East Valley Market Conditions, September 2009

by Phoenix Homes Team
Oct
5

East Valley single family homes, condos and townhouses sales reports for September 2009 including: Apache Junction, Chandler, Gilbert, Mesa, Queen Creek and Tempe.

Single Family Homes Sales Trends in Apache Junction, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$132,253
$105,138
$121,927
15.97%
-7.81%
Sale Price
$131,702
$103,508
$120,923
16.82%
-8.18%
% of Asking Price
99.58%
98.45%
99.18%
0.74%
-0.4%
Price/SqFt
$83
$69
$73
5.8%
-12.05%
DOM*
85
96
83
-13.54%
-2.35%
Total Transactions
39
71
66
-7.04%
69.23%

 

Single Family Homes Sales Trends in Chandler, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$263,102
$229,115
$240,167
4.82%
-8.72%
Sale Price
$256,891
$223,672
$235,142
5.13%
-8.47%
% of Asking Price
97.64%
97.62%
97.91%
0.3%
0.28%
Price/SqFt
$128
$105
$106
0.95%
-17.19%
DOM*
92
93
93
0%
1.09%
Total Transactions
318
341
362
6.16%
13.84%

 

Condos/Townhouses Sales Trends in Chandler, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$159,122
$113,397
$124,844
10.1%
-21.54%
Sale Price
$156,014
$125,815
$118,318
-5.96%
-24.16%
% of Asking Price
98.05%
110.95%
94.77%
-14.58%
-3.35%
Price/SqFt
$138
$100
$96
-4%
-30.43%
DOM*
56
105
109
3.81%
94.64%
Total Transactions
25
46
30
-34.78%
20%

 

Single Family Homes Sales Trends in Gilbert, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$267,706
$225,463
$219,188
-2.78%
-18.12%
Sale Price
$262,561
$222,736
$216,354
-2.87%
-17.6%
% of Asking Price
98.08%
98.79%
98.71%
-0.08%
0.64%
Price/SqFt
$118
$97
$98
1.03%
-16.95%
DOM*
85
98
83
-15.31%
-2.35%
Total Transactions
351
419
374
-10.74%
6.55%

 

Condos/Townhouses Sales Trends in Gilbert, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$166,628
$117,967
$114,865
-2.63%
-31.06%
Sale Price
$163,328
$117,620
$115,161
-2.09%
-29.49%
% of Asking Price
98.02%
99.71%
100.26%
0.55%
2.29%
Price/SqFt
$131
$93
$88
-5.38%
-32.82%
DOM*
110
104
120
15.38%
9.09%
Total Transactions
9
28
20
-28.57%
122.22%

 

Single Family Homes Sales Trends in Mesa, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$194,547
$159,454
$157,168
-1.43%
-19.21%
Sale Price
$189,637
$156,241
$156,933
0.44%
-17.25%
% of Asking Price
97.48%
97.98%
99.85%
1.91%
2.43%
Price/SqFt
$111
$86
$87
1.16%
-21.62%
DOM*
93
103
84
-18.45%
-9.68%
Total Transactions
502
562
559
-0.53%
11.35%

 

Condos/Townhouses Sales Trends in Mesa, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$118,779
$94,864
$77,665
-18.13%
-34.61%
Sale Price
$115,308
$90,946
$74,668
-17.9%
-35.25%
% of Asking Price
97.08%
95.87%
96.14%
0.28%
-0.97%
Price/SqFt
$101
$79
$69
-12.66%
-31.68%
DOM*
109
101
117
15.84%
7.34%
Total Transactions
45
89
71
-20.22%
57.78%

 

Single Family Homes Sales Trends in Queen Creek, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$170,923
$135,498
$139,535
2.98%
-18.36%
Sale Price
$175,838
$136,774
$139,805
2.22%
-20.49%
% of Asking Price
102.88%
100.94%
100.19%
-0.74%
-2.61%
Price/SqFt
$79
$63
$64
1.59%
-18.99%
DOM*
66
76
81
6.58%
22.73%
Total Transactions
387
399
409
2.51%
5.68%

 

Single Family Homes Sales Trends in Tempe, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$263,853
$219,597
$239,618
9.12%
-9.19%
Sale Price
$252,352
$210,518
$229,766
9.14%
-8.95%
% of Asking Price
95.64%
95.87%
95.89%
0.02%
0.26%
Price/SqFt
$146
$117
$121
3.42%
-17.12%
DOM*
91
91
74
-18.68%
-18.68%
Total Transactions
74
110
112
1.82%
51.35%

 

Condos/Townhouses Sales Trends in Tempe, September 2009

  September 2008 August 2009 September 2009 Monthly Change in % Annual Change in %
Asking Price
$211,478
$176,015
$154,265
-12.36%
-27.05%
Sale Price
$203,378
$166,212
$145,576
-12.42%
-28.42%
% of Asking Price
96.17%
94.43%
94.37%
-0.06%
-1.87%
Price/SqFt
$167
$131
$114
-12.98%
-31.74%
DOM*
93
122
109
-10.66%
17.2%
Total Transactions
27
42
47
11.9%
74.07%

 

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.
2 + 1 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.