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Wednesday, November 6, 2024

Peoria home prices rise in February 2018

Re 13

The median sale price of a home sold in February 2018 in Peoria rose by $24,500 while total sales increased by 6.2%, according to BlockShopper.com.

In February 2018, there were 275 homes sold, with a median sale price of $259,500 - a 10.4% increase over the $235,000 median sale price for the same period of the previous year. There were 259 homes sold in Peoria in February 2017.

The median sales tax in Peoria for the most recent year with available data, 2017, was $1,610, approximately 0.6% of the median home sale price for February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Waddell (unincorporated) 1722-22.7%$280,000$220,00027.3%
Tempe20714443.8%$279,000$245,55013.6%
Litchfield Park (unincorporated) 433330.3%$269,900$258,5004.4%
Chandler (unincorporated) 5557-3.5%$265,000$266,500-0.6%
Goodyear154157-1.9%$264,229$238,19010.9%
Peoria2752596.2%$259,500$235,00010.4%
Sun City West (unincorporated)1081034.9%$244,625$204,00019.9%
Surprise286287-0.3%$243,750$212,00015%
Mesa6385976.9%$240,000$217,00010.6%
Glendale (unincorporated) 57-28.6%$232,500$189,00023%
Phoenix2,3812,1709.7%$224,900$206,5008.9%

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