East Valley single family homes, condos and townhouses sales reports for July 2008 including: Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.
Apache Junction Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$231,175
|
$229,226
|
$146,064
|
-36.28%
|
-36.82%
|
| Sale Price |
$220,759
|
$173,926
|
$142,800
|
-17.9%
|
-35.31%
|
| % of Asking Price |
$95.49%
|
$75.88%
|
$97.77%
|
28.85%
|
2.39%
|
| Price/SqFt |
$144
|
$112
|
$100
|
-10.71%
|
-30.56%
|
| DOM* |
125
|
116
|
101
|
-12.93%
|
-19.2%
|
| Total Transactions |
28
|
48
|
43
|
-10.42%
|
53.57%
|
Chandler Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$376,243
|
$335,965
|
$296,901
|
-11.63%
|
-21.09%
|
| Sale Price |
$363,359
|
$302,477
|
$286,688
|
-5.22%
|
-21.1%
|
| % of Asking Price |
$96.58%
|
$90.03%
|
$96.56%
|
7.25%
|
-0.02%
|
| Price/SqFt |
$165
|
$135
|
$133
|
-1.48%
|
-19.39%
|
| DOM* |
114
|
131
|
112
|
-14.5%
|
-1.75%
|
| Total Transactions |
283
|
334
|
303
|
-9.28%
|
7.07%
|
Chandler Condos and Townhouses Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$198,438
|
$247,341
|
$174,113
|
-29.61%
|
-12.26%
|
| Sale Price |
$196,466
|
$216,322
|
$170,773
|
-21.06%
|
-13.08%
|
| % of Asking Price |
$99.01%
|
$87.46%
|
$98.08%
|
12.14%
|
-0.94%
|
| Price/SqFt |
$157
|
$138
|
$142
|
2.9%
|
-9.55%
|
| DOM* |
103
|
166
|
144
|
-13.25%
|
39.81%
|
| Total Transactions |
32
|
21
|
28
|
33.33%
|
-12.5%
|
Gilbert Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$362,982
|
$320,433
|
$282,088
|
-11.97%
|
-22.29%
|
| Sale Price |
$353,042
|
$285,076
|
$274,469
|
-3.72%
|
-22.26%
|
| % of Asking Price |
$97.26%
|
$88.97%
|
$97.3%
|
9.36%
|
0.04%
|
| Price/SqFt |
$158
|
$122
|
$120
|
-1.64%
|
-24.05%
|
| DOM* |
108
|
120
|
118
|
-1.67%
|
9.26%
|
| Total Transactions |
254
|
331
|
366
|
10.57%
|
44.09%
|
Gilbert Condos and Townhouses Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$174,440
|
$216,359
|
$175,327
|
-18.96%
|
0.51%
|
| Sale Price |
$170,110
|
$197,893
|
$164,889
|
-16.68%
|
-3.07%
|
| % of Asking Price |
$97.52%
|
$91.46%
|
$94.05%
|
2.83%
|
-3.56%
|
| Price/SqFt |
$226
|
$137
|
$116
|
-15.33%
|
-48.67%
|
| DOM* |
102
|
81
|
108
|
33.33%
|
5.88%
|
| Total Transactions |
5
|
10
|
9
|
-10%
|
80%
|
Mesa Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$307,436
|
$259,927
|
$219,159
|
-15.68%
|
-28.71%
|
| Sale Price |
$297,343
|
$232,738
|
$211,837
|
-8.98%
|
-28.76%
|
| % of Asking Price |
$96.72%
|
$89.54%
|
$96.66%
|
7.95%
|
-0.06%
|
| Price/SqFt |
$157
|
$124
|
$117
|
-5.65%
|
-25.48%
|
| DOM* |
116
|
122
|
123
|
0.82%
|
6.03%
|
| Total Transactions |
377
|
414
|
433
|
4.59%
|
14.85%
|
Mesa Condos and Townhouses Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$167,304
|
$147,911
|
$137,293
|
-7.18%
|
-17.94%
|
| Sale Price |
$163,373
|
$129,409
|
$134,295
|
3.78%
|
-17.8%
|
| % of Asking Price |
$97.65%
|
$87.49%
|
$97.82%
|
11.81%
|
0.17%
|
| Price/SqFt |
$146
|
$113
|
$126
|
11.5%
|
-13.7%
|
| DOM* |
93
|
139
|
100
|
-28.06%
|
7.53%
|
| Total Transactions |
82
|
54
|
51
|
-5.56%
|
-37.8%
|
Queen Creek Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$247,500
|
$195,082
|
$169,377
|
-13.18%
|
-31.56%
|
| Sale Price |
$240,299
|
$175,462
|
$167,452
|
-4.57%
|
-30.31%
|
| % of Asking Price |
$97.09%
|
$89.94%
|
$98.86%
|
9.92%
|
1.82%
|
| Price/SqFt |
$121
|
$80
|
$76
|
-5%
|
-37.19%
|
| DOM* |
117
|
123
|
96
|
-21.95%
|
-17.95%
|
| Total Transactions |
120
|
361
|
377
|
4.43%
|
214.17%
|
Tempe Single Family Homes Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$348,439
|
$309,959
|
$300,285
|
-3.12%
|
-13.82%
|
| Sale Price |
$339,518
|
$280,977
|
$288,218
|
2.58%
|
-15.11%
|
| % of Asking Price |
$97.44%
|
$90.65%
|
$95.98%
|
5.88%
|
-1.5%
|
| Price/SqFt |
$180
|
$153
|
$156
|
1.96%
|
-13.33%
|
| DOM* |
72
|
132
|
84
|
-36.36%
|
16.67%
|
| Total Transactions |
114
|
97
|
91
|
-6.19%
|
-20.18%
|
Tempe Condos and Townhouses Sales Report
| July, 2007 | June, 2008 | July, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$228,784
|
$238,069
|
$228,330
|
-4.09%
|
-0.2%
|
| Sale Price |
$222,599
|
$217,065
|
$216,929
|
-0.06%
|
-2.55%
|
| % of Asking Price |
$97.3%
|
$91.18%
|
$95.01%
|
4.2%
|
-2.35%
|
| Price/SqFt |
$194
|
$169
|
$182
|
7.69%
|
-6.19%
|
| DOM* |
63
|
83
|
128
|
54.22%
|
103.17%
|
| Total Transactions |
59
|
41
|
48
|
17.07%
|
-18.64%
|
*DOM - Days on the market.
All the information is provided by the Arizona Regional Multiple Listing Service (ARMLS) and is deemed reliable but not guaranteed, as of 8-15-2008.
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