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Metro Phoenix Real Estate Market Update: 2/9/15 – 2/15/15

February 16, 2015 by jjanus Leave a Comment

Metro Phoenix Real Estate Market Update: 2/9/15 – 2/15/15

Median and Average sold prices for 2/9/15 to 2/15/15:

  • The median sales price for 238 single family homes that sold in Phoenix was $181,250 and the average was $247,207. Average days on market was 82.82.
  • The median sales price for 63 single family homes that sold in Scottsdale was $500,000 and the average was $721,727. Average days on market was 100.33
  • The median and average sales price for the two single family homes that sold in Paradise Valley was $1,039,125. Average days on market was 211.

Currently active listing data:

  • 4,093 homes currently for sale in Phoenix – median list price: $269,000 ; average days on market: 94.
  • 2,610 homes currently for sale in Scottsdale – median list price: $775,000 ; average days on market: 138.
  • 432 homes currently for sale in Paradise Valley – median list price: $2,097,000 ; average days on market: 187.

The table and analysis below provide a Metro Phoenix Real Estate Market Update for single family home sales in Avondale, Chandler, Gilbert, Glendale, Goodyear, Mesa, Paradise Valley, Phoenix, Scottsdale, and Tempe, AZ during the week of 2/9/15 to 2/15/15. This can give you insight into your home’s value or where you may want to concentrate your home search if you are looking to buy a home in Metro Phoenix. It helps you identify average home values, average price per square foot and how long, on average, homes are taking to sell by zip code in Metro Phoenix, AZ.

We hope that you find the data in these Phoenix real estate market updates helpful. Please contact us if you are looking to buy or sell a home in metro Phoenix. We would love to help! 602.620.6267

