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The most and least expensive places to live in the Valley

If you're looking to a buy a home in the Valley or the Phoenix metro area, the Cromford Report has put together a list of the cheapest and most expensive areas to buy.

They include the average price per square foot for 41 places in Arizona. Check out the chart below.

As you can see, Paradise Valley is the most expensive place to live at $269.83 per square foot, which is almost half a percentage point higher than last year. Carefree comes in at number two at $201.41 per square foot and Scottsdale number three at $174.93 per square foot.

Fountain Hills, Rio Verde, Cave Creek, Desert Hills, Gold Canyon, Sun Lakes and then Tempe round out the top 10 most expensive places to live.

The cheapest place to buy a home? Coolidge, Arizona.

Coolidge property prices are coming in at $34.59 per square foot, up almost 10 percent from last year. The second cheapest is Tonopah, then Arizona City, Youngtown, Tolleson, El Mirage, Casa Grande, Florence, Laveen and Avondale.

A note from the Cromford Report on this chart though: The primary function of this table is to show the least and most affordable areas in the Phoenix metropolitan area together with longer term pricing trends.

Annual averages are based on a relatively large number of sales. Therefore, they are not as subject to rapid change as monthly averages. The downside is that they do not necessarily represent the current market very accurately, since they include sales from up to a year ago. Pricing may have moved a great deal since then.

Note that Higley has been included in Gilbert and Ahwatukee included in Phoenix. Desert Hills is still counted separately though it is increasingly being incorporated into Phoenix.

Diane Brennan is Your Voice in Real Estate for the Phoenix, Arizona metro area. She hosts That Real Estate Show with Linda Williams every Saturday at 3:00 p.m. on News/Talk 92.3 KTAR. She failed miserably at pursuing a career in gold digging and currently helps people buy and sell property everywhere in the Phoenix metro area from Scottsdale to Paradise Valley to Goodyear and Chandler. Rumor is she knows her stuff and can be quite enjoyable to be around for long periods of time. Her driving, not so much.

About the Author

Diane Brennan hosts That Real Estate Show on KTAR Sundays at 8 a.m. Before her career in real estate, you could hear Diane reporting the news and co-hosting for several years on KTAR. Her lengthy journalism career spanned the U.S and Canada before she turned her love of real estate into a full-time endeavor. Diane is a Realtor with Berkshire Hathaway Home Services and a dual citizen. She started building her business by helping Canadians and other foreign buyers purchase real estate during the sharp down turn in the Phoenix area market. Today, she helps buyers and sellers all over the Valley with their real estate needs. Her dedication to continued real estate education has earned her the designations of Master Certified Negotiations Expert, Certified Luxury Home Market Specialist, Certified Military Residential Specialist and Certified Scottsdale Real Estate Specialist.


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