Phoenix Weekly Real Estate Market Update

2/9/08 2/16/08 2/23/08 3/1/08 3/8/08
Ahwatukee
Active Listings 709 714 715 707 711
Average List Price $509,507 $511,084 $518,428 $523,558 $533,453
Average Days on Market 144 143 143 142 143
Prior Week          
Sale Recorded (Closed) 15 14 6 15 14
Average List Price $446,673 $507,653 $293,633 $383,141 $275,617
Average Sales Price $419,493 $480,714 $284,483 $351,860 $263,750
Average Days on Market 230 210 85 148 109
Pending* 25 22 42 34 25
Chandler
Active Listings 2103 2131 2139 2122 2118
Average List Price $431,053 $427,519 $426,564 $425,248 $426,594
Average Days on Market 137 135 136 136 135
Prior Week          
Sale Recorded (Closed) 11 44 37 60 43
Average List Price $657,145 $281,713 $300,554 $353,966 $312,304
Average Sales Price $603,263 $270,078 $289,995 $335,135 $301,890
Average Days on Market 148 164 127 149 102
Pending* 95 80 68 78 78
Fountain Hills
Active Listings 502 504 508 520 520
Average List Price $1,051,607 $1,042,258 $1,039,856 $1,055,478 $1,052,129
Average Days on Market 178 178 180 180 184
Prior Week          
Sale Recorded (Closed) 4 6 3 7 7
Average List Price $510,849 $686,048 $514,633 $1,364,685 $1,184,628
Average Sales Price $483,000 $654,500 $491,666 $1,250,642 $1,144,328
Average Days on Market 149 117 203 108 277
Pending* 14 11 15 9 7
Gilbert
Active Listings 2453 2457 2443 2438 2448
Average List Price $405,233 $406,082 $406,758 $406,255 $406,379
Average Days on Market 131 132 132 130 131
Prior Week          
Sale Recorded (Closed) 22 30 42 88 40
Average List Price $302,649 $378,065 $288,552 $316,281 $334,748
Average Sales Price $291,437 $358,496 $275,796 $303,000 $313,764
Average Days on Market 150 113 165 102 158
Pending* 80 92 98 98 100
Maricopa
Active Listings 949 961 963 957 946
Average List Price $221,194 $219,116 $218,311 $217,408 $215,359
Average Days on Market 126 125 125 122 123
Prior Week          
Sale Recorded (Closed) 7 15 11 31 13
Average List Price $194,953 $203,579 $175,848 $192,362 $188,037
Average Sales Price $190,739 $197,552 $162,797 $184,553 $182,341
Average Days on Market 102 134 69 104 95
Pending* 32 36 48 34 37
Mesa
Active Listings 3430 3484 3486 3445 3486
Average List Price $367,271 $367,588 $368,529 $369,742 $363,401
Average Days on Market 136 136 137 137 137
Prior Week          
Sale Recorded (Closed) 43 45 57 95 43
Average List Price $234,156 $238,926 $245,510 $249,400 $316,813
Avg Sales Price $223,212 $229,227 $235,513 $240,133 $303,002
Average Days on Market 143 115 136 137 158
Pending* 97 121 118 124 127
Paradise Valley
Active Listings 432 439 445 443 460
Average List Price $3,722,507 $3,696,307 $3,673,184 $3,699,536 $3,625,117
Average Days on Market 193 192 197 199 196
Prior Week          
Sale Recorded (Closed) 1 2 2 3 1
Average List Price $1,550,000 $1,460,000 $1,607,450 $3,415,000 $1,299,000
Average Sales Price $1,425,000 $1,412,500 $1,575,500 $3,149,666 $1,116,000
Average Days on Market 221 81 28 323 260
Pending* 7 6 8 9 3
Queen Creek
Active Listings 2064 2086 2075 2061 2011
Average List Price $283,345 $281,141 $281,484 $278,930 $280,202
Average Days on Market 128 129 131 130 131
Prior Week          
Sale Recorded (Closed) 18 41 26 52 35
Average List Price $184,163 $231,734 $170,829 $203,877 $190,944
Average Sales Price $177,750 $221,019 $163,640 $199,597 $182,349
Average Days on Market 101 134 116 96 101
Pending* 70 73 92 94 113
Scottsdale
Active Listings 4226 4225 4265 4256 4297
Average List Price $1,272,694 $1,275,685 $1,273,300 $1,270,583 $1,263,124
Average Days on Market 167 168 170 168 169
Prior Week          
Sale Recorded (Closed) 26 48 50 85 41
Average List Price $794,158 $787,820 $718,253 $968,823 $947,824
Average Sales Price $731,606 $729,762 $669,977 $883,219 $886,373
Average Days on Market 104 141 164 172 143
Pending* 74 107 84 96 104
Sun Lakes
Active Listings 294 293 289 291 303
Average List Price $328,961 $329,690 $329,194 $326,417 $325,923
Average Days on Market 179 179 186 183 176
Prior Week          
Sale Recorded (Closed) 2 5 5 5 5
Average List Price $264,450 $255,380 $352,360 $287,180 $279,360
Average Sales Price $251,000 $236,800 $325,400 $267,800 $268,400
Average Days on Market 320 48 119 150 145
Pending* 6 13 12 9 8
Tempe
Active Listings 537 544 553 550 553
Average List Price $380,841 $386,366 $381,892 $382,443 $384,266
Average Days on Market 121 124 122 121 124
Prior Week          
Sale Recorded (Closed) 2 10 10 18 18
Average List Price $214,900 $313,620 $296,030 $274,211 $360,822
Average Sales Price $208,000 $299,280 $282,500 $259,027 $343,416
Average Days on Market 135 151 133 90 125
Pending* 21 18 21 26 22

 

Updated 3/9/2008

For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountains communities of Pinetop/Lakes & Show Low.  Search the Arizona MLS

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  1. […] Real Estate GuideBook Online – Building-a-Home, Buying, Foreclosures, Homes, Investing, Leasing-Rent… wrote an interesting post today onHere’s a quick excerptPhoenix Weekly Real Estate Market Update March 10th, 2008 — Homes for Sale in Ahwatukee, Homes for sale in Chandler, Homes for sale in Fountain Hills, Homes for sale in Gilbert, Homes for sale in Maricopa, Homes for sale in Mesa, Homes for sale in Paradise Valley, Homes for sale in Queen Creek, Homes for sale in Scottsdale, Homes for sale in Sun Lakes, Homes for sale in Tempe, Market Update 2/9/08 2/16/08 2/23/08 3/1/08 3/8/08 Ahwatukee Active Listings 709 714 715 707 711 Average […]