Peoria is one of the fastest-growing communities in all of Arizona. As such, Peoria’s outstanding real estate market has enjoyed steady growth since the 1960s. Peoria was the third-fastest growing city in Arizona from 2000-2006, with an expected population of up to 500,000 at buildout in 50 years. When real estate is located in a desirable location, such as the Peoria region, history has proven that real estate continues to appreciate over time. The continuation of favorable mortgage rates and the demand for property fuels the economy, making homeownership in Peoria a stable and worthwhile investment.
The West Valley and Peoria are leaders in total home sales and new building. With recent and planned freeway expansions and other quality of life improvements, Peoria is destined for higher-end residential growth. If you have decided to live in Peoria, this is a good time to purchase an attractive resale or new home.
The cost of living in Peoria is very reasonable compared to most of the booming cities in America. Our housing options include single-family homes, subdivisions, apartment and condo communities, manufactured housing and expansive estates. The demand is still very strong for new homes. Be assured that you will find just what you want in Peoria, Arizona.
Our expansive communities combine commercial, recreational and residential development and often include amenities such as custom homes, golf courses and nature trails. Prices start in the low $100,000s and can go upwards to well beyond the $600,000s depending on home styles and features. The northern reaches of Peoria are seeing the biggest transformation as communities such as Lake Pleasant Heights, West Wing and the massive Vistancia community flourish.
Vistancia was recently named Master Planned Community of the Year by the National Association of Homebuilders. Vistancia has become a destination in itself, with a championship golf course open for resident and nonresident play, the expansive Discovery Trail, and other amenities.
Blackstone, a family-friendly private country club community, has been designed for those who wish to experience life’s finer things without pretension. Scenic mountain vistas surround this secluded private country club community tucked within the award-winning master-planned community of Vistancia. Blackstone is casual elegance and relaxed luxury.
Many other excellent housing neighborhoods are found throughout Peoria. Go to www.peoriachamber.com to learn more.