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Peoria, AZ is 2nd Hottest Real Estate Market!

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Peoria, AZ is 2nd Hottest Real Estate Market!

A region in north Peoria has the second hottest housing market in the Valley, just behind and ahead of the Phoenix-metro area’s two most well-known luxury communities.

Home buyers in the 85383 ZIP code in north Peoria recorded a combined $766 million in total sales last year, according to Street Scout Home Values, an annual analysis of metro Phoenix’s housing market done with the Information Market.

In comparison, buyers in north Scottsdale spent $983 million in total sales value, while buyers in Paradise Valley spent $693 million.

Three other factors stand out in the north Peoria housing boom:

Home sales increased by 22.1 percent in 2015 compared with sales in 2014. The median home price was $317,000, less than half of the median price in north Scottsdale at $675,000 and less than a third of the median price in Paradise Valley at nearly $1.28 million. The median price in north Peoria rose 2.4 percent from 2014 to 2015. Although north Peoria led, home sales in three other West Valley ZIP codes cracked the Valley’s hottest 20 ZIP codes in total sales value.

Buyers in the 85338 ZIP code in the Estrella area of Goodyear, where the median home price was $214,000, recorded a combined $359 million in sales value. That ranked 13th highest across metropolitan Phoenix.
Buyers in 85308 in north Glendale, where the median price was $241,000, notched a total of $339 million in sales. That ranked 16th. Buyers in 85395 in the PebbleCreek area of Goodyear, where the median price was $307,000, reached a combined $311 million in sales. That was 20th. In north Peoria, a driving force to the booming home market is high-end attractions, such as master-planned communities, mountain views and gated neighborhoods, at a variety of price points, said Mark Hammons, vice president and general manager of Vistancia, a master-planned development in the region.

“It just goes to show you that Peoria — the north part of the city — is on the map,” Hammons said. “It’s a great place to live. Peoria provides a great quality of life.”

Click here to read the complete article by Paul Giblin from The Republic.

Find your dream home here!

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This is a stunning custom home on over an acre nestled in NW Phoenix. Private dead end street with Beautiful Mountain views in a neighborhood of like homes. Private tiled covered patio, equipped with all the luxuries of outdoor entertaining. Includes a spacious 3-car garage and a gated, private front yard. This home is well insulated and very energy efficient. The average utility bill is $144.86. There are fire sprinklers and it is wired for surround sound. Bose speakers throughout the home. Gorgeous Travertine flooring greets you into this home. Elegant Master with ensuite and private water closet. Jetted tub, his/her sinks and walk in closets. Gourmet kitchen with staggered maple cabinets, granite counters, tile back spash. GE Monogram fridge, Oven with sep warming drawer. Large center island/prep area. Each additional bedroom with their private bath. 10 foot+ ceilings. This is may be your dream home. Come see it during our open house this Saturday, January 24th from 10-2. See you then!

7786 W. Pinnacle Peak Rd., Peoria, AZ 85383

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Today is our best day in real estate

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Wow, what a great day! We closed on 3 homes today…and the transactions ALL went very smoothly & closed on time!! Congratulations to my clients!!! You are the best! Here are the 3 homes. Now I need a cocktail and a nap! Have a wonderful weekend!! Call The Canny Team at 602-301-9754 if you need any help…we’ll be available all weekend!

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Trilogy at Vistancia Update – Release of next Phase in Parcel C12

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I wanted to give you a quick update on the Trilogy at Vistancia community in Peoria Arizona. I am very excited to share that they have released the next phase in our Desert Bloom aka Parcel C-12 neighborhood. This quaint neighborhood has approximately 99 home sites. They have released 1574 thru 1581 and 1623 thru 1633 and 1646 thru 1653. Please let me know if you have an interest – if so, highlight the specific lot of interest and I will be more than happy to provide more information!

These homes sites are released effective Saturday, March 9th 2013 and will be sold on a first come first serve basis. I have included a copy of the new neighborhood map for Desert Bloom at Trilogy (Parcel C-12) below for your reference. I also included a copy of the overall Trilogy community map so that you can see where this new neighborhood is located within Trilogy. The location is spectacular – in the heart of the community and extremely close to the Kiva Club. They saved the best for last – this will be your last opportunity to enjoy a new home in a premier location!!

For more information on our new neighborhood or if you have an interest on a specific lot, please don’t hesitate to contact me.

Trilogy

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