About Peoria Arizona Homes
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Beautiful Peoria Arizona Homes are found North of Glendale and NW of Phoenix, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (364) homes available today in Peoria.
The Median Sales Price for Peoria Arizona Homes in May was $326,000, up 5.2% from $310,000 in May of 2019 and down -5.0% from $343,250 last month. The average sales price in May was $350,993, up 3.1% from $340,563 in May of 2019 and down -4.1% from $365,823 last month. May 2020 ASP was at highest level compared to May of 2019 and 2018. (more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Peoria, AZ
Monthly Market Report
May property sales were 277, down from 404 in May of 2019 and 0.4% higher than the 276 sales last month. May 2020 sales were at their lowest level compared to May of 2019 and 2018. May YTD sales of 1,493 are running -8.8% behind last year's year-to-date sales of 1,637.
The total inventory of properties available for sale as of May was 599, up 4.7% from 572 last month and down -15.8% from 711 in May of last year. May 2020 Inventory was at the lowest level compared to May of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for May was 26, down from 30 days last month and down from 45 days in May of last year. The May 2020 DOM was at its lowest level compared with May of 2019 and 2018.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The May 2020 selling price per square foot of $176 was up 2.9% from $171 last month and up 11.4% from $158 in May of last year.