By Catherine Reagor, Matt Dempsey and Ryan Konig | The Arizona Republic
Home values climbed across metro Phoenix again in 2013, and many neighborhoods saw double-digit increases.
More than half of all the ZIP codes in Maricopa and Pinal counties posted their biggest annual increase in home prices since the crash, according to The Arizona Republic‘s latest Valley Home Values Report.
The median sales price was $205,000 on Dec. 31, compared with $164,000 in December 2012. Prices also rose 35 percent in 2012, meaning prices are back to about 2003 levels for most people.
Overall, the more affordable parts of the Phoenix area posted the biggest increases in home prices. The median home sales price in Mesa’s 85201 ZIP code, an older part of the city next to central Tempe, climbed the highest — 50 percent — last year among the region’s ZIP codes. The typical house sold for $135,000 in the area, about $50,000 below the Valley’s overall median.
