Quantcast

Grand Canyon Times

Wednesday, November 6, 2024

Carefree home prices rise in the first quarter of 2018

Re 5

The median sale price of a home sold in the first quarter of 2018 in Carefree rose by $125,250 while total sales increased by 10%, according to BlockShopper.com.

From January through March of 2018, there were 44 homes sold, with a median sale price of $645,250 - a 24.1% increase over the $520,000 median sale price for the same period of the previous year. There were 40 homes sold in Carefree in the first quarter of 2017.

The median sales tax in Carefree for the most recent year with available data, 2017, was $2,602, approximately 0.4% of the median home sale price for the first quarter of 2018.

The following table compares Carefree 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)
Paradise Valley1057932.9%$1,800,000$1,436,00025.3%
Paradise Valley (unincorporated) 7475%$1,715,000$1,229,50039.5%
Uninc-85249/Chandler South Central15-80%$854,500$289,000195.7%
Carefree444010%$645,250$520,00024.1%
Gilbert (unincorporated)52150%$600,000$479,95025%
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%

MORE NEWS