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West Valley Market Conditions, May 2012

Single Family Homes Sales Trends in Avondale, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$96,957
$122,462
$124,661
1.8%
28.57%
Sale Price
$95,866
$122,783
$125,040
1.84%
30.43%
% of Asking Price
98.87%
100.26%
100.3%
0.04%
1.45%
Price/SqFt
$50
$62
$62
0%
24%
DOM*
100
60
56
-6.67%
-44%
Total Transactions
201
124
128
3.23%
-36.32%

 

Single Family Homes Sales Trends in El Mirage, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$69,219
$93,856
$94,264
0.43%
36.18%
Sale Price
$69,131
$92,345
$96,520
4.52%
39.62%
% of Asking Price
99.87%
98.39%
102.39%
4.07%
2.52%
Price/SqFt
$43
$52
$56
7.69%
30.23%
DOM*
91
73
69
-5.48%
-24.18%
Total Transactions
90
44
58
31.82%
-35.56%

 

Single Family Homes Sales Trends in Glendale, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$118,709
$137,919
$144,102
4.48%
21.39%
Sale Price
$116,302
$137,433
$143,283
4.26%
23.2%
% of Asking Price
97.97%
99.65%
99.43%
-0.22%
1.49%
Price/SqFt
$64
$73
$75
2.74%
17.19%
DOM*
95
76
63
-17.11%
-33.68%
Total Transactions
509
370
375
1.35%
-26.33%

 

Condos/Townhouses Sales Trends in Glendale, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$38,602
$49,021
$42,441
-13.42%
9.95%
Sale Price
$38,121
$49,973
$42,839
-14.27%
12.38%
% of Asking Price
98.75%
101.94%
100.94%
-0.98%
2.22%
Price/SqFt
$32
$43
$38
-11.63%
18.75%
DOM*
80
50
50
0%
-37.5%
Total Transactions
53
42
32
-23.81%
-39.62%

 

Single Family Homes Sales Trends in Goodyear, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$156,160
$187,973
$184,956
-1.6%
18.44%
Sale Price
$153,310
$196,131
$183,545
-6.42%
19.72%
% of Asking Price
98.18%
104.34%
99.24%
-4.89%
1.08%
Price/SqFt
$71
$88
$82
-6.82%
15.49%
DOM*
91
98
88
-10.2%
-3.3%
Total Transactions
210
170
191
12.35%
-9.05%

 

Single Family Homes Sales Trends in Laveen, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$112,913
$129,632
$130,682
0.81%
15.74%
Sale Price
$110,667
$129,513
$131,254
1.34%
18.6%
% of Asking Price
98.01%
99.91%
100.44%
0.53%
2.48%
Price/SqFt
$50
$56
$62
10.71%
24%
DOM*
107
59
73
23.73%
-31.78%
Total Transactions
185
106
90
-15.09%
-51.35%

 

Single Family Homes Sales Trends in Litchfield Park, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$195,727
$194,399
$209,888
7.97%
7.24%
Sale Price
$191,961
$193,753
$211,206
9.01%
10.03%
% of Asking Price
98.08%
99.67%
100.63%
0.96%
2.6%
Price/SqFt
$76
$76
$83
9.21%
9.21%
DOM*
130
85
88
3.53%
-32.31%
Total Transactions
62
38
60
57.89%
-3.23%

 

Single Family Homes Sales Trends in Peoria, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$170,909
$187,923
$201,789
7.38%
18.07%
Sale Price
$166,859
$183,691
$199,054
8.36%
19.3%
% of Asking Price
97.63%
97.75%
98.64%
0.91%
1.03%
Price/SqFt
$79
$87
$92
5.75%
16.46%
DOM*
110
77
78
1.3%
-29.09%
Total Transactions
366
315
317
0.63%
-13.39%

 

Condos/Townhouses Sales Trends in Peoria, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$81,807
$86,062
$89,134
3.57%
8.96%
Sale Price
$79,671
$81,515
$87,914
7.85%
10.35%
% of Asking Price
97.39%
94.72%
98.63%
4.13%
1.27%
Price/SqFt
$62
$66
$77
16.67%
24.19%
DOM*
130
81
64
-20.99%
-50.77%
Total Transactions
17
13
15
15.38%
-11.76%

 

Single Family Homes Sales Trends in Sun City, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$123,375
$116,439
$112,779
-3.14%
-8.59%
Sale Price
$117,918
$112,072
$108,477
-3.21%
-8.01%
% of Asking Price
95.58%
96.25%
96.18%
-0.07%
0.63%
Price/SqFt
$66
$68
$67
-1.47%
1.52%
DOM*
118
95
93
-2.11%
-21.19%
Total Transactions
101
147
113
-23.13%
11.88%

 

Condos/Townhouses Sales Trends in Sun City, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$54,185
$57,354
$53,988
-5.87%
-0.36%
Sale Price
$48,070
$54,040
$49,904
-7.65%
3.82%
% of Asking Price
88.71%
94.22%
92.44%
-1.89%
4.2%
Price/SqFt
$46
$44
$44
0%
-4.35%
DOM*
143
139
146
5.04%
2.1%
Total Transactions
20
42
34
-19.05%
70%

 

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

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$191,866
$180,828
$175,445
-2.98%
-8.56%
Sale Price
$181,728
$172,684
$167,820
-2.82%
-7.65%
% of Asking Price
94.72%
95.5%
95.65%
0.16%
0.98%
Price/SqFt
$98
$97
$93
-4.12%
-5.1%
DOM*
124
97
137
41.24%
10.48%
Total Transactions
87
125
136
8.8%
56.32%

 

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

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$88,625
$90,936
$83,727
-7.93%
-5.53%
Sale Price
$85,650
$87,600
$80,345
-8.28%
-6.19%
% of Asking Price
96.64%
96.33%
95.96%
-0.38%
-0.7%
Price/SqFt
$71
$67
$65
-2.99%
-8.45%
DOM*
109
147
57
-61.22%
-47.71%
Total Transactions
6
14
11
-21.43%
83.33%

 

Single Family Homes Sales Trends in Surprise, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$138,900
$165,134
$158,758
-3.86%
14.3%
Sale Price
$135,221
$162,557
$156,798
-3.54%
15.96%
% of Asking Price
97.35%
98.44%
98.77%
0.34%
1.46%
Price/SqFt
$65
$78
$79
1.28%
21.54%
DOM*
96
82
78
-4.88%
-18.75%
Total Transactions
369
342
289
-15.5%
-21.68%

 

Condos/Townhouses Sales Trends in Surprise, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$90,554
$95,678
$93,659
-2.11%
3.43%
Sale Price
$87,446
$89,762
$91,193
1.59%
4.28%
% of Asking Price
96.57%
93.82%
97.37%
3.78%
0.83%
Price/SqFt
$80
$93
$85
-8.6%
6.25%
DOM*
185
231
304
31.6%
64.32%
Total Transactions
11
9
14
55.56%
27.27%

 

Single Family Homes Sales Trends in Tolleson, May 2012

  May 2011 April 2012 May 2012 Monthly Change in % Annual Change in %
Asking Price
$85,169
$101,863
$101,703
-0.16%
19.41%
Sale Price
$84,282
$100,879
$102,798
1.9%
21.97%
% of Asking Price
98.96%
99.03%
101.08%
2.07%
2.14%
Price/SqFt
$44
$50
$55
10%
25%
DOM*
106
76
72
-5.26%
-32.08%
Total Transactions
109
57
89
56.14%
-18.35%