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Grand Canyon Times

Tuesday, November 5, 2024

Carefree home prices fall in May 2018

Re 4

The median sale price of a home sold in May 2018 in Carefree fell by $182,000 while total sales increased by 13.3%, according to BlockShopper.com.

In May 2018, there were 17 homes sold, with a median sale price of $590,000 - a 23.6% decrease over the $772,000 median sale price for the same period of the previous year. There were 15 homes sold in Carefree in May 2017.

The median sales tax in Carefree for the most recent year with available data, 2017, was $2,602, approximately 0.4% of the median home sale price for May 2018.

The following table compares Carefree 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)
Uninc-85262/Tonto National Forest26-66.7%$1,930,000$302,000539.1%
Paradise Valley4149-16.3%$1,650,000$1,400,00017.9%
Paradise Valley (unincorporated) 12-50%$1,075,000$1,915,000-43.9%
Uninc-85249/Chandler South Central110%$900,000$160,000462.5%
Peoria (unincorporated) 45-20%$683,180$530,00028.9%
Carefree171513.3%$590,000$772,000-23.6%
Scottsdale (unincorporated) 440%$580,925$515,00012.8%
Laveen (unincorporated) 24-50%$485,750$255,50090.1%
Cave Creek (unincorporated) 612-50%$479,500$550,450-12.9%
Cave Creek151225%$475,000$522,000-9%
Rio Verde (unincorporated) 13862.5%$441,800$367,50020.2%

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