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Grand Canyon Times

Wednesday, November 6, 2024

Carefree home prices rise in February 2018

Re 7

The median sale price of a home sold in February 2018 in Carefree rose by $430,000 while total sales decreased by 53.3%, according to BlockShopper.com.

In February 2018, there were seven homes sold, with a median sale price of $750,000 - a 134.4% increase over the $320,000 median sale price for the same period of the previous year. There were 15 homes sold in Carefree in February 2017.

The median sales tax in Carefree for the most recent year with available data, 2017, was $2,602, approximately 0.3% of the median home sale price for February 2018.

The following table compares Carefree 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)
Paradise Valley262123.8%$1,670,000$1,325,00026%
Paradise Valley (unincorporated) 20-$1,466,250$0-
Carefree715-53.3%$750,000$320,000134.4%
Gilbert (unincorporated)21100%$583,750$374,90055.7%
Cave Creek (unincorporated) 411-63.6%$564,000$490,00015.1%
Uninc-85262/Tonto National Forest62200%$554,500$496,68011.6%
New River (unincorporated) 210-80%$532,500$300,00077.5%
Cave Creek73133.3%$520,000$539,900-3.7%
Scottsdale (unincorporated) 12933.3%$500,000$470,0006.4%
Rio Verde (unincorporated) 68-25%$475,000$415,00014.5%
Scottsdale59151514.8%$420,000$379,00010.8%

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