West Valley Market Report - April 2008

West Valley single family homes, condos and townhouses sales reports for April 2008 including: Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

Avondale Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $289,435 $222,807 $215,390
-3.33%
-25.58%
Sales Price $269,588 $194,040 $188,169
-3.03%
-30.20%
% of Asking Price 93.14% 87.09% 87.36%
0.31%
-6.21%
$/SqFt $141.39 $95.68 $95.96
0.29%
-32.13%
Days on Market 96 107 129
20.56%
34.38%
Total Transactions 82 70 105
50.00%
28.05%

 

El Mirage Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $209,953 $162,316 $170,780
5.21%
-18.66%
Sales Price $202,911 $145,793 $148,659
1.97%
-26.74%
% of Asking Price 96.65% 89.82% 87.05%
-3.09%
-9.93%
$/SqFt $135.84 $93.80 $84.19
-10.25%
-38.02%
Days on Market 89 101 116
14.85%
30.34%
Total Transactions 46 41 37
-9.76%
-19.57%

 

Glendale Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $308,624 $269,930 $260,528
-3.48%
-15.58%
Sales Price $291,759 $238,124 $227,690
-4.38%
-21.96%
% of Asking Price 94.54% 88.22% 87.40%
-0.93%
-7.55%
$/SqFt $160.43 $123.19 $123.13
-0.05%
-23.25%
Days on Market 97 130 135
3.85%
39.18%
Total Transactions 242 161 198
22.98%
-18.18%

 

Glendale Condos and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $144,392 $141,080 $139,040
-1.45%
-3.71%
Sales Price $140,257 $120,850 $130,850
8.27%
-6.71%
% of Asking Price 97.14% 85.66% 94.11%
9.86%
-3.12%
$/SqFt $130.56 $101.07 $113.06
11.86%
-13.40%
Days on Market 79 64 98
52.72%
24.83%
Total Transactions 39 10 10
0.00%
-74.36%

 

Goodyear Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $341,258 $304,440 $302,283
-0.71%
-11.42%
Sales Price $309,879 $262,063 $259,114
-1.13%
-16.38%
% of Asking Price 90.80% 86.08% 85.72%
-0.42%
-5.60%
$/SqFt $155.85 $121.76 $117.80
-3.25%
-24.41%
Days on Market 140 127 135
6.30%
-3.57%
Total Transactions 88 93 118
26.88%
34.09%

 

Goodyear Condos and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $198,333 $165,413 $163,823
-0.96%
-17.40%
Sales Price $187,000 $137,329 $137,462
0.10%
-26.49%
% of Asking Price 94.29% 83.02% 83.91%
1.07%
-11.01%
$/SqFt $158.30 $114.58 $121.39
5.94%
-23.31%
Days on Market 150 116 116
0.61%
-22.53%
Total Transactions 3 2 5
150.00%
66.67%

 

 

Laveen Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $375,797 $259,483 $261,359
0.72%
-30.45%
Sales Price $339,532 $239,283 $238,296
-0.41%
-29.82%
% of Asking Price 90.35% 92.22% 91.18%
-1.13%
0.91%
$/SqFt $141.48 $98.02 $104.31
6.42%
-26.27%
Days on Market 87 90 115
27.78%
32.18%
Total Transactions 29 32 29
-9.38%
0.00%

 

Litchfield Park Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $406,385 $352,455 $338,386
-3.99%
-16.73%
Sales Price $373,717 $316,477 $287,510
-9.15%
-23.07%
% of Asking Price 91.96% 89.79% 84.97%
-5.38%
-7.61%
$/SqFt $162.22 $110.97 $117.58
5.96%
-27.52%
Days on Market 146 138 175
26.81%
19.86%
Total Transactions 30 27 43
59.26%
43.33%

 

 

Peoria Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $343,676 $297,461 $292,732
-1.59%
-14.82%
Sales Price $320,575 $263,029 $254,824
-3.12%
-20.51%
% of Asking Price 93.28% 88.42% 87.05%
-1.55%
-6.68%
$/SqFt $162.75 $133.78 $118.85
-11.16%
-26.97%
Days on Market 121 130 141
8.46%
16.53%
Total Transactions 192 143 147
2.80%
-23.44%

