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Grand Canyon Times

Wednesday, November 6, 2024

Carefree home prices fall in January 2018

Re 1

The median sale price of a home sold in January 2018 in Carefree fell by $77,500 while total sales increased by 25%, according to BlockShopper.com.

In January 2018, there were 15 homes sold, with a median sale price of $480,000 - a 13.9% decrease over the $557,500 median sale price for the same period of the previous year. There were 12 homes sold in Carefree in January 2017.

The median sales tax in Carefree for the most recent year with available data, 2017, was $2,602, approximately 0.5% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley362263.6%$1,962,500$1,430,50037.2%
Cave Creek (unincorporated) 67-14.3%$709,500$394,00080.1%
Gilbert (unincorporated)110%$600,000$585,0002.6%
Laveen (unincorporated) 220%$579,250$295,00096.4%
Scottsdale (unincorporated) 63100%$566,000$875,000-35.3%
Carefree151225%$480,000$557,500-13.9%
Rio Verde (unincorporated) 147100%$456,400$535,000-14.7%
Cave Creek10666.7%$456,250$727,500-37.3%
Peoria (unincorporated) 82300%$406,000$345,45017.5%
Scottsdale5705219.4%$399,500$392,0001.9%
Fountain Hills745827.6%$350,000$342,5002.2%

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