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Grand Canyon Times

Wednesday, November 6, 2024

Peoria (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 Peoria (unincorporated) rose by $21,200 while total sales decreased by 6.7%, according to BlockShopper.com.

From October through December of 2017, there were 14 homes sold, with a median sale price of $422,000 - a 5.3% increase over the $400,800 median sale price for the same period of the previous year. There were 15 homes sold in Peoria (unincorporated) in the fourth quarter of 2016.

The median sales tax in Peoria (unincorporated) for 2017 was $2,647. In 2016, the median sales tax was $2,611. This marks an increase of 1.4%. 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 Peoria (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)
Cave Creek2527-7.4%$610,000$525,00016.2%
Carefree39390%$600,000$600,0000%
Scottsdale (unincorporated) 231464.3%$525,000$572,500-8.3%
Cave Creek (unincorporated) 2226-15.4%$520,000$457,50013.7%
Rio Verde (unincorporated) 281947.4%$459,950$400,00015%
Peoria (unincorporated) 1415-6.7%$422,000$400,8005.3%
Litchfield Park3141-24.4%$405,000$390,0003.8%
Scottsdale1,6461,5128.9%$405,000$387,0004.7%
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%

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