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West Valley Market Conditions, October 2008

West Valley single family homes, condos and townhouses sales reports for October 2008 including: Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

Single Family Homes Sales in Avondale - October, 2008

Single Family Homes Sales in Avondale – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$238,939
$160,586
$161,268
0.42%
-32.51%
Sale Price
$231,815
$164,562
$157,487
-4.3%
-32.06%
% of Asking Price
97.02%
102.48%
97.66%
-4.7%
0.66%
Price/SqFt
$117
$85
$78
-8.24%
-33.33%
DOM*
144
103
91
-11.65%
-36.81%
Total Transactions
49
209
158
-24.4%
222.45%

 

Single Family Homes Sales in El Mirage - October, 2008

Single Family Homes Sales in El Mirage – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$172,574
$116,365
$103,922
-10.69%
-39.78%
Sale Price
$170,392
$117,748
$102,798
-12.7%
-39.67%
% of Asking Price
98.74%
101.19%
98.92%
-2.24%
0.18%
Price/SqFt
$120
$70
$65
-7.14%
-45.83%
DOM*
124
83
110
32.53%
-11.29%
Total Transactions
19
87
83
-4.6%
336.84%

 

Single Family Homes Sales in Glendale - October, 2008

Single Family Homes Sales in Glendale – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$290,526
$177,813
$184,867
3.97%
-36.37%
Sale Price
$280,291
$175,271
$179,407
2.36%
-35.99%
% of Asking Price
96.48%
98.57%
97.05%
-1.54%
0.59%
Price/SqFt
$149
$97
$95
-2.06%
-36.24%
DOM*
112
106
99
-6.6%
-11.61%
Total Transactions
158
348
268
-22.99%
69.62%

 

CondosTownhouses Sales in Glendale - October, 2008

Condos/Townhouses Sales in Glendale – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$143,852
$101,889
$75,829
-25.58%
-47.29%
Sale Price
$141,385
$98,171
$89,854
-8.47%
-36.45%
% of Asking Price
98.28%
96.35%
118.5%
22.99%
20.57%
Price/SqFt
$119
$81
$76
-6.17%
-36.13%
DOM*
65
91
143
57.14%
120%
Total Transactions
21
18
24
33.33%
14.29%

 

Single Family Homes Sales in Goodyear - October, 2008

Single Family Homes Sales in Goodyear – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$304,327
$212,013
$204,802
-3.4%
-32.7%
Sale Price
$288,465
$206,374
$194,720
-5.65%
-32.5%
% of Asking Price
94.79%
97.34%
95.08%
-2.32%
0.31%
Price/SqFt
$128
$90
$91
1.11%
-28.91%
DOM*
129
113
56
-50.44%
-56.59%
Total Transactions
55
148
127
-14.19%
130.91%

 

CondosTownhouses Sales in Goodyear - October, 2008

Condos/Townhouses Sales in Goodyear – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$180,000
$150,387
$165,000
9.72%
-8.33%
Sale Price
$165,000
$127,477
$140,000
9.82%
-15.15%
% of Asking Price
91.67%
84.77%
84.85%
0.09%
-7.44%
Price/SqFt
$134
$117
$130
11.11%
-2.99%
DOM*
115
105
159
51.43%
38.26%
Total Transactions
1
1
1
0%
0%

 

Single Family Homes Sales in Laveen - October, 2008

Single Family Homes Sales in Laveen – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$273,777
$183,635
$196,571
7.04%
-28.2%
Sale Price
$261,955
$182,627
$211,657
15.9%
-19.2%
% of Asking Price
95.68%
99.45%
107.67%
8.27%
12.53%
Price/SqFt
$106
$87
$89
2.3%
-16.04%
DOM*
88
84
88
4.76%
0%
Total Transactions
37
93
65
-30.11%
75.68%

 

Single Family Homes Sales in Litchfield Park - October, 2008

Single Family Homes Sales in Litchfield Park – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$361,286
$228,298
$244,899
7.27%
-32.21%
Sale Price
$335,767
$226,195
$237,628
5.05%
-29.23%
% of Asking Price
92.94%
99.08%
97.03%
-2.07%
4.4%
Price/SqFt
$120
$95
$92
-3.16%
-23.33%
DOM*
152
98
108
10.2%
-28.95%
Total Transactions
9
46
48
4.35%
433.33%

 

