East Valley single family homes, condos and townhouses sales reports for May 2008 including: Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.
Apache Junction Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $248,236 | $221,280 | $233,974 |
5.74%
|
-5.75% |
| Sales Price | $231,394 | $193,548 | $209,501 |
8.24%
|
-9.46% |
| % of Asking Price | 93.22% | 87.47% | 89.54% |
2.37%
|
-3.94% |
| $/SqFt | $151.05 | $125.57 | $123.12 |
-1.95%
|
-18.49% |
| Days on Market | 143 | 110 | 116 |
5.45%
|
-18.88% |
| Total Transactions | 39 | 38 | 50 |
31.58%
|
28.21% |
Chandler Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $437,923 | $337,704 | $319,418 |
-5.41%
|
-27.06% |
| Sales Price | $398,995 | $302,430 | $287,991 |
-4.77%
|
-27.82% |
| % of Asking Price | 91.11% | 89.55% | 90.16% |
0.68%
|
-1.04% |
| $/SqFt | $184.25 | $143.50 | $136.85 |
-4.63%
|
-25.73% |
| Days on Market | 103 | 123 | 127 |
3.25%
|
23.30% |
| Total Transactions | 317 | 249 | 314 |
26.10%
|
-0.95% |
Chandler Condos and Townhouses Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $199,387 | $213,587 | $228,143 |
6.82%
|
14.42% |
| Sales Price | $188,332 | $192,345 | $212,088 |
10.26%
|
12.61% |
| % of Asking Price | 94.46% | 90.05% | 92.96% |
3.23%
|
-1.58% |
| $/SqFt | $158.63 | $143.86 | $156.89 |
9.06%
|
-1.10% |
| Days on Market | 94 | 127 | 155 |
22.05%
|
64.89% |
| Total Transactions | 38 | 30 | 23 |
-23.33%
|
-39.47% |
Gilbert Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $367,624 | $313,511 | $299,504 |
-4.47%
|
-18.53% |
| Sales Price | $344,874 | $279,668 | $269,362 |
-3.69%
|
-21.90% |
| % of Asking Price | 93.81% | 89.20% | 89.94% |
0.82%
|
-4.13% |
| $/SqFt | $162.01 | $127.61 | $125.36 |
-1.76%
|
-22.62% |
| Days on Market | 112 | 120 | 113 |
-5.83%
|
0.89% |
| Total Transactions | 305 | 282 | 350 |
24.11%
|
14.75% |
Gilbert Condos and Townhouses Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $204,800 | $175,085 | $182,682 |
4.34%
|
-10.80% |
| Sales Price | $194,465 | $195,985 | $173,628 |
-11.41%
|
-10.72% |
| % of Asking Price | 94.95% | 111.94% | 95.04% |
-15.09%
|
0.09% |
| $/SqFt | $168.10 | $122.13 | $145.61 |
19.23%
|
-13.38% |
| Days on Market | 74 | 159 | 129 |
-18.87%
|
74.32% |
| Total Transactions | 13 | 4 | 9 |
125.00%
|
-30.77% |
Mesa Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $310,344 | $306,646 | $262,792 |
-14.30%
|
-15.32% |
| Sales Price | $286,823 | $244,133 | $238,656 |
-2.24%
|
-16.79% |
| % of Asking Price | 92.42% | 79.61% | 90.82% |
14.07%
|
-1.74% |
| $/SqFt | $157.56 | $131.60 | $127.12 |
-3.40%
|
-19.32% |
| Days on Market | 99 | 127 | 123 |
-3.15%
|
24.24% |
| Total Transactions | 488 | 363 | 414 |
14.05%
|
-15.16% |
Mesa Condos and Townhouses Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $176,879 | $168,001 | $171,064 |
1.82%
|
-3.29% |
| Sales Price | $168,255 | $152,122 | $152,597 |
0.31%
|
-9.31% |
| % of Asking Price | 95.12% | 90.55% | 89.20% |
-1.48%
|
-6.22% |
| $/SqFt | $150.41 | $125.33 | $128.51 |
2.54%
|
-14.56% |
| Days on Market | 81 | 115 | 142 |
23.48%
|
75.31% |
| Total Transactions | 92 | 59 | 61 |
3.39%
|
-33.70% |
Queen Creek Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $264,874 | $202,515 | $194,301 |
-4.06%
|
-26.64% |
| Sales Price | $244,986 | $176,526 | $166,414 |
-5.73%
|
-32.07% |
| % of Asking Price | 92.49% | 87.17% | 85.65% |
-1.74%
|
-7.40% |
| $/SqFt | $119.99 | $81.28 | $79.39 |
-2.33%
|
-33.84% |
| Days on Market | 102 | 122 | 107 |
-12.30%
|
4.90% |
| Total Transactions | 147 | 288 | 374 |
29.86%
|
154.42% |
Tempe Single Family Homes Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $407,026 | $314,515 | $297,494 |
-5.41%
|
-26.91% |
| Sales Price | $359,825 | $284,396 | $276,067 |
-2.93%
|
-23.28% |
| % of Asking Price | 88.40% | 90.42% | 92.80% |
2.63%
|
4.97% |
| $/SqFt | $186.25 | $158.94 | $155.11 |
-2.41%
|
-16.72% |
| Days on Market | 76 | 94 | 107 |
13.83%
|
40.79% |
| Total Transactions | 125 | 68 | 112 |
64.71%
|
-10.40% |
Tempe Condos and Townhouses Sales Report
| Average | May 2007 | Apr 2008 | May 2008 |
Monthly Change in %
|
Annual Change in % |
|---|---|---|---|---|---|
| Asking Price | $234,759 | $237,868 | $233,471 |
-1.85%
|
-0.55% |
| Sales Price | $219,802 | $217,340 | $208,933 |
-3.87%
|
-4.94% |
| % of Asking Price | 93.63% | 91.37% | 89.49% |
-2.06%
|
-4.42% |
| $/SqFt | $203.23 | $175.19 | $185.51 |
5.89%
|
-8.72% |
| Days on Market | 77 | 86 | 105 |
22.09%
|
36.36% |
| Total Transactions | 60 | 35 | 48 |
37.14%
|
-20.00% |
All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 6-09-2008.
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