Peoria, AZ Records Upturn with Listed Real Estate Prices

By SAM LAWMASTER, REALTOR 11/15/2016 7:00 AM MST

The city of Peoria saw 4,828 active home listings during 2016 through the month of October. The 300,000-399,999 price range had the greatest numbers of residences for sale at 1,046. The overall active listings inventory in Peoria recorded a 3.6% increase compared to the same time period in 2015, which saw 4,659 houses for sale, a year-to-year net increase of 169 homes. The average year-to-date active list price of $308,631 saw an increase of 6.2% over the average list price of $290,744 from the same time range a year ago.

Peoria, AZ posted a total of 3,045 residential properties sold year to date through the end of October 2016 as the average closed sales price of $266,493 posted an advance of 5.0% from the same time period one year ago. The total amount of sold listings in Peoria experienced a 4.1% increase when compared to this time range in 2015, which posted a volume of 2,925 sold properties, a year-over-year gain of 120 completed transactions. The 200,000-249,999 price range posted the most home sales this year at 624 completed purchases.

Information provided by Arizona Regional Multiple Listing Service and deemed reliable but not guaranteed; percent changes rounded. For the most recent local real estate information or to request a complimentary evaluation of your home, please contact Peoria real estate listing specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or TheLawmasters@gmail.com.

Peoria, AZ Homes for Sale & Real Estate

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