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Beautiful Peoria Homes in Arizona 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 (127) homes available today in Peoria.
The Median Sales Price for Peoria Homes in December was $369,950, up 12.8% from $328,000 in December of 2019 and down -1.9% from $377,150 last month. The average sales price in December was $419,290, up 12.7% from $372,086 in December of 2019 and down -2.2% from $428,708 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018.(more Market Report below photos)
Peoria Homes ~ Newest Listings
Peoria Homes ~ Monthly Market Report
December property sales were 372, up from 317 in December of 2019 and 8.5% higher than the 343 sales last month. December 2020 sales were at their highest level compared to December of 2019 and 2018. December YTD sales of 4,084 are running 4.5% ahead of last year’s year-to-date sales of 3,909.
The total inventory of properties available for sale as of December was 240, down -13.4% from 277 last month and down -43.9% from 428 in December of last year. December 2020 Inventory was at the lowest level compared to December 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 December was 25, up from 21 days last month and down from 46 days in December of last year. The December 2020 DOM was at its lowest level compared with December 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 December 2020 selling price per square foot of $192 was equal to $192 last month and up 15.0% from $167 in December of last year.
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 🙂