11211 N Tatum Blvd Suite #130
Phoenix, AZ 85028
Phoenix, AZ 85028
602-404-9700 Fax 602-404-9701
West Valley Market Conditions, October 2008
Nov
4
4
West Valley single family homes, condos and townhouses sales reports for October 2008 including: Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

















Single Family Homes Sales in Avondale - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $238,939 |
$160,586 |
$161,268 |
0.42% |
-32.51% |
| Sale Price | $231,815 |
$164,562 |
$157,487 |
-4.3% |
-32.06% |
| % of Asking Price | 97.02% |
102.48% |
97.66% |
-4.7% |
0.66% |
| Price/SqFt | $117 |
$85 |
$78 |
-8.24% |
-33.33% |
| DOM* | 144 |
103 |
91 |
-11.65% |
-36.81% |
| Total Transactions | 49 |
209 |
158 |
-24.4% |
222.45% |
Single Family Homes Sales in El Mirage - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $172,574 |
$116,365 |
$103,922 |
-10.69% |
-39.78% |
| Sale Price | $170,392 |
$117,748 |
$102,798 |
-12.7% |
-39.67% |
| % of Asking Price | 98.74% |
101.19% |
98.92% |
-2.24% |
0.18% |
| Price/SqFt | $120 |
$70 |
$65 |
-7.14% |
-45.83% |
| DOM* | 124 |
83 |
110 |
32.53% |
-11.29% |
| Total Transactions | 19 |
87 |
83 |
-4.6% |
336.84% |
Single Family Homes Sales in Glendale - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $290,526 |
$177,813 |
$184,867 |
3.97% |
-36.37% |
| Sale Price | $280,291 |
$175,271 |
$179,407 |
2.36% |
-35.99% |
| % of Asking Price | 96.48% |
98.57% |
97.05% |
-1.54% |
0.59% |
| Price/SqFt | $149 |
$97 |
$95 |
-2.06% |
-36.24% |
| DOM* | 112 |
106 |
99 |
-6.6% |
-11.61% |
| Total Transactions | 158 |
348 |
268 |
-22.99% |
69.62% |
Condos/Townhouses Sales in Glendale - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $143,852 |
$101,889 |
$75,829 |
-25.58% |
-47.29% |
| Sale Price | $141,385 |
$98,171 |
$89,854 |
-8.47% |
-36.45% |
| % of Asking Price | 98.28% |
96.35% |
118.5% |
22.99% |
20.57% |
| Price/SqFt | $119 |
$81 |
$76 |
-6.17% |
-36.13% |
| DOM* | 65 |
91 |
143 |
57.14% |
120% |
| Total Transactions | 21 |
18 |
24 |
33.33% |
14.29% |
Single Family Homes Sales in Goodyear - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $304,327 |
$212,013 |
$204,802 |
-3.4% |
-32.7% |
| Sale Price | $288,465 |
$206,374 |
$194,720 |
-5.65% |
-32.5% |
| % of Asking Price | 94.79% |
97.34% |
95.08% |
-2.32% |
0.31% |
| Price/SqFt | $128 |
$90 |
$91 |
1.11% |
-28.91% |
| DOM* | 129 |
113 |
56 |
-50.44% |
-56.59% |
| Total Transactions | 55 |
148 |
127 |
-14.19% |
130.91% |
Condos/Townhouses Sales in Goodyear - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $180,000 |
$150,387 |
$165,000 |
9.72% |
-8.33% |
| Sale Price | $165,000 |
$127,477 |
$140,000 |
9.82% |
-15.15% |
| % of Asking Price | 91.67% |
84.77% |
84.85% |
0.09% |
-7.44% |
| Price/SqFt | $134 |
$117 |
$130 |
11.11% |
-2.99% |
| DOM* | 115 |
105 |
159 |
51.43% |
38.26% |
| Total Transactions | 1 |
1 |
1 |
0% |
0% |
Single Family Homes Sales in Laveen - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $273,777 |
$183,635 |
$196,571 |
7.04% |
-28.2% |
| Sale Price | $261,955 |
$182,627 |
$211,657 |
15.9% |
-19.2% |
| % of Asking Price | 95.68% |
99.45% |
107.67% |
8.27% |
12.53% |
| Price/SqFt | $106 |
$87 |
$89 |
2.3% |
-16.04% |
| DOM* | 88 |
84 |
88 |
4.76% |
0% |
| Total Transactions | 37 |
93 |
65 |
-30.11% |
75.68% |
Single Family Homes Sales in Litchfield Park - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $361,286 |
$228,298 |
$244,899 |
7.27% |
-32.21% |
| Sale Price | $335,767 |
$226,195 |
$237,628 |
5.05% |
-29.23% |
| % of Asking Price | 92.94% |
99.08% |
97.03% |
-2.07% |
4.4% |
| Price/SqFt | $120 |
$95 |
$92 |
-3.16% |
-23.33% |
| DOM* | 152 |
98 |
108 |
10.2% |
-28.95% |
| Total Transactions | 9 |
46 |
48 |
4.35% |
433.33% |
Single Family Homes Sales in Peoria - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $291,052 |
