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Wednesday, November 6, 2024

Litchfield Park home prices fall in the first quarter of 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Litchfield Park fell by $101,550 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2018, there were 32 homes sold, with a median sale price of $317,450 - a 24.2% decrease over the $419,000 median sale price for the same period of the previous year. There were 24 homes sold in Litchfield Park in the first quarter of 2017.

The median sales tax in Litchfield Park for the most recent year with available data, 2017, was $2,164, approximately 0.7% of the median home sale price for the first quarter of 2018.

The following table compares Litchfield Park to other Maricopa County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Fountain Hills25822017.3%$342,500$350,000-2.1%
Queen Creek (unincorporated) 12119.1%$339,950$315,0007.9%
Phoenix (unincorporated) 2442248.9%$331,000$300,00010.3%
Queen Creek224229-2.2%$330,306.50$296,00011.6%
Goodyear (unincorporated) 41300%$328,500$349,000-5.9%
Litchfield Park322433.3%$317,450$419,000-24.2%
Wickenburg (unincorporated) 124200%$315,500$330,000-4.4%
Gilbert1,2481,1835.5%$305,000$280,0008.9%
Uninc-85375/Sun City West12-50%$301,000$391,500-23.1%
Chandler (unincorporated) 1931863.8%$290,000$266,5008.8%
Chandler1,2341,1566.7%$289,000$265,5008.9%

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