
$81,687
$63,795
$69,131
8.36%
-15.37%
% of Asking Price
101.31%
98.8%
99.87%
1.08%
-1.42%
Price/SqFt
$51
$42
$43
2.38%
-15.69%
DOM*
66
105
91
-13.33%
37.88%
Total Transactions
105
98
90
-8.16%
-14.29%

 

Single Family Homes Sales Trends in Glendale, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$134,192
$120,287
$118,709
-1.31%
-11.54%
Sale Price
$132,374
$117,023
$116,302
-0.62%
-12.14%
% of Asking Price
98.64%
97.29%
97.97%
0.7%
-0.68%
Price/SqFt
$72
$62
$64
3.23%
-11.11%
DOM*
74
92
95
3.26%
28.38%
Total Transactions
466
447
509
13.87%
9.23%

 

Condos/Townhouses Sales Trends in Glendale, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$55,505
$45,200
$38,602
-14.6%
-30.45%
Sale Price
$56,496
$44,223
$38,121
-13.8%
-32.52%
% of Asking Price
101.79%
97.84%
98.75%
0.93%
-2.99%
Price/SqFt
$47
$38
$32
-15.79%
-31.91%
DOM*
57
75
80
6.67%
40.35%
Total Transactions
46
58
53
-8.62%
15.22%

 

Single Family Homes Sales Trends in Goodyear, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$173,994
$153,182
$156,160
1.94%
-10.25%
Sale Price
$173,351
$148,894
$153,310
2.97%
-11.56%
% of Asking Price
99.63%
97.2%
98.18%
1.01%
-1.46%
Price/SqFt
$79
$68
$71
4.41%
-10.13%
DOM*
82
120
91
-24.17%
10.98%
Total Transactions
201
189
210
11.11%
4.48%

 

Single Family Homes Sales Trends in Laveen, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$137,568
$117,163
$112,913
-3.63%
-17.92%
Sale Price
$136,860
$115,746
$110,667
-4.39%
-19.14%
% of Asking Price
99.49%
98.79%
98.01%
-0.79%
-1.49%
Price/SqFt
$61
$51
$50
-1.96%
-18.03%
DOM*
108
109
107
-1.83%
-0.93%
Total Transactions
164
133
185
39.1%
12.8%

 

Single Family Homes Sales Trends in Litchfield Park, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$194,368
$196,604
$195,727
-0.45%
0.7%
Sale Price
$190,493
$188,439
$191,961
1.87%
0.77%
% of Asking Price
98.01%
95.85%
98.08%
2.33%
0.07%
Price/SqFt
$78
$72
$76
5.56%
-2.56%
DOM*
116
115
130
13.04%
12.07%
Total Transactions
73
73
62
-15.07%
-15.07%

 

Condos/Townhouses Sales Trends in Litchfield Park, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$184,450
$65,870
$95,181
44.5%
-48.4%
Sale Price
$181,000
$63,925
$89,165
39.48%
-50.74%
% of Asking Price
98.13%
97.05%
93.68%
-3.47%
-4.53%
Price/SqFt
$110
$49
$67
36.73%
-39.09%
DOM*
16
199
90
-54.77%
462.5%
Total Transactions
2
4
6
50%
200%

 

Single Family Homes Sales Trends in Peoria, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$184,641
$165,889
$170,909
3.03%
-7.44%
Sale Price
$181,664
$159,996
$166,859
4.29%
-8.15%
% of Asking Price
98.39%
96.45%
97.63%
1.22%
-0.77%
Price/SqFt
$85
$79
$79
0%
-7.06%
DOM*
91
104
110
5.77%
20.88%
Total Transactions
308
343
366
6.71%
18.83%

 

Condos/Townhouses Sales Trends in Peoria, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$92,057
$80,804
$81,807
1.24%
-11.13%
Sale Price
$89,439
$77,861
$79,671
2.32%
-10.92%
% of Asking Price
97.16%
96.36%
97.39%
1.07%
0.24%
Price/SqFt
$72
$60
$62
3.33%
-13.89%
DOM*
106
117
130
11.11%
22.64%
Total Transactions
23
23
17
-26.09%
-26.09%

 

Single Family Homes Sales Trends in Sun City, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$132,943
$120,104
$123,375
2.72%
-7.2%
Sale Price
$127,217
$115,059
$117,918
2.48%
-7.31%
% of Asking Price
95.69%
95.8%
95.58%
-0.23%
-0.11%
Price/SqFt
$74
$67
$66
-1.49%
-10.81%
DOM*
89
101
118
16.83%
32.58%
Total Transactions
115
111
101
-9.01%
-12.17%

 

Condos/Townhouses Sales Trends in Sun City, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$75,060
$60,695
$54,185
-10.73%
-27.81%
Sale Price
$70,262
$55,481
$48,070
-13.36%
-31.58%
% of Asking Price
93.61%
91.41%
88.71%
-2.95%
-5.23%
Price/SqFt
$62
$45
$46
2.22%
-25.81%
DOM*
145
158
143
-9.49%
-1.38%
Total Transactions
26
21
20
-4.76%
-23.08%

 

Single Family Homes Sales Trends in Sun City West, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$211,396
$185,635
$191,866
3.36%
-9.24%
Sale Price
$200,372
$174,970
$181,728
3.86%
-9.3%
% of Asking Price
94.79%
94.26%
94.72%
0.49%
-0.07%
Price/SqFt
$106
$95
$98
3.16%
-7.55%
DOM*
122
124
124
0%
1.64%
Total Transactions
100
102
87
-14.71%
-13%

 

Condos/Townhouses Sales Trends in Sun City West, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$97,214
$89,000
$88,625
-0.42%
-8.84%
Sale Price
$91,843
$81,045
$85,650
5.68%
-6.74%
% of Asking Price
94.47%
91.06%
96.64%
6.13%
2.3%
Price/SqFt
$77
$64
$71
10.94%
-7.79%
DOM*
103
107
109
1.87%
5.83%
Total Transactions
7
11
6
-45.45%
-14.29%

 

Single Family Homes Sales Trends in Surprise, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$149,942
$149,876
$138,900
-7.32%
-7.36%
Sale Price
$147,635
$145,513
$135,221
-7.07%
-8.41%
% of Asking Price
98.46%
97.09%
97.35%
0.27%
-1.13%
Price/SqFt
$72
$71
$65
-8.45%
-9.72%
DOM*
95
97
96
-1.03%
1.05%
Total Transactions
390
372
369
-0.81%
-5.38%

 

Condos/Townhouses Sales Trends in Surprise, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$89,445
$92,482
$90,554
-2.09%
1.24%
Sale Price
$84,771
$85,464
$87,446
2.32%
3.16%
% of Asking Price
94.78%
92.41%
96.57%
4.5%
1.89%
Price/SqFt
$79
$81
$80
-1.23%
1.27%
DOM*
133
183
185
1.09%
39.1%
Total Transactions
14
15
11
-26.67%
-21.43%

 

Single Family Homes Sales Trends in Tolleson, May 2011

  May 2010 April 2011 May 2011 Monthly Change in % Annual Change in %
Asking Price
$101,901
$85,522
$85,169
-0.41%
-16.42%
Sale Price
$103,152
$83,998
$84,282
0.34%
-18.29%
% of Asking Price
101.23%
98.22%
98.96%
0.75%
-2.24%
Price/SqFt
$52
$44
$44
0%
-15.38%
DOM*
77
87
106
21.84%
37.66%
Total Transactions
113
112
109
-2.68%
-3.54%