Mesa Median Price climbs past $300,000

“Slow-down? What slow-down?” says Mesa, where the Median Sales Price in July was over $300,000 for the first time at $301,750. This is up 9.7% YoY from the $275,000 median price in July ‘18, while the trend over the last couple of years shows consistent seasonality mixed in with consistent price appreciation.

It’s been a good run for homeowners in Mesa lately.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Phoenix Prices rise 4% in July

The Median Sales Price in Phoenix was $284,900 in July, up 4.4% YoY from $272,550 in July 2018 and up 15% from $248,000 in July 2017.

Some might look at the deceleration (15% down to 4%) and think the Phoenix market is slowing down. Others might see 4% as a more reasonable, sustainable long-term appreciation rate. Only time will tell who is right…

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Scottsdale Prices up 7%

The Median Sales Price in Scottsdale was $600,500 last month, up 7% YoY compared with $560,000 in July 2018, and up 33% over the last 5 years.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Sun Cities see prices rise

Price appreciation has been strong in the Sun Cities, with July’s Median Sales Price up 11% YoY in Sun City ($224,750 vs $201,750 in 2018) and 8% YoY in Sun City West ($275,450 vs $253,500 in 2018.)

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

 

Maricopa County - Swimming Pools by Price Range

There are a lot of swimming pools in Maricopa County, but they aren’t spread out evenly across the valley.

Homes which sell for less than $300,000 are more likely to NOT have a pool, and homes selling below $200,000 are more than 3 times as likely to not have access to cool refreshing water. If you’re looking for a home with a pool in this price range, you’re going to have to look hard and be diligent in your search.

On the other hand, 7 out of 10 homes priced above $300,000 had a pool, and more than 80% of homes above $500,000 had one - showing that once you get above the median price range, pools are fairly commonplace across Maricopa County.

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- Chris Butterworth

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Simple MLS Charts is supported by readers like you. If you find these charts useful, please consider becoming a patron with a small monthly pledge on Patreon.

* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.

** Homes with pools include both private and community pools, although since we're looking at single family detached homes, the vast majority were private pools.