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Metro Phoenix Real Estate Market Update: 7/7/14 – 7/13/14

July 14, 2014 by jjanus Leave a Comment

For a Metro Phoenix real estate market update the table below summarizes all of the single family home sales that closed in Phoenix, Scottsdale, Paradise Valley, Chandler, Gilbert, Glendale, Mesa and Tempe AZ during the week of 7/7/14 to 7/13/14. This data 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.Avg Price Per SqFt Phoenix Zip Codes 7.7.14-7.13.14

The Phoenix real estate market saw 264 closings during the week with an average price per square foot being $122.72. The average days on market for these home sales was 69 days and on average they sold at 96.72% of their list price.

The orange table summarizes all active listings as of the date of this post:

Active Phoenix Real Estate Listings
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 Sold to LP
Chandler 69 $130.84 $289,186 $296,909 57 97.40%
85224 6 $112.59 $230,083 $240,767 36 95.56%
85225 21 $129.81 $223,110 $225,447 32 98.96%
85226 10 $141.44 $237,740 $244,260 47 97.33%
85248 3 $140.67 $384,333 $395,967 30 97.06%
85249 18 $132.37 $350,799 $360,594 82 97.28%
85286 11 $127.93 $367,564 $380,595 89 96.58%
Gilbert 90 $127.24 $289,104 $295,351 65 97.88%
85233 13 $124.45 $248,238 $250,523 54 99.09%
85234 15 $127.99 $318,263 $324,024 78 98.22%
85295 22 $129.22 $288,809 $295,688 69 97.67%
85296 12 $124.44 $275,623 $280,826 66 98.15%
85297 16 $122.53 $299,885 $309,394 42 96.93%
85298 12 $134.80 $296,575 $303,258 84 97.80%
Glendale 55 $105.46 $198,124 $201,832 68 98.16%
85301 9 $73.88 $125,644 $127,800 56 98.31%
85302 7 $98.54 $167,579 $170,557 26 98.25%
85303 5 $88.22 $120,945 $119,940 35 100.84%
85304 4 $98.07 $172,125 $179,125 58 96.09%
85305 3 $108.03 $186,333 $185,666 52 100.36%
85306 4 $97.89 $178,688 $180,700 66 98.89%
85308 17 $120.21 $228,939 $233,056 107 98.23%
85310 6 $142.15 $355,667 $366,450 73 97.06%
Mesa 92 $111.34 $210,737 $215,321 69 97.87%
85201 6 $103.47 $182,167 $182,967 68 99.56%
85202 2 $102.93 $230,500 $237,000 121 97.26%
85203 9 $104.43 $221,378 $224,111 47 98.78%
85204 5 $109.60 $181,600 $182,540 48 99.49%
85205 11 $110.31 $206,473 $209,873 87 98.38%
85206 8 $114.13 $176,550 $179,463 58 98.38%
85207 7 $118.26 $237,714 $248,429 85 95.69%
85208 11 $104.36 $170,536 $179,927 74 94.78%
85209 10 $112.40 $232,690 $238,015 69 97.76%
85210 3 $118.09 $170,167 $174,167 46 97.70%
85212 9 $109.90 $246,639 $248,394 66 99.29%
85213 7 $118.66 $239,771 $243,214 51 98.58%
85215 4 $130.19 $243,588 $251,200 103 96.97%
Paradise Valley 5 $335.10 $1,640,400 $1,755,390 179 93.45%
85253 5 $335.10 $1,640,400 $1,755,390 179 93.45%
Phoenix 264 $122.72 $241,027 $249,191 69 96.72%
85003 1 $54.62 $64,350 $69,900 11 92.06%
85006 4 $115.99 $130,750 $129,475 44 100.98%
85007 4 $171.50 $337,725 $340,900 63 99.07%
85008 5 $99.72 $173,300 $184,160 101 94.10%
