May 24 2016 New Home Sales Closed Units Up 41 Percent

May 24 2016 New Home Sales Closed Units Up 41 Percent

New homes in Maricopa County have been selling even better than in Pinal County, with closed unit volume for the first 4 months of 2016 up an astonishing 41% from the same period last year. The number of closings was 3,787 versus 2,690. Average new home pricing stands at $366,693 across Maricopa County for April, down 5.6% from $388,317 in April 2015. However this is mostly due to a 4.9% fall in the average home size from 2,594 sq. ft. to 2,468 sq. ft.

The busiest ZIP codes were:

  1. Peoria 85383 - 463 at an average of $139.68 per sq. ft.

  2. Gilbert 85298 - 302 at $141.46

  3. Queen Creek 85142 - 283 at $123.12 (Maricopa section only)

  4. Mesa 85212 - 257 at $132.08

  5. Buckeye 85396 - 181 at $134.73

  6. Goodyear 85338 - 164 at $120.16

  7. Chandler 85249 - 147 at $143.26

  8. Buckeye 85326 - 143 at $107.44

  9. Phoenix 85085 - 126 at $152.50

  10. Goodyear 85395 - 109 at $150.27

  11. Laveen 85339 - 108 at $109.66

  12. Chandler 85286 - 106 at $150.54

  13. Mesa 85209 - 77 at $141.24

  14. Mesa 85207 - 76 at $164.06

  15. Phoenix 85041 - 64 at $104.48

  16. Surprise 85379 - 60 at $109.40

  17. Tolleson 85353 - 58 at $106.68

  18. Cave Creek 85331 - 56 at $202.43

  19. Gilbert 85295 - 52 at $137.62

  20. Gilbert 85296 - 51 at $131.64

Among the expensive ZIP codes, the busiest for new home closings were Scottsdale 85255 with 47 at an average of $321.04 per sq. ft. and Scottsdale 85251 with 43 at $335.05 per sq. ft.


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Phone: 480-332-6468
Dated: May 24th 2016
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