Phoenix Historic Homes 1st Quarter of 2011 Sales Report

Central Phoenix and especially the Phoenix Historic Districts were not hit as hard by the Great Recession. Foreclosures in these areas generally were below 10% of the stock compared to over 25% in some of the other areas in the west valley. 

That's really not surprising for established neighborhoods.

Sales in the first quarter of 2011 from January 1st to March 31st have been brisk and that's before the usualy Spring upswing begins.

Quick Statistics.

The Top 5 Sales

1. $510,000 A remodeled historic ranch home in Windsor Square. (Traditional Sale)

2. $475,000 A 1926 Bungalow in the Roosevelt Histoic District. (Traditional Sale)

3. $457,500 F.Q. Story Spanish Revival (Traditional Sale)

4. $451,000 A bungalow in the Roosevelt Historic District, 13 days on the market (Bank Owned Sale)

5. $410,000 Spanish Revival home in Willo Historic (Traditional Sale)

Top Lowest Sales

1. $33,000 Bungalow in Woodland Place (Short Sale)

2. $43,500 Fairview Place transitional ranch (Short Sale)

3. $44,800 Transitional ranch in Coronado Historic District (Traditional Sale)

4. $45,000 Tudor in Fairview Place (Bank Owned)

5. $54,000 Garfield Historic home (Bank Owned)

All of the lower priced homes need to be fixed up while the higher priced homes included completely remodeled homes. 

Download a PDF of all historic properties sold in the last 3 months.