East Valley Market Conditions, October 2008

East Valley single family homes, condos and townhouses sales reports for October 2008 including: Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.

Single Family Homes Sales in Apache Junction - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$200,718
$132,253
$145,101
9.71%
-27.71%
Sale Price
$192,673
$131,702
$142,242
8%
-26.17%
% of Asking Price
95.99%
99.58%
98.03%
-1.56%
2.13%
Price/SqFt
$129
$83
$90
8.43%
-30.23%
DOM*
126
85
101
18.82%
-19.84%
Total Transactions
28
39
45
15.38%
60.71%

 

Condos/Townhouses Sales in Apache Junction - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$129,900
$79,900
$92,400
15.64%
-28.87%
Sale Price
$129,900
$83,900
$89,950
7.21%
-30.75%
% of Asking Price
100%
105.01%
97.35%
-7.29%
-2.65%
Price/SqFt
$136
$94
$75
-20.21%
-44.85%
DOM*
67
39
154
294.87%
129.85%
Total Transactions
1
1
2
100%
100%

 


Single Family Homes Sales in Chandler - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$336,178
$263,102
$288,199
9.54%
-14.27%
Sale Price
$325,196
$256,891
$275,460
7.23%
-15.29%
% of Asking Price
96.73%
97.64%
95.58%
-2.11%
-1.19%
Price/SqFt
$156
$128
$129
0.78%
-17.31%
DOM*
104
92
100
8.7%
-3.85%
Total Transactions
187
318
228
-28.3%
21.93%

 

Condos/Townhouses Sales in Chandler - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$180,644
$159,122
$138,184
-13.16%
-23.5%
Sale Price
$175,100
$156,014
$134,425
-13.84%
-23.23%
% of Asking Price
96.93%
98.05%
97.28%
-0.79%
0.36%
Price/SqFt
$157
$138
$118
-14.49%
-24.84%
DOM*
139
56
84
50%
-39.57%
Total Transactions
21
25
16
-36%
-23.81%

 


Single Family Homes Sales in Gilbert - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$337,081
$267,706
$276,347
3.23%
-18.02%
Sale Price
$321,061
$262,561
$268,556
2.28%
-16.35%
% of Asking Price
95.25%
98.08%
97.18%
-0.92%
2.03%
Price/SqFt
$147
$118
$115
-2.54%
-21.77%
DOM*
107
85
103
21.18%
-3.74%
Total Transactions
193
351
288
-17.95%
49.22%

 

Condos/Townhouses Sales in Gilbert - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$210,025
$166,628
$147,330
-11.58%
-29.85%
Sale Price
$203,126
$163,328
$126,317
-22.66%
-37.81%
% of Asking Price
96.72%
98.02%
85.74%
-12.53%
-11.35%
Price/SqFt
$154
$131
$101
-22.9%
-34.42%
DOM*
68
110
84
-23.64%
23.53%
Total Transactions
10
9
3
-66.67%
-70%

 


Single Family Homes Sales in Mesa - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$292,503
$194,547
$209,972
7.93%
-28.22%
Sale Price
$281,242
$189,637
$202,375
6.72%
-28.04%
% of Asking Price
96.15%
97.48%
96.38%
-1.13%
0.24%
Price/SqFt
$152
$111
$108
-2.7%
-28.95%
DOM*
131
93
100
7.53%
-23.66%
Total Transactions
261
502
391
-22.11%
49.81%

 

Condos/Townhouses Sales in Mesa - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$150,529
$118,779
$116,283
-2.1%
-22.75%
Sale Price
$146,867
$115,308
$109,409
-5.12%
-25.5%
% of Asking Price
97.57%
97.08%
94.09%
-3.08%
-3.57%
Price/SqFt
$133
$101
$97
-3.96%
-27.07%
DOM*
98
109
95
-12.84%
-3.06%
Total Transactions
51
45
34
-24.44%
-33.33%

 


Single Family Homes Sales in Queen Creek - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$235,234
$170,923
$150,103
-12.18%
-36.19%
Sale Price
$226,053
$175,838
$148,352
-15.63%
-34.37%
% of Asking Price
96.1%
102.88%
98.83%
-3.94%
2.84%
Price/SqFt
$104
$79
$70
-11.39%
-32.69%
DOM*
121
66
74
12.12%
-38.84%
Total Transactions
128
387
324
-16.28%
153.13%

 


Single Family Homes Sales in Tempe - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$346,729
$263,853
$277,990
5.36%
-19.82%
Sale Price
$330,802
$252,352
$268,253
6.3%
-18.91%
% of Asking Price
95.41%
95.64%
96.5%
0.9%
1.14%
Price/SqFt
$183
$146
$136
-6.85%
-25.68%
DOM*
90
91
97
6.59%
7.78%
Total Transactions
55
74
59
-20.27%
7.27%

 

Condos/Townhouses Sales in Tempe - October, 2008

  October, 2007 September, 2008 October, 2008 Monthly Change in % Annual Change in %
Asking Price
$234,093
$211,478
$152,860
-27.72%
-34.7%
Sale Price
$228,157
$203,378
$147,017
-27.71%
-35.56%
% of Asking Price
97.46%
96.17%
96.18%
0.01%
-1.31%
Price/SqFt
$194
$167
$129
-22.75%
-33.51%
DOM*
92
93
61
-34.41%
-33.7%
Total Transactions
25
27
23
-14.81%
-8%

 

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