How does today’s pricing in the East Valley compare to a decade ago?

How close are we to the CRAZY price per sq ft values we saw in 2006-2007?
Let’s break it down by zip code:

For the Southeast Valley, the percentage below the peak in $/SF pricing for single family homes is as follows:

  1. Tempe 85282 -15%
  2. Chandler 85286 -15%
  3. Tempe 85281 -16%
  4. Tempe 85283 -16%
  5. Chandler 85224 -18%
  6. Mesa 85210 -18%
  7. Mesa 85202 -18%
  8. Chandler 85226 -19%
  9. Tempe 85284 -20%
  10. Chandler 85225 -21%
  11. Mesa 85204 -21%
  12. Mesa 85203 -21%
  13. Mesa 85205 -21%
  14. Mesa 85206 -22%
  15. Gilbert 85233 -22%
  16. Phoenix 85044 -22%
  17. Gilbert 85234 -23%
  18. Gilbert 85297 -23%
  19. Chandler 85249 -23%
  20. Sun Lakes 85248 -24%
  21. Mesa 85209 -24%
  22. Mesa 85208 -24%
  23. Phoenix 85048 -25%
  24. Mesa 85212 -25%
  25. Mesa 85207 -25%
  26. Gilbert 85296 -25%
  27. Mesa 85201 -26%
  28. Mesa 85213 -27%
  29. Gilbert 85295 -27%
  30. Gilbert 85298 -27%
  31. Mesa 85215 -29%
  32. Phoenix 85045 -32%

Generally we can see that Tempe has recovered closest to its peak while Ahwatukee has the furthest to go, especially as we travel west..

Source Cromford Report

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