11211 N Tatum Blvd Suite #130
Phoenix, AZ 85028
Phoenix, AZ 85028
602-404-9700 Fax 602-404-9701
East Valley Market Conditions, August 2010
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East Valley single family homes, condos and townhouses sales reports for August 2010 including:Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.
Single Family Homes Sales Trends in Apache Junction, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $105,138 |
$113,959 |
$100,588 |
-11.73% |
-4.33% |
| Sale Price | $103,508 |
$111,898 |
$99,727 |
-10.88% |
-3.65% |
| % of Asking Price | 98.45% |
98.19% |
99.14% |
0.97% |
0.7% |
| Price/SqFt | $69 |
$69 |
$62 |
-10.14% |
-10.14% |
| DOM* | 96 |
93 |
81 |
-12.9% |
-15.63% |
| Total Transactions | 71 |
61 |
53 |
-13.11% |
-25.35% |
Condos/Townhouses Sales Trends in Apache Junction, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $53,488 |
$39,900 |
$37,845 |
-5.15% |
-29.25% |
| Sale Price | $47,500 |
$35,000 |
$37,650 |
7.57% |
-20.74% |
| % of Asking Price | 88.81% |
87.72% |
99.48% |
13.41% |
12.01% |
| Price/SqFt | $50 |
$39 |
$42 |
7.69% |
-16% |
| DOM* | 120 |
66 |
80 |
21.21% |
-33.33% |
| Total Transactions | 4 |
2 |
4 |
100% |
0% |
Single Family Homes Sales Trends in Chandler, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $229,115 |
$225,305 |
$209,798 |
-6.88% |
-8.43% |
| Sale Price | $223,672 |
$219,149 |
$203,761 |
-7.02% |
-8.9% |
| % of Asking Price | 97.62% |
97.27% |
97.12% |
-0.15% |
-0.51% |
| Price/SqFt | $105 |
$101 |
$96 |
-4.95% |
-8.57% |
| DOM* | 93 |
100 |
94 |
-6% |
1.08% |
| Total Transactions | 341 |
335 |
353 |
5.37% |
3.52% |
Condos/Townhouses Sales Trends in Chandler, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $113,397 |
$94,070 |
$80,558 |
-14.36% |
-28.96% |
| Sale Price | $125,815 |
$91,182 |
$79,248 |
-13.09% |
-37.01% |
| % of Asking Price | 110.95% |
96.93% |
98.37% |
1.49% |
-11.34% |
| Price/SqFt | $100 |
$80 |
$69 |
-13.75% |
-31% |
| DOM* | 105 |
109 |
124 |
13.76% |
18.1% |
| Total Transactions | 46 |
43 |
39 |
-9.3% |
-15.22% |
Single Family Homes Sales Trends in Gilbert, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $225,463 |
$220,571 |
$212,153 |
-3.82% |
-5.9% |
| Sale Price | $222,736 |
$213,471 |
$206,445 |
-3.29% |
-7.31% |
| % of Asking Price | 98.79% |
96.78% |
97.31% |
0.55% |
-1.5% |
| Price/SqFt | $97 |
$92 |
$90 |
-2.17% |
-7.22% |
| DOM* | 98 |
103 |
97 |
-5.83% |
-1.02% |
| Total Transactions | 419 |
407 |
370 |
-9.09% |
-11.69% |
Condos/Townhouses Sales Trends in Gilbert, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $117,967 |
$105,757 |
$107,015 |
1.19% |
-9.28% |
| Sale Price | $117,620 |
$103,700 |
$104,158 |
0.44% |
-11.45% |
| % of Asking Price | 99.71% |
98.05% |
97.33% |
-0.73% |
-2.39% |
| Price/SqFt | $93 |
$81 |
$88 |
8.64% |
-5.38% |
| DOM* | 104 |
125 |
71 |
-43.2% |
-31.73% |
| Total Transactions | 28 |
14 |
18 |
28.57% |
-35.71% |
Single Family Homes Sales Trends in Mesa, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $159,454 |
$168,116 |
$167,401 |
-0.43% |
4.98% |
| Sale Price | $156,241 |
$162,300 |
$161,098 |
-0.74% |
3.11% |
| % of Asking Price | 97.98% |
96.54% |
96.24% |
-0.31% |
-1.78% |
| Price/SqFt | $86 |
$85 |
$83 |
-2.35% |
-3.49% |
| DOM* | 103 |
95 |
96 |
1.05% |
-6.8% |
| Total Transactions | 562 |
484 |
536 |
10.74% |
-4.63% |
Condos/Townhouses Sales Trends in Mesa, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $94,864 |
$71,625 |
$54,085 |
-24.49% |
-42.99% |
| Sale Price | $90,946 |
$66,710 |
$51,790 |
-22.36% |
-43.05% |
| % of Asking Price | 95.87% |
93.14% |
95.76% |
2.81% |
-0.11% |
| Price/SqFt | $79 |
$60 |
$49 |
-18.33% |
-37.97% |
| DOM* | 101 |
109 |
90 |
-17.43% |
-10.89% |
| Total Transactions | 89 |
97 |
98 |
1.03% |
10.11% |
Single Family Homes Sales Trends in Queen Creek, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $135,498 |
$158,846 |
$164,724 |
3.7% |
21.57% |
| Sale Price | $136,774 |
$155,723 |
$160,128 |
2.83% |
17.07% |
| % of Asking Price | 100.94% |
98.03% |
97.21% |
-0.84% |
-3.7% |
| Price/SqFt | $63 |
$68 |
$68 |
0% |
7.94% |
| DOM* | 76 |
108 |
95 |
-12.04% |
25% |
| Total Transactions | 399 |
164 |
161 |
-1.83% |
-59.65% |
Single Family Homes Sales Trends in Tempe, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $219,597 |
$209,658 |
$197,610 |
-5.75% |
-10.01% |
| Sale Price | $210,518 |
$201,231 |
$188,654 |
-6.25% |
-10.39% |
| % of Asking Price | 95.87% |
95.98% |
95.47% |
-0.53% |
-0.42% |
| Price/SqFt | $117 |
$110 |
$102 |
-7.27% |
-12.82% |
| DOM* | 91 |
88 |
117 |
32.95% |
28.57% |
| Total Transactions | 110 |
105 |
102 |
-2.86% |
-7.27% |
Condos/Townhouses Sales Trends in Tempe, August 2010
| August 2009 | July 2010 | August 2010 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $176,015 |
$162,531 |
$121,005 |
-25.55% |
-31.25% |
| Sale Price | $166,212 |
$153,732 |
$114,076 |
-25.8% |
-31.37% |
| % of Asking Price | 94.43% |
94.59% |
94.27% |
-0.34% |
-0.17% |
| Price/SqFt | $131 |
$121 |
$99 |
-18.18% |
-24.43% |
| DOM* | 122 |
118 |
106 |
-10.17% |
-13.11% |
| Total Transactions | 42 |
52 |
67 |
28.85% |
59.52% |
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