City/Zip # of Sales Avg Price/SqFt Avg Sold Price Avg List Price Avg Days on Market Ratio of SP to LP
Avondale 21 $92.29 $186,131 $188,976 104 98.49%
85323 14 $91.50 $173,198 $176,471 101 98.15%
85392 7 $93.88 $211,999 $213,986 110 99.07%
Chandler 61 $135.64 $283,456 $289,377 96 97.95%
85224 16 $135.05 $256,925 $264,093 68 97.29%
85225 11 $119.11 $215,709 $222,258 127 97.05%
85226 6 $150.67 $230,379 $232,633 52 99.03%
85248 6 $146.34 $423,233 $434,400 165 97.43%
85249 12 $133.07 $328,600 $330,652 104 99.38%
85286 10 $142.42 $294,233 $301,167 80 97.70%
Gilbert 54 $130.46 $275,894 $280,041 76 98.52%
85233 8 $136.78 $256,500 $261,575 76 98.06%
85234 6 $145.48 $299,558 $303,808 45 98.60%
85295 15 $123.60 $236,967 $241,760 81 98.02%
85296 9 $131.81 $269,158 $275,149 95 97.82%
85297 12 $119.52 $319,417 $323,167 91 98.84%
85298 4 $150.83 $309,750 $306,500 22 101.06%
Glendale 58 $105.82 $186,066 $189,964 75 97.95%
85301 11 $81.74 $141,255 $144,918 79 97.47%
85302 8 $106.15 $179,375 $182,838 80 98.11%
85303 5 $95.56 $156,620 $158,400 52 98.88%
85304 5 $96.18 $153,060 $157,520 44 97.17%
85305 1 $108.69 $235,000 $239,900 114 97.96%
85306 4 $97.34 $148,000 $144,950 57 102.10%
85307 1 $68.87 $150,000 $154,900 7 96.84%
85308 16 $121.87 $216,025 $222,288 108 97.18%
85310 7 $130.49 $260,171 $264,329 40 98.43%
Goodyear 19 $101.46 $221,773 $225,482 111 98.36%
85338 12 $93.18 $215,524 $218,814 131 98.50%
85395 7 $115.65 $232,486 $236,914 76 98.13%
Mesa 101 $119.67 $227,648 $209,859 80 108.48%
85201 4 $100.59 $242,400 $242,423 41 99.99%
85202 3 $464.17 $1,037,967 $213,267 43 486.70%
85203 5 $100.58 $163,280 $170,420 131 95.81%
85204 9 $97.32 $156,944 $161,966 60 96.90%
85205 12 $96.04 $148,550 $169,158 82 87.82%
85206 13 $113.54 $179,193 $183,787 41 97.50%
85207 10 $136.71 $302,529 $313,780 130 96.41%
85208 12 $101.29 $154,615 $156,233 78 98.96%
85209 9 $106.69 $229,433 $237,189 92 96.73%
85210 6 $111.66 $222,833 $228,233 40 97.63%
85212 14 $114.17 $251,280 $252,131 106 99.66%
85213 2 $111.71 $125,000 $130,500 26 95.79%
85215 2 $124.91 $258,750 $274,886 117 94.13%
Paradise Valley 2 $301.48 $1,039,125 $1,169,500 211 88.85%
85253 2 $301.48 $1,039,125 $1,169,500 211 88.85%
Phoenix 238 $121.85 $247,207 $256,699 83 96.30%
85003 1 $126.27 $210,000 $164,300 3 127.81%
85006 6 $126.64 $147,991 $153,200 58 96.60%
85007 8 $128.03 $253,531 $263,694 69 96.15%
85008 3 $110.32 $169,333 $174,967 38 96.78%
85009 8 $78.35 $98,900 $103,400 85 95.65%
85012 1 $233.94 $710,000 $740,000 11 95.95%
85014 3 $113.28 $229,228 $236,633 41 96.87%
85015 2 $51.54 $82,000 $82,880 43 98.94%
85016 3 $254.14 $727,167 $806,667 37 90.14%
85017 7 $82.47 $106,629 $109,800 56 97.11%
85018 10 $255.71 $850,850 $910,640 133 93.43%
85019 4 $75.83 $111,250 $113,250 47 98.23%
85020 10 $162.37 $400,869 $431,839 165 92.83%
85021 6 $130.99 $265,508 $269,350 85 98.57%
85022 10 $137.62 $227,989 $231,900 121 98.31%
85023 6 $122.51 $306,775 $319,065 176 96.15%
85024 8 $143.78 $235,238 $241,138 68 97.55%
85027 7 $119.14 $175,214 $178,171 29 98.34%
85028 4 $153.40 $314,500 $331,750 99 94.80%
85029 9 $87.38 $139,867 $144,477 55 96.81%
85031 2 $76.05 $113,450 $112,450 15 100.89%
85032 12 $139.69 $225,650 $229,792 51 98.20%
85033 8 $76.18 $115,900 $117,388 115 98.73%
85035 5 $78.23 $100,700 $101,000 32 99.70%
85037 8 $90.64 $144,063 $150,650 63 95.63%
85040 4 $51.22 $68,250 $70,300 67 97.08%
85041 12 $77.13 $149,052 $150,752 79 98.87%
85042 9 $116.23 $196,494 $202,433 92 97.07%
85043 7 $90.34 $153,222 $154,071 44 99.45%
85044 6 $150.47 $262,917 $275,133 79 95.56%
85045 1 $138.22 $575,000 $579,000 130 99.31%
85048 13 $148.78 $360,042 $367,808 108 97.89%
85050 4 $153.13 $255,250 $261,100 43 97.76%
85051 11 $82.52 $147,459 $149,136 97 98.88%
85053 4 $87.34 $168,813 $179,338 77 94.13%
85054 1 $209.60 $480,000 $495,500 125 96.87%
85083 3 $150.92 $274,100 $281,600 61 97.34%
85085 5 $119.93 $303,900 $311,680 107 97.50%
85086 7 $125.81 $317,957 $325,661 107 97.63%
Scottsdale 63 $215.44 $721,727 $748,144 100 96.47%
85250 1 $245.54 $514,900 $514,900 43 100.00%
85251 4 $237.29 $605,625 $620,975 34 97.53%
85254 13 $186.84 $401,192 $417,500 62 96.09%
85255 16 $270.23 $1,229,125 $1,291,338 163 95.18%
85257 4 $148.25 $238,000 $256,600 46 92.75%
85258 1 $181.78 $505,000 $515,000 266 98.06%
85259 4 $206.39 $807,375 $791,975 135 101.94%
85260 6 $168.28 $417,583 $438,533 59 95.22%
85262 10 $207.68 $778,490 $802,090 114 97.06%
85266 4 $234.69 $668,250 $671,000 60 99.59%
Tempe 22 $136.09 $264,680 $274,305 84 96.49%
85281 2 $121.35 $197,500 $211,200 63 93.51%
85282 10 $132.26 $253,946 $262,650 67 96.69%
85283 6 $132.60 $198,583 $206,983 66 95.94%
85284 4 $158.26 $424,250 $435,975 164 97.31%
Grand Total 639 $130.80 $291,551 $297,092 86 98.13%

*The data analyzed is from the Arizona Regional Multiple Listing Service (ARMLS).


The Joe Janus Real Estate – Trusted Real Estate Professionals Helping You Live You in Phoenix, Scottsdale and Paradise Valley, Arizona | info@joejanus.com | 602.620.6267

Filed Under: Market Statistics

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