 

Peoria Condos and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $185,388 $209,713 $180,950
-13.72%
-2.39%
Sales Price $189,941 $196,863 $160,050
-18.70%
-15.74%
% of Asking Price 102.46% 93.87% 88.45%
-5.78%
-13.67%
$/SqFt $154.43 $158.19 $125.74
-20.51%
-18.58%
Days on Market 77 108 141
30.85%
82.54%
Total Transactions 16 8 6
-25.00%
-62.50%

 

Sun City Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $227,257 $198,701 $208,650
5.01%
-8.19%
Sales Price $207,228 $178,667 $182,763
2.29%
-11.81%
% of Asking Price 91.19% 89.92% 87.59%
-2.59%
-3.94%
$/SqFt $124.19 $106.29 $111.03
4.46%
-10.60%
Days on Market 122 106 118
11.32%
-3.28%
Total Transactions 102 75 73
-2.67%
-28.43%

 

Sun City and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $125,858 $121,460 $136,865
12.68%
8.75%
Sales Price $116,411 $105,933 $115,397
8.93%
-0.87%
% of Asking Price 92.49% 87.22% 84.31%
-3.33%
-8.84%
$/SqFt $107.32 $91.56 $93.96
2.62%
-12.45%
Days on Market 87 160 188
17.50%
116.09%
Total Transactions 33 24 17
-29.17%
-48.48%

 

Sun City West Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $292,788 $258,060 $258,789
0.28%
-11.61%
Sales Price $268,623 $227,196 $227,121
-0.03%
-15.45%
% of Asking Price 91.75% 88.04% 87.76%
-0.31%
-4.34%
$/SqFt $146.55 $130.35 $129.88
-0.36%
-11.37%
Days on Market 140 128 159
24.22%
13.57%
Total Transactions 64 75 83
10.67%
29.69%

 

Sun City West and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $167,067 $145,315 $123,710
-14.87%
-25.95%
Sales Price $148,417 $130,415 $110,500
-15.27%
-25.55%
% of Asking Price 88.84% 89.75% 89.32%
-0.47%
0.55%
$/SqFt $117.88 $104.46 $94.48
-9.55%
-19.85%
Days on Market 154 129 49
-62.02%
-68.18%
Total Transactions 12 13 10
-23.08%
-16.67%

 

Surprise Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $311,867 $248,817 $257,169
3.36%
-17.54%
Sales Price $286,440 $221,236 $227,260
2.72%
-20.66%
% of Asking Price 91.85% 88.92% 88.37%
-0.61%
-3.79%
$/SqFt $142.93 $109.06 $103.15
-5.42%
-27.83%
Days on Market 130 134 143
6.72%
10.00%
Total Transactions 200 243 259
6.58%
29.50%

 

Surprise and Townhouses Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $141,115 $148,567 $209,283
40.87%
48.31%
Sales Price $125,845 $130,144 $186,517
43.32%
48.21%
% of Asking Price 89.18% 87.60% 89.12%
1.74%
-0.06%
$/SqFt $131.70 $151.62 $179.52
18.40%
36.31%
Days on Market 89 132 167
26.52%
87.64%
Total Transactions 14 9 6
-33.33%
-57.14%

 

Tolleson Single Family Homes Sales Report

Average Apr 2007 Mar 2008 Apr 2008
Monthly Change in %
Annual Change in %
Asking Price $262,207 $201,309 $213,163
5.89%
-18.70%
Sales Price $245,063 $185,981 $190,059
2.19%
-22.44%
% of Asking Price 93.46% 92.39% 89.16%
-3.49%
-4.60%
$/SqFt $133.97 $92.62 $88.47
-4.48%
-33.96%
Days on Market 93 101 122
20.79%
31.18%
Total Transactions 35 51 47
-7.84%
34.29%

 

All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 5-7-2008.