Peoria AZ Posts 12% Gain in Homes Sold

The city of Peoria posted 2,922 residences sold year to date through October 2015, and the average closed sales price of $262,141 was 10.2% higher than the average price of $237,909 from this reporting period last year. The total number of sold residential listings in Peoria reported a 12.3% increase compared to the same period last year, which had a volume of 2,603 houses sold, a year-over-year net gain of 319 closed sales transactions. The 200,000-249,999 price bracket recorded one of the largest numbers of homes sales this year at 598 completed transactions.

House Listing Prices Rise 5.2%. By the end of October 2015, Peoria reported 4,653 active properties for sale during this year. At 915 homes for sale, the 300,000-399,999 price range recorded one of the highest numbers of properties. The overall active listings inventory in Peoria reported a 1.5% decline over the same period in 2014, which saw 4,726 residences for sale, a year-over-year net drop of 73 residential properties. The area's average active listed price year to date of $292,093 posted a gain of 5.2% over the average listed price of $277,647 from this reporting period in 2014.

Statistics courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent local real estate information or to obtain a complimentary evaluation of your property, please call Peoria real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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