Showing posts with label Sonoran Mountain Ranch. Show all posts
Showing posts with label Sonoran Mountain Ranch. Show all posts

Monday, March 11, 2013

Real Estate in Peoria AZ

Single family housing in Peoria, AZ is a tiny bit more plentiful - at least today - than what is available in Glendale.  The MLS is showing 388 single family homes for sale - that excludes condos and duplexes and manufactured homes - and, of course, that number will go up or down in the next 15 minutes.  

The least expensive looks to be a dump - that's code for a challenged-in-every-conceivable-way house - for $38k.  At the high end there is a $3.2 million property with eight bedrooms with over 10k square feet of living space - on 10+ acres.  With mountain views (of course).

The median listing is a to-be-built home in Sonoran Mountain Ranch - four bedrooms, three baths, three car garage with a 7200 sf lot - for $288,500.  That's $133/sf.


So, there's a little more to choose from in Peoria at the moment than in Glendale.  Lots of good value.  Prices are NOT going down - don't expect them too until the supply/demand thing changes.