Single Family Homes Sales in Peoria - October, 2008

Single Family Homes Sales in Peoria – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$291,052
$235,827
$251,288
6.56%
-13.66%
Sale Price
$279,115
$231,044
$239,955
3.86%
-14.03%
% of Asking Price
95.9%
97.97%
95.49%
-2.53%
-0.43%
Price/SqFt
$140
$112
$112
0%
-20%
DOM*
131
103
107
3.88%
-18.32%
Total Transactions
119
234
179
-23.5%
50.42%

 

CondosTownhouses Sales in Peoria - October, 2008

Condos/Townhouses Sales in Peoria – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$159,838
$172,133
$164,924
-4.19%
3.18%
Sale Price
$154,050
$166,650
$142,979
-14.2%
-7.19%
% of Asking Price
96.38%
96.81%
86.69%
-10.45%
-10.05%
Price/SqFt
$156
$123
$111
-9.76%
-28.85%
DOM*
77
154
151
-1.95%
96.1%
Total Transactions
8
6
8
33.33%
0%

 

Single Family Homes Sales in Sun City - October, 2008

Single Family Homes Sales in Sun City – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$203,566
$165,525
$170,265
2.86%
-16.36%
Sale Price
$194,508
$155,441
$161,922
4.17%
-16.75%
% of Asking Price
95.55%
93.91%
95.1%
1.27%
-0.47%
Price/SqFt
$119
$94
$94
0%
-21.01%
DOM*
107
167
141
-15.57%
31.78%
Total Transactions
49
56
65
16.07%
32.65%

 

CondosTownhouses Sales in Sun City - October, 2008

Condos/Townhouses Sales in Sun City – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$117,165
$111,747
$108,954
-2.5%
-7.01%
Sale Price
$110,180
$100,153
$93,494
-6.65%
-15.14%
% of Asking Price
94.04%
89.63%
85.81%
-4.26%
-8.75%
Price/SqFt
$96
$88
$76
-13.64%
-20.83%
DOM*
110
212
190
-10.38%
72.73%
Total Transactions
20
15
11
-26.67%
-45%

 

Single Family Homes Sales in Sun City West - October, 2008

Condos/Townhouses Sales in Sun City – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$117,165
$111,747
$108,954
-2.5%
-7.01%
Sale Price
$110,180
$100,153
$93,494
-6.65%
-15.14%
% of Asking Price
94.04%
89.63%
85.81%
-4.26%
-8.75%
Price/SqFt
$96
$88
$76
-13.64%
-20.83%
DOM*
110
212
190
-10.38%
72.73%
Total Transactions
20
15
11
-26.67%
-45%

 

CondosTownhouses Sales in Sun City West - October, 2008

Condos/Townhouses Sales in Sun City West – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$137,140
$117,133
$128,883
10.03%
-6.02%
Sale Price
$126,400
$106,083
$124,633
17.49%
-1.4%
% of Asking Price
92.17%
90.57%
96.7%
6.77%
4.91%
Price/SqFt
$120
$90
$95
5.56%
-20.83%
DOM*
208
158
22
-86.08%
-89.42%
Total Transactions
5
3
3
0%
-40%

 

Single Family Homes Sales in Surprise - October, 2008

Single Family Homes Sales in Surprise – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$266,930
$185,212
$187,740
1.36%
-29.67%
Sale Price
$255,075
$184,081
$183,538
-0.29%
-28.05%
% of Asking Price
95.56%
99.39%
97.76%
-1.64%
2.3%
Price/SqFt
$121
$85
$85
0%
-29.75%
DOM*
126
99
91
-8.08%
-27.78%
Total Transactions
134
283
274
-3.18%
104.48%

 

CondosTownhouses Sales in Surprise - October, 2008

Condos/Townhouses Sales in Surprise – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$149,900
$97,050
$107,800
11.08%
-28.09%
Sale Price
$141,433
$90,667
$100,333
10.66%
-29.06%
% of Asking Price
94.35%
93.42%
93.07%
-0.37%
-1.36%
Price/SqFt
$119
$115
$91
-20.87%
-23.53%
DOM*
53
151
117
-22.52%
120.75%
Total Transactions
3
6
3
-50%
0%

 

Single Family Homes Sales in Tolleson - October, 2008

Single Family Homes Sales in Tolleson – October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$221,503
$153,015
$139,436
-8.87%
-37.05%
Sale Price
$217,453
$166,351
$141,203
-15.12%
-35.07%
% of Asking Price
98.17%
108.72%
101.27%
-6.85%
3.16%
Price/SqFt
$113
$79
$71
-10.13%
-37.17%
DOM*
91
93
108
16.13%
18.68%
Total Transactions
32
110
72
-34.55%
125%