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Wednesday, November 6, 2024

Peoria (unincorporated) home prices fall in the first quarter of 2018

Re 12

The median sale price of a home sold in the first quarter of 2018 in Peoria (unincorporated) fell by $2,450 while total sales increased by 130%, according to BlockShopper.com.

From January through March of 2018, there were 23 homes sold, with a median sale price of $430,000 - a 0.6% decrease over the $432,450 median sale price for the same period of the previous year. There were 10 homes sold in Peoria (unincorporated) in the first quarter of 2017.

The median sales tax in Peoria (unincorporated) for the most recent year with available data, 2017, was $2,647, approximately 0.6% of the median home sale price for the first quarter of 2018.

The following table compares Peoria (unincorporated) 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)
Cave Creek (unincorporated) 1726-34.6%$565,000$470,00020.2%
Scottsdale (unincorporated) 282040%$551,000$477,50015.4%
Cave Creek282040%$527,250$587,450-10.2%
Rio Verde (unincorporated) 403129%$471,950$475,000-0.6%
Uninc-85262/Tonto National Forest11837.5%$450,000$618,198-27.2%
Peoria (unincorporated) 2310130%$430,000$432,450-0.6%
Scottsdale1,8781,7785.6%$418,000$390,0007.2%
New River (unincorporated) 2428-14.3%$389,950$331,50017.6%
Laveen (unincorporated) 12771.4%$368,750$310,00019%
Fountain Hills25822017.3%$342,500$350,000-2.1%
Queen Creek (unincorporated) 12119.1%$339,950$315,0007.9%

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