85009 3 $72.52 $78,000 $82,300 120 94.78%
85013 4 $153.93 $262,150 $266,375 67 98.41%
85014 3 $144.63 $265,000 $267,966 119 98.89%
85015 3 $112.49 $168,833 $169,967 76 99.33%
85016 9 $158.40 $264,567 $287,444 45 92.04%
85017 4 $74.33 $115,100 $115,825 68 99.37%
85018 10 $235.25 $730,980 $794,660 112 91.99%
85019 4 $80.00 $104,250 $105,925 17 98.42%
85020 3 $209.22 $505,833 $531,000 86 95.26%
85021 9 $147.01 $314,989 $324,878 75 96.96%
85022 9 $134.33 $329,889 $341,189 73 96.69%
85023 9 $108.31 $216,478 $217,500 84 99.53%
85024 13 $134.93 $256,462 $266,123 81 96.37%
85027 8 $117.16 $206,987 $208,350 29 99.35%
85028 4 $138.00 $295,100 $299,925 148 98.39%
85029 9 $99.48 $159,633 $163,011 62 97.93%
85031 3 $61.67 $97,667 $102,667 32 95.13%
85032 17 $134.28 $225,620 $229,313 66 98.39%
85033 10 $77.06 $113,600 $116,030 69 97.91%
85035 5 $84.61 $118,840 $119,960 33 99.07%
85037 9 $84.57 $133,222 $132,289 41 100.71%
85040 6 $81.86 $128,750 $131,700 35 97.76%
85041 18 $82.88 $142,183 $146,238 71 97.23%
85042 6 $100.69 $202,967 $216,267 67 93.85%
85043 7 $97.99 $142,866 $143,895 66 99.29%
85044 11 $139.54 $262,445 $265,191 70 98.96%
85045 2 $115.96 $334,000 $334,950 231 99.72%
85048 8 $141.92 $305,500 $309,775 64 98.62%
85050 13 $160.70 $323,339 $333,238 63 97.03%
85051 2 $77.97 $114,000 $114,000 25 100.00%
85053 8 $94.71 $137,713 $144,225 54 95.48%
85054 1 $204.45 $735,000 $750,000 113 98.00%
85083 4 $124.04 $304,354 $316,725 75 96.09%
85085 8 $126.55 $289,875 $297,888 79 97.31%
85086 8 $138.54 $298,313 $308,213 65 96.79%
Scottsdale 81 $194.77 $524,476 $552,957 97 94.85%
85250 4 $188.54 $338,675 $359,850 50 94.12%
85251 9 $197.94 $440,263 $464,900 97 94.70%
85254 11 $194.24 $459,091 $471,482 123 97.37%
85255 7 $213.10 $654,286 $691,271 81 94.65%
85257 8 $149.42 $224,625 $233,838 66 96.06%
85258 9 $211.93 $584,889 $599,089 135 97.63%
85259 7 $202.51 $664,500 $699,671 93 94.97%
85260 14 $176.48 $405,572 $447,608 86 90.61%
85262 8 $224.70 $892,500 $944,219 92 94.52%
85266 4 $206.02 $751,250 $790,088 138 95.08%
Tempe 29 $139.70 $279,070 $285,741 70 97.67%
85281 6 $123.20 $224,983 $236,133 40 95.28%
85282 9 $129.19 $242,167 $250,956 98 96.50%
85283 5 $134.81 $274,529 $277,880 82 98.79%
85284 9 $163.92 $354,555 $357,967 56 99.05%
Grand Total 685 $132.04 $290,024 $300,172 71 96.62%

*The data analyzed is from the Arizona Regional Multiple Listing Service (ARMLS) for Chandler, Gilbert, Glendale, Mesa, Paradise Valley, Phoenix, Scottsdale and Tempe, Arizona.


Joe Janus & James Plotnik, real estate agents and Realtors® specializing in the buying and selling of Distinctive Homes in Phoenix, Scottsdale and Paradise Valley, Arizona.

Filed Under: Market Statistics Tagged With: Gilbert Real Estate, Glendale Real Estate, Mesa Real Estate, Paradise Valley Real Estate, Phoenix Real Estate, Phoenix Real Estate Market Update, Scottsdale Real Estate, Tempe Real Estate

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