Home Sale prices are UP in Arizona!

NEW LIST PRICES New list prices remained static in November. The median new list price of $174,900 remained unchanged, while average new list price showed an inconsequential 0.1% decline to land virtually unchanged at $264,500. Over the last 12 months median new list price rose 34.64% from $129,900 to the current $174,900. Similarly, average new list price rose 32.12% from $200,200 to $264,500 for the same period. SALES PRICES Median Sales price rose 3.3% in November to $155,000, while average Sales price declined 0.9% to $202,000. Overall, the Sale price trend lines for both median and average remain upward. Median Sales price rose 32.48% from $117,000 in December 2011 to the current $155,000. Average Sales price rose 24.54% from $162,200 in December 2011 to the current $202,000.