Communities in the Greater Phoenix Metropolitan Area are still seeing higher annual average costs per square foot.
Prices have indeed fallen over the past 9 months, but there are plenty of cities seeing a higher annual average price per square foot than this time last year. Only single-family detached properties are being measured. The following cities are located throughout the Phoenix Metropolitan Area.
Top performing cities include:
Carefree – up 25.5%
Paradise Valley – up 24.7%
Fountain Hills – up 24.4%
Wickenburg – up 23.2%
Cave Creek – up 22.2%
Scottsdale – up 21.7%
Youngtown – up 21.2%
Avondale – up 19.9%
Bottom group includes:
Maricopa – up 16%
Waddell – up 15.7%
Sun City – up 15.5%
Tempe – up 13.9%
It should be noted that the remaining cities in the Greater Phoenix Metropolitan Area were somewhere in the middle and are still up 16% to 20%. If you are thinking about putting your home on the market and want to know what your home is worth contact us by leaving a comment below.