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Saturday, November 23, 2024

Tolleson home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Tolleson fell by $28,700 while total sales increased by 20%, according to BlockShopper.com.

In May 2018, there were six homes sold, with a median sale price of $155,300 - a 15.6% decrease over the $184,000 median sale price for the same period of the previous year. There were five homes sold in Tolleson in May 2017.

The median sales tax in Tolleson for the most recent year with available data, 2017, was $645, approximately 0.4% of the median home sale price for May 2018.

The following table compares Tolleson to other Maricopa County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
El Mirage6873-6.8%$200,000$175,00014.3%
Mesa (unincorporated) 7089-21.3%$186,500$185,0000.8%
Wickenburg (unincorporated) 5366.7%$170,000$390,000-56.4%
Sun City (unincorporated) 243279-12.9%$165,000$157,5004.8%
Morristown (unincorporated)31200%$165,000$309,000-46.6%
Tolleson6520%$155,300$184,000-15.6%
Glendale (unincorporated) 68-25%$145,000$184,750-21.5%
Youngtown1425-44%$138,500$143,750-3.7%
Tonopah (unincorporated) 35-40%$89,000$90,000-1.1%
Gila Bend110%$65,000$20,000225%
Uninc-85207/Apache Junction13-66.7%$45,000$640,000-93%

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