$235,827 |
$251,288 |
6.56% |
-13.66% |
| Sale Price | $279,115 |
$231,044 |
$239,955 |
3.86% |
-14.03% |
| % of Asking Price | 95.9% |
97.97% |
95.49% |
-2.53% |
-0.43% |
| Price/SqFt | $140 |
$112 |
$112 |
0% |
-20% |
| DOM* | 131 |
103 |
107 |
3.88% |
-18.32% |
| Total Transactions | 119 |
234 |
179 |
-23.5% |
50.42% |
Condos/Townhouses Sales in Peoria - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $159,838 |
$172,133 |
$164,924 |
-4.19% |
3.18% |
| Sale Price | $154,050 |
$166,650 |
$142,979 |
-14.2% |
-7.19% |
| % of Asking Price | 96.38% |
96.81% |
86.69% |
-10.45% |
-10.05% |
| Price/SqFt | $156 |
$123 |
$111 |
-9.76% |
-28.85% |
| DOM* | 77 |
154 |
151 |
-1.95% |
96.1% |
| Total Transactions | 8 |
6 |
8 |
33.33% |
0% |
Single Family Homes Sales in Sun City - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $203,566 |
$165,525 |
$170,265 |
2.86% |
-16.36% |
| Sale Price | $194,508 |
$155,441 |
$161,922 |
4.17% |
-16.75% |
| % of Asking Price | 95.55% |
93.91% |
95.1% |
1.27% |
-0.47% |
| Price/SqFt | $119 |
$94 |
$94 |
0% |
-21.01% |
| DOM* | 107 |
167 |
141 |
-15.57% |
31.78% |
| Total Transactions | 49 |
56 |
65 |
16.07% |
32.65% |
Condos/Townhouses Sales in Sun City - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $117,165 |
$111,747 |
$108,954 |
-2.5% |
-7.01% |
| Sale Price | $110,180 |
$100,153 |
$93,494 |
-6.65% |
-15.14% |
| % of Asking Price | 94.04% |
89.63% |
85.81% |
-4.26% |
-8.75% |
| Price/SqFt | $96 |
$88 |
$76 |
-13.64% |
-20.83% |
| DOM* | 110 |
212 |
190 |
-10.38% |
72.73% |
| Total Transactions | 20 |
15 |
11 |
-26.67% |
-45% |
Single Family Homes Sales in Sun City West - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $264,648 |
$238,342 |
$234,027 |
-1.81% |
-11.57% |
| Sale Price | $251,835 |
$222,514 |
$219,229 |
-1.48% |
-12.95% |
| % of Asking Price | 95.16% |
93.36% |
93.68% |
0.34% |
-1.56% |
| Price/SqFt | $143 |
$119 |
$119 |
0% |
-16.78% |
| DOM* | 121 |
173 |
192 |
10.98% |
58.68% |
| Total Transactions | 40 |
36 |
37 |
2.78% |
-7.5% |
Condos/Townhouses Sales in Sun City West - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $137,140 |
$117,133 |
$128,883 |
10.03% |
-6.02% |
| Sale Price | $126,400 |
$106,083 |
$124,633 |
17.49% |
-1.4% |
| % of Asking Price | 92.17% |
90.57% |
96.7% |
6.77% |
4.91% |
| Price/SqFt | $120 |
$90 |
$95 |
5.56% |
-20.83% |
| DOM* | 208 |
158 |
22 |
-86.08% |
-89.42% |
| Total Transactions | 5 |
3 |
3 |
0% |
-40% |
Single Family Homes Sales in Surprise - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $266,930 |
$185,212 |
$187,740 |
1.36% |
-29.67% |
| Sale Price | $255,075 |
$184,081 |
$183,538 |
-0.29% |
-28.05% |
| % of Asking Price | 95.56% |
99.39% |
97.76% |
-1.64% |
2.3% |
| Price/SqFt | $121 |
$85 |
$85 |
0% |
-29.75% |
| DOM* | 126 |
99 |
91 |
-8.08% |
-27.78% |
| Total Transactions | 134 |
283 |
274 |
-3.18% |
104.48% |
Condos/Townhouses Sales in Surprise - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $149,900 |
$97,050 |
$107,800 |
11.08% |
-28.09% |
| Sale Price | $141,433 |
$90,667 |
$100,333 |
10.66% |
-29.06% |
| % of Asking Price | 94.35% |
93.42% |
93.07% |
-0.37% |
-1.36% |
| Price/SqFt | $119 |
$115 |
$91 |
-20.87% |
-23.53% |
| DOM* | 53 |
151 |
117 |
-22.52% |
120.75% |
| Total Transactions | 3 |
6 |
3 |
-50% |
0% |
Single Family Homes Sales in Tolleson - October, 2008
| October, 2007 | September, 2008 | October, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price | $221,503 |
$153,015 |
$139,436 |
-8.87% |
-37.05% |
| Sale Price | $217,453 |
$166,351 |
$141,203 |
-15.12% |
-35.07% |
| % of Asking Price | 98.17% |
108.72% |
101.27% |
-6.85% |
3.16% |
| Price/SqFt | $113 |
$79 |
$71 |
-10.13% |
-37.17% |
| DOM* | 91 |
93 |
108 |
16.13% |
18.68% |
| Total Transactions | 32 |
110 |
72 |
-34.55% |
125% |



Post new comment