East Valley Home Value & Sales
Comparison April, 2006 Versus April, 2007.
Sunday, May 20, 2007
Source: Realty Studies at ASU's Polytechnic Campus.
Depending upon whether you are a buyer or seller, there is a slight bit of both good and bad news in the East Valley real estate market. Some median home prices and home sales increased and decreased comparing April.2006 to April 2007.
Ahwatukee Real Estate.
Median home prices dropped by about 14.8% vs 2006. The number of home sales increased from 120 in April '06 to 125 in April '07.
Chandler Real Estate.
Median home prices increased slightly vs 2006 by 1%. The number of home sales dropped from 375 in April '06 from 405 in April '07.
Gilbert Real Estate.
Median home prices dropped by about 13% vs 2006. The number of home sales dropped from 310 in April '06 to 285 in April '07.
Mesa Real Estate.
Median home prices dropped by about 4.6% vs 2006. The number of home sales declined from 660 in April '06 to 530 in April '07.
Tempe Real Estate.
Median home prices increased by about 3.6% vs 2006. The number of home sales declined form 16o in April '06 to 120 in April '07.
Depending upon whether you are a buyer or seller, there is a slight bit of both good and bad news in the East Valley real estate market. Some median home prices and home sales increased and decreased comparing April.2006 to April 2007.
Median Prices of Single Family Homes
| Community | April '06 | April '07 | % Change |
|---|---|---|---|
| Ahwatukee | $381,500 | $325,000 | -14.8% |
| Chandler | $295,000 | $297,950 | +1.0% |
| Gilbert | $339,000 | $295,195 | -13% |
| Mesa | $245,900 | $234,510 | -4.6% |
| Tempe | $275,000 | $285,000 | +3.6% |
Ahwatukee Real Estate.
Median home prices dropped by about 14.8% vs 2006. The number of home sales increased from 120 in April '06 to 125 in April '07.
Chandler Real Estate.
Median home prices increased slightly vs 2006 by 1%. The number of home sales dropped from 375 in April '06 from 405 in April '07.
Gilbert Real Estate.
Median home prices dropped by about 13% vs 2006. The number of home sales dropped from 310 in April '06 to 285 in April '07.
Mesa Real Estate.
Median home prices dropped by about 4.6% vs 2006. The number of home sales declined from 660 in April '06 to 530 in April '07.
Tempe Real Estate.
Median home prices increased by about 3.6% vs 2006. The number of home sales declined form 16o in April '06 to 120 in April '07.
posted by Team Best Phoenix at
6:26 PM
