From January through December of 2017, there were 31,671 homes sold, with a median sale price of $212,500 - a 7.9% increase over the $197,000 median sale price for the previous year. There were 30,302 homes sold in Phoenix in 2016.
The median sales tax in Phoenix for 2017 was $1,261. In 2016, the median sales tax was $1,195. This marks an increase of 5.5%. 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 Phoenix to other Maricopa County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Buckeye (unincorporated) | 153 | 135 | 13.3% | $226,000 | $195,000 | 15.9% |
| Surprise | 4,106 | 3,988 | 3% | $225,320 | $215,000 | 4.8% |
| Mesa | 8,744 | 8,385 | 4.3% | $225,000 | $209,900 | 7.2% |
| Wickenburg | 144 | 146 | -1.4% | $223,500 | $190,000 | 17.6% |
| Sun City West (unincorporated) | 1,117 | 1,095 | 2% | $217,500 | $200,000 | 8.8% |
| Phoenix | 31,671 | 30,302 | 4.5% | $212,500 | $197,000 | 7.9% |
| Avondale | 1,798 | 1,844 | -2.5% | $212,500 | $199,000 | 6.8% |
| Glendale | 4,130 | 3,850 | 7.3% | $207,000 | $190,000 | 8.9% |
| Buckeye | 2,275 | 1,934 | 17.6% | $196,900 | $185,000 | 6.4% |
| Surprise (unincorporated) | 65 | 42 | 54.8% | $189,000 | $185,879.50 | 1.7% |
| Glendale (unincorporated) | 68 | 58 | 17.2% | $187,750 | $167,450 | 12.1% |
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