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Thursday, November 7, 2024

Litchfield Park (unincorporated) home prices rise in the fourth quarter of 2017

Re 12

The median sale price of a home sold in the fourth quarter of 2017 in Litchfield Park (unincorporated) rose by $27,145 while total sales increased by 8.8%, according to BlockShopper.com.

From October through December of 2017, there were 111 homes sold, with a median sale price of $261,500 - a 11.6% increase over the $234,355 median sale price for the same period of the previous year. There were 102 homes sold in Litchfield Park (unincorporated) in the fourth quarter of 2016.

The median sales tax in Litchfield Park (unincorporated) for 2017 was $1,676. In 2016, the median sales tax was $1,582. This marks an increase of 5.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Litchfield Park (unincorporated) to other Maricopa County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Uninc-85387/Surprise North393125.8%$286,205$280,9901.9%
Chandler1,1221,196-6.2%$280,000$260,901.507.3%
Waddell (unincorporated) 7482-9.8%$277,500$237,40016.9%
New River (unincorporated) 1319-31.6%$275,000$321,500-14.5%
Tempe5475048.5%$270,500$250,0008.2%
Litchfield Park (unincorporated) 1111028.8%$261,500$234,35511.6%
Buckeye (unincorporated)2935-17.1%$260,000$200,00030%
Uninc-85383/Peoria North1370-81.4%$259,900$240,2618.2%
Goodyear518574-9.8%$259,000$233,00011.2%
Peoria865917-5.7%$252,000$234,0007.7%
Wickenburg2943-32.6%$240,000$190,00026.3%

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