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Mixed signals from home sales in February
 
March 20, 2014
Home prices in February of 2014 declined slightly from the previous month but rose 8% from a year ago. The median price for February was $155,000 for 521 sales. The median square footage was 1,776. One month earlier, January 2014, the median price was $160,000 with a median square footage of 1,840.
 
Despite the one month-to-month decline, price rose 8% from a year ago. The median price in February 2013 was $143,500 with a median square footage of 1,825. In contrast to the yearly rise in prices, the volume of sales declined 23% from 678 sales in February 2013.
 
The top sale in February was a 4,200 square foot home in Superstition Mountain Country Club, which sold for just under $930,000.
 
Sales information is based upon data obtained by the Assessor's Office via recorded Affidavits of Property Value (ARS § 11-1133, Form 82162). For more information, please contact the Assessor’s Office at assessor@pinalcountyaz.gov.
 
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John Ellinwood
John Ellinwood Pinal County Assessor Chief Deputy
 
Chief Deputy
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