East Valley Market Conditions, January 2010

by Phoenix Homes Team
Feb
1

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

Single Family Homes Sales Trends in Apache Junction, January 2010

Single Family Homes Sales Trends in Apache Junction, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$151,684
$140,443
$128,589
-8.44%
-15.23%
Sale Price
$147,079
$136,466
$125,642
-7.93%
-14.58%
% of Asking Price
96.96%
97.17%
97.71%
0.56%
0.77%
Price/SqFt
$89
$80
$80
0%
-10.11%
DOM*
118
90
73
-18.89%
-38.14%
Total Transactions
43
83
69
-16.87%
60.47%

 

Single Family Homes Sales Trends in Chandler, January 2010

Single Family Homes Sales Trends in Chandler, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$286,908
$221,291
$237,032
7.11%
-17.38%
Sale Price
$274,100
$215,554
$232,042
7.65%
-15.34%
% of Asking Price
95.54%
97.41%
97.89%
0.49%
2.46%
Price/SqFt
$118
$103
$107
3.88%
-9.32%
DOM*
110
91
87
-4.4%
-20.91%
Total Transactions
169
330
228
-30.91%
34.91%

 

Condos/Townhouses Sales Trends in Chandler, January 2010

Condos/Townhouses Sales Trends in Chandler, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$103,029
$99,306
$108,701
9.46%
5.51%
Sale Price
$99,158
$97,531
$103,950
6.58%
4.83%
% of Asking Price
96.24%
98.21%
95.63%
-2.63%
-0.63%
Price/SqFt
$93
$82
$89
8.54%
-4.3%
DOM*
113
122
106
-13.11%
-6.19%
Total Transactions
18
35
29
-17.14%
61.11%

 

Single Family Homes Sales Trends in Gilbert, January 2010

Single Family Homes Sales Trends in Gilbert, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$243,104
$216,593
$218,433
0.85%
-10.15%
Sale Price
$234,494
$214,579
$212,988
-0.74%
-9.17%
% of Asking Price
96.46%
99.07%
97.51%
-1.57%
1.09%
Price/SqFt
$103
$96
$96
0%
-6.8%
DOM*
105
103
92
-10.68%
-12.38%
Total Transactions
219
373
263
-29.49%
20.09%

 

Condos/Townhouses Sales Trends in Gilbert, January 2010

Condos/Townhouses Sales Trends in Gilbert, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$140,258
$112,550
$135,189
20.11%
-3.61%
Sale Price
$135,475
$114,100
$135,133
18.43%
-0.25%
% of Asking Price
96.59%
101.38%
99.96%
-1.4%
3.49%
Price/SqFt
$102
$80
$116
45%
13.73%
DOM*
59
99
97
-2.02%
64.41%
Total Transactions
6
18
9
-50%
50%

 

Single Family Homes Sales Trends in Mesa, January 2010

Single Family Homes Sales Trends in Mesa, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$185,650
$168,047
$161,027
-4.18%
-13.26%
Sale Price
$174,448
$163,216
$155,942
-4.46%
-10.61%
% of Asking Price
93.97%
97.13%
96.84%
-0.3%
3.05%
Price/SqFt
$97
$89
$88
-1.12%
-9.28%
DOM*
115
95
89
-6.32%
-22.61%
Total Transactions
327
512
416
-18.75%
27.22%

 

Condos/Townhouses Sales Trends in Mesa, January 2010

Condos/Townhouses Sales Trends in Mesa, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$104,329
$75,426
$71,330
-5.43%
-31.63%
Sale Price
$100,772
$72,399
$68,070
-5.98%
-32.45%
% of Asking Price
96.59%
95.99%
95.43%
-0.58%
-1.2%
Price/SqFt
$88
$66
$62
-6.06%
-29.55%
DOM*
141
121
106
-12.4%
-24.82%
Total Transactions
34
76
58
-23.68%
70.59%

 

Single Family Homes Sales Trends in Queen Creek, January 2010

Single Family Homes Sales Trends in Queen Creek, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$137,243
$142,817
$146,948
2.89%
7.07%
Sale Price
$132,139
$141,229
$144,139
2.06%
9.08%
% of Asking Price
96.28%
98.89%
98.09%
-0.81%
1.88%
Price/SqFt
$63
$63
$65
3.17%
3.17%
DOM*
88
86
77
-10.47%
-12.5%
Total Transactions
284
318
202
-36.48%
-28.87%

 

Single Family Homes Sales Trends in Tempe, January 2010

Single Family Homes Sales Trends in Tempe, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$282,548
$209,489
$232,768
11.11%
-17.62%
Sale Price
$265,261
$201,730
$223,345
10.71%
-15.8%
% of Asking Price
93.88%
96.3%
95.95%
-0.36%
2.2%
Price/SqFt
$137
$114
$116
1.75%
-15.33%
DOM*
119
88
84
-4.55%
-29.41%
Total Transactions
45
87
75
-13.79%
66.67%

 

Condos/Townhouses Sales Trends in Tempe, January 2010

Condos/Townhouses Sales Trends in Tempe, January 2010

  January 2009 December 2009 January 2010 Monthly Change in % Annual Change in %
Asking Price
$167,438
$140,818
$108,765
-22.76%
-35.04%
Sale Price
$151,646
$134,270
$99,092
-26.2%
-34.66%
% of Asking Price
90.57%
95.35%
91.11%
-4.45%
0.6%
Price/SqFt
$131
$114
$93
-18.42%
-29.01%
DOM*
92
120
135
12.5%
46.74%
Total Transactions
13
27
18
-33.33%
38.46%

 

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