East Valley Market Conditions, February 2010

by Phoenix Homes Team
Mar
3

East Valley single family homes, condos and townhouses sales reports for February 2010 including:Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.

Single Family Homes Sales Trends in Apache Junction, February 2010

Single Family Homes Sales Trends in Apache Junction, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$128,492
$128,589
$132,191
2.8%
2.88%
Sale Price
$123,332
$125,642
$128,081
1.94%
3.85%
% of Asking Price
95.98%
97.71%
96.89%
-0.84%
0.95%
Price/SqFt
$75
$80
$78
-2.5%
4%
DOM*
124
73
82
12.33%
-33.87%
Total Transactions
46
69
67
-2.9%
45.65%

 

Single Family Homes Sales Trends in Chandler, February 2010

Single Family Homes Sales Trends in Chandler, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$265,596
$237,032
$216,315
-8.74%
-18.55%
Sale Price
$252,070
$232,042
$209,719
-9.62%
-16.8%
% of Asking Price
94.91%
97.89%
96.95%
-0.96%
2.15%
Price/SqFt
$113
$107
$104
-2.8%
-7.96%
DOM*
113
87
99
13.79%
-12.39%
Total Transactions
179
228
258
13.16%
44.13%

 

Condos/Townhouses Sales Trends in Chandler, February 2010

Condos/Townhouses Sales Trends in Chandler, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$118,322
$108,701
$96,268
-11.44%
-18.64%
Sale Price
$118,045
$103,950
$91,731
-11.75%
-22.29%
% of Asking Price
99.77%
95.63%
95.29%
-0.36%
-4.49%
Price/SqFt
$105
$89
$80
-10.11%
-23.81%
DOM*
130
106
76
-28.3%
-41.54%
Total Transactions
12
29
26
-10.34%
116.67%

 

Single Family Homes Sales Trends in Gilbert, February 2010

Single Family Homes Sales Trends in Gilbert, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$229,062
$218,433
$214,868
-1.63%
-6.2%
Sale Price
$221,590
$212,988
$215,581
1.22%
-2.71%
% of Asking Price
96.74%
97.51%
100.33%
2.89%
3.71%
Price/SqFt
$99
$96
$97
1.04%
-2.02%
DOM*
123
92
92
0%
-25.2%
Total Transactions
241
263
314
19.39%
30.29%

 

Condos/Townhouses Sales Trends in Gilbert, February 2010

Condos/Townhouses Sales Trends in Gilbert, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$138,673
$135,189
$99,800
-26.18%
-28.03%
Sale Price
$131,431
$135,133
$98,167
-27.36%
-25.31%
% of Asking Price
94.78%
99.96%
98.36%
-1.6%
3.78%
Price/SqFt
$90
$116
$73
-37.07%
-18.89%
DOM*
74
97
69
-28.87%
-6.76%
Total Transactions
15
9
9
0%
-40%

 

Single Family Homes Sales Trends in Mesa, February 2010

Single Family Homes Sales Trends in Mesa, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$181,437
$161,027
$161,342
0.2%
-11.08%
Sale Price
$172,654
$155,942
$159,616
2.36%
-7.55%
% of Asking Price
95.16%
96.84%
98.93%
2.16%
3.96%
Price/SqFt
$95
$88
$88
0%
-7.37%
DOM*
120
89
90
1.12%
-25%
Total Transactions
390
416
468
12.5%
20%

 

Condos/Townhouses Sales Trends in Mesa, February 2010

Condos/Townhouses Sales Trends in Mesa, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$92,547
$71,330
$76,746
7.59%
-17.07%
Sale Price
$84,462
$68,070
$73,442
7.89%
-13.05%
% of Asking Price
91.26%
95.43%
95.69%
0.27%
4.85%
Price/SqFt
$76
$62
$66
6.45%
-13.16%
DOM*
126
106
131
23.58%
3.97%
Total Transactions
42
58
86
48.28%
104.76%

 

Single Family Homes Sales Trends in Queen Creek, February 2010

Single Family Homes Sales Trends in Queen Creek, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$137,480
$146,948
$153,350
4.36%
11.54%
Sale Price
$133,556
$144,139
$152,344
5.69%
14.07%
% of Asking Price
97.15%
98.09%
99.34%
1.27%
2.25%
Price/SqFt
$60
$65
$67
3.08%
11.67%
DOM*
85
77
97
25.97%
14.12%
Total Transactions
300
202
211
4.46%
-29.67%

 

Single Family Homes Sales Trends in Tempe, February 2010

Single Family Homes Sales Trends in Tempe, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$306,230
$232,768
$223,619
-3.93%
-26.98%
Sale Price
$278,080
$223,345
$214,089
-4.14%
-23.01%
% of Asking Price
90.81%
95.95%
95.74%
-0.22%
5.43%
Price/SqFt
$136
$116
$117
0.86%
-13.97%
DOM*
146
84
92
9.52%
-36.99%
Total Transactions
54
75
77
2.67%
42.59%

 

Condos/Townhouses Sales Trends in Tempe, February 2010

Condos/Townhouses Sales Trends in Tempe, February 2010

  February 2009 January 2010 February 2010 Monthly Change in % Annual Change in %
Asking Price
$137,547
$108,765
$112,055
3.02%
-18.53%
Sale Price
$132,629
$99,092
$106,297
7.27%
-19.85%
% of Asking Price
96.42%
91.11%
94.86%
4.12%
-1.62%
Price/SqFt
$117
$93
$93
0%
-20.51%
DOM*
107
135
100
-25.93%
-6.54%
Total Transactions
17
18
33
83.33%
94.12%

 

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <br> <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

You can change the default for this field in "Comment follow-up notification settings" on your account edit page.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
9 + 1 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.