Factors affecting the real estate recovery for each Phoenix area city The graph to the right shows the the monthly price per square foot of sales for the last 10 years for Gilbert and Chandler. A good opportunity to see where we are compared to pre-bubble sales activity. The twin cities of Gibert and Chandler have similar trends for the last 10 years. Current price per square foot is similar to 1993 levels. Do other Phoenix area cities have similar patterns? Comparing Gilbert and Chandler to some west valley cities Two other west valley cities; Avondale and Goodyear are still at $/sq.ft levels below 2000 levels. Goodyear showed price appreciation levels similar to Gilbert before the bubble; however, after the peak Goodyear's prices fell further and have stabilized at a low...
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