City of Peoria AZ Sees 16% Uptick in Residences Sold

The city of Peoria has seen 2,426 homes sold year to date as of August 31, 2015, and the average price of $252,700 increased 5.8% from this reporting period a year ago. The total number of sold listings in Peoria recorded a 16.4% advance compared to the same reporting period last year, which posted 2,084 property sales, a net advance of 342 completed sales transactions. At 495 homes sold year to date, the 200,000-249,999 price bracket posted one of the greatest numbers of closed sales transactions.

House Listing Prices Post 4.7% Uptick. Through August 2015, Peoria posted 3,933 actively listed homes year to date. The 300,000-399,999 price category showed one of the greatest numbers of houses for sale at 786 units listed. When compared to this reporting period during 2014, which saw 3,975 properties for sale, Peoria posted a 1.1% reduction in the overall number of active residential listings, a year-over-year decline of 42 homes. The average active listed price year to date posted a net increase of 4.7% from the same period during 2014, gaining to $291,709.

Sam Lawmaster is a Peoria real estate agent who specializes in residential listings. Market data courtesy of ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive current local real estate market info or to obtain a free no obligation evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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