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Thursday, November 7, 2024

Avondale home prices rise in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Avondale rose by $12,950 while total sales decreased by 11.7%, according to BlockShopper.com.

From July through December of 2017, there were 884 homes sold, with a median sale price of $214,950 - a 6.4% increase over the $202,000 median sale price for the same period of the previous year. There were 1,001 homes sold in Avondale in the second half of 2016.

The median sales tax in Avondale for 2017 was $1,355. In 2016, the median sales tax was $1,275. This marks an increase of 6.4%. 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 Avondale to other Maricopa County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Surprise1,9531,8963%$230,000$219,9004.6%
Mesa4,1834,1550.7%$228,500$214,0006.8%
Sun City West (unincorporated)4804633.7%$221,950$205,0008.3%
Phoenix15,23115,0811%$218,000$200,0009%
Uninc-85326/Buckeye1520-25%$217,500$247,000-11.9%
Avondale8841,001-11.7%$214,950$202,0006.4%
Glendale1,9771,9590.9%$210,000$192,5009.1%
Buckeye1,19293926.9%$198,995$187,5006.1%
Glendale (unincorporated) 3137-16.2%$189,000$165,00014.5%
Surprise (unincorporated) 393030%$185,000$175,0005.7%
El Mirage4123759.9%$179,947.50$160,00012.5%

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