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Thursday, April 25, 2024

El Mirage home prices rise in May 2018

Re 8

The median sale price of a home sold in May 2018 in El Mirage rose by $25,000 while total sales decreased by 6.8%, according to BlockShopper.com.

In May 2018, there were 68 homes sold, with a median sale price of $200,000 - a 14.3% increase over the $175,000 median sale price for the same period of the previous year. There were 73 homes sold in El Mirage in May 2017.

The median sales tax in El Mirage for the most recent year with available data, 2017, was $893, approximately 0.4% of the median home sale price for May 2018.

The following table compares El Mirage 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)
Phoenix2,7333,242-15.7%$234,000$211,00010.9%
Avondale155174-10.9%$230,000$215,0007%
Glendale347436-20.4%$225,000$218,2503.1%
Uninc-85326/Buckeye23-33.3%$218,000$51,662322%
Buckeye2182056.3%$212,750$202,0505.3%
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%

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