East Valley single family homes, condos and townhouses sales reports for August 2009 including: Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.

Single Family Homes Sales Trends in Apache Junction, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$151,767	$127,165	$105,138	-17.32%	-30.72%
Sale Price	$145,427	$123,490	$103,508	-16.18%	-28.82%
% of Asking Price	95.82%	97.11%	98.45%	1.38%	2.74%
Price/SqFt	$94	$72	$69	-4.17%	-26.6%
DOM*	115	126	96	-23.81%	-16.52%
Total Transactions	47	65	71	9.23%	51.06%

 

Single Family Homes Sales Trends in Chandler, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$302,604	$225,197	$229,115	1.74%	-24.29%
Sale Price	$293,495	$220,817	$223,672	1.29%	-23.79%
% of Asking Price	96.99%	98.05%	97.62%	-0.44%	0.65%
Price/SqFt	$132	$104	$105	0.96%	-20.45%
DOM*	98	109	93	-14.68%	-5.1%
Total Transactions	300	368	341	-7.34%	13.67%

 

Condos/Townhouses Sales Trends in Chandler, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$167,298	$121,342	$113,397	-6.55%	-32.22%
Sale Price	$163,159	$116,110	$125,815	8.36%	-22.89%
% of Asking Price	97.53%	95.69%	110.95%	15.95%	13.76%
Price/SqFt	$134	$93	$100	7.53%	-25.37%
DOM*	148	148	105	-29.05%	-29.05%
Total Transactions	25	41	46	12.2%	84%

 

Single Family Homes Sales Trends in Gilbert, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$273,199	$235,874	$225,463	-4.41%	-17.47%
Sale Price	$265,849	$230,414	$222,736	-3.33%	-16.22%
% of Asking Price	97.31%	97.69%	98.79%	1.13%	1.52%
Price/SqFt	$117	$98	$97	-1.02%	-17.09%
DOM*	115	104	98	-5.77%	-14.78%
Total Transactions	356	433	419	-3.23%	17.7%

 

Condos/Townhouses Sales Trends in Gilbert, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$192,502	$133,711	$117,967	-11.77%	-38.72%
Sale Price	$189,160	$131,732	$117,620	-10.71%	-37.82%
% of Asking Price	98.26%	98.52%	99.71%	1.21%	1.48%
Price/SqFt	$150	$100	$93	-7%	-38%
DOM*	61	147	104	-29.25%	70.49%
Total Transactions	8	17	28	64.71%	250%

 

Single Family Homes Sales Trends in Mesa, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$208,637	$155,668	$159,454	2.43%	-23.57%
Sale Price	$204,057	$152,612	$156,241	2.38%	-23.43%
% of Asking Price	97.8%	98.04%	97.98%	-0.06%	0.18%
Price/SqFt	$113	$85	$86	1.18%	-23.89%
DOM*	96	108	103	-4.63%	7.29%
Total Transactions	427	694	562	-19.02%	31.62%

 

Condos/Townhouses Sales Trends in Mesa, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$124,628	$91,327	$94,864	3.87%	-23.88%
Sale Price	$119,546	$87,095	$90,946	4.42%	-23.92%
% of Asking Price	95.92%	95.37%	95.87%	0.52%	-0.05%
Price/SqFt	$108	$75	$79	5.33%	-26.85%
DOM*	122	108	101	-6.48%	-17.21%
Total Transactions	60	81	89	9.88%	48.33%

 

Single Family Homes Sales Trends in Queen Creek, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$171,471	$134,499	$135,498	0.74%	-20.98%
Sale Price	$168,978	$135,836	$136,774	0.69%	-19.06%
% of Asking Price	98.55%	100.99%	100.94%	-0.05%	2.43%
Price/SqFt	$77	$62	$63	1.61%	-18.18%
DOM*	88	87	76	-12.64%	-13.64%
Total Transactions	379	417	399	-4.32%	5.28%

 

Single Family Homes Sales Trends in Tempe, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$263,073	$247,304	$219,597	-11.2%	-16.53%
Sale Price	$249,789	$235,533	$210,518	-10.62%	-15.72%
% of Asking Price	94.95%	95.24%	95.87%	0.66%	0.97%
Price/SqFt	$147	$126	$117	-7.14%	-20.41%
DOM*	99	107	91	-14.95%	-8.08%
Total Transactions	82	127	110	-13.39%	34.15%

 

Condos/Townhouses Sales Trends in Tempe, August 2009

	August 2008	July 2009	August 2009	Monthly Change in %	Annual Change in %
Asking Price	$209,183	$140,137	$176,015	25.6%	-15.86%
Sale Price	$200,923	$134,017	$166,212	24.02%	-17.28%
% of Asking Price	96.05%	95.63%	94.43%	-1.25%	-1.69%
Price/SqFt	$171	$112	$131	16.96%	-23.39%
DOM*	108	95	122	28.42%	12.96%
Total Transactions	42	43	42	-2.33%	0%