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Thursday, November 7, 2024

Queen Creek home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Queen Creek rose by $35,000 while total sales increased by 3.3%, according to BlockShopper.com.

From October through December of 2017, there were 251 homes sold, with a median sale price of $330,000 - a 11.9% increase over the $295,000 median sale price for the same period of the previous year. There were 243 homes sold in Queen Creek in the fourth quarter of 2016.

The median sales tax in Queen Creek for 2017 was $2,324. In 2016, the median sales tax was $2,214. This marks an increase of 5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Queen Creek 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)
Goodyear (unincorporated) 31200%$381,712$304,00025.6%
Fountain Hills21919810.6%$355,000$319,95011%
Queen Creek (unincorporated) 13128.3%$350,000$352,500-0.7%
Phoenix (unincorporated) 2222134.2%$339,500$295,00015.1%
Laveen (unincorporated) 12120%$332,500$318,2504.5%
Queen Creek2512433.3%$330,000$295,00011.9%
Uninc-85351/Sun City-Youngtown226-92.3%$325,000$164,57497.5%
Gilbert1,2291,240-0.9%$296,900$272,0009.2%
Uninc-85262/Tonto National Forest13944.4%$295,000$525,000-43.8%
Chandler (unincorporated) 1661613.1%$293,500$255,00015.1%
Wittmann (unincorporated) 332817.9%$290,000$266,0009%

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