Real Estate Market Update for Peoria, AZ

Video: Real Estate Community Tour for Peoria, AZ

See Real estate community tour for Peoria, AZ
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 4% from one year earlier, and did not change from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold increased 15% year-over-year, and decreased 11% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Peoria, AZ
Area Information for Peoria, AZ
  • Population: 171,729
  • Median Age: 39.01 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 984/sq mi
  • Population Change Since 2000: 57.08%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Arizona College Of Osteopathic Medicine
  • Closest Jr. College: Paralegal Institute
  • Median Household Income: $62,497
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $220,000
  • Closest Major Sports Team: Phoenix Coyotes
  • Change Avg. Household Income Since 2000: 24.47%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Peoria, AZ
Median Age: 39.01 Married: 43% Number of Households: 63,695 Households with Children: 20,926
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Peoria, AZ

      School Name Distance Type Grades School Rating Parent Rating
      Parkridge Elementary School 3.4 mi Public PRESCHOOL-8 4 0
      Daisy Education - Sonoran Science Academy - Peoria 3.9 mi Public K-12 4 0
      Desert Harbor Elementary School 4.0 mi Public PRESCHOOL-8 4 0
      Montessori Kingdom Of Learning 4.2 mi Private PRESCHOOL-8 0 0
      Liberty High School 4.5 mi Public 9-12 4 3
      West-mec - Liberty High School 4.5 mi Public 9-12 0 0
      Apache Elementary School 4.5 mi Public K-8 4 0
      Sunset Heights Elementary School 4.9 mi Public PRESCHOOL-8 0 0
      Coyote Hills Elementary School 4.9 mi Public K-8 4 0
      Arrowhead Montessori 5.0 mi Catholic PRESCHOOL-K 0 0
      Kindercare Learning Center 5.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Sky View Elementary School 5.1 mi Public PRESCHOOL-8 3 0
      Ombudsman - Charter Northwest 5.2 mi Public 9-12 0 0
      Paramount Academy 5.2 mi Public K-8 3 0
      Cheyenne Elementary School 5.2 mi Public PRESCHOOL-8 3 0
      Primrose School Of Fletcher Heights 5.3 mi Private PRESCHOOL-K 0 0
      Candeo Schools 5.3 mi Public K-8 5 0
      West-mec - Sunrise Mountain High School 5.4 mi Public 7-12 0 0
      Sunrise Mountain High School 5.4 mi Public 9-12 4 3
      Carpe Diem E Learning Community 5.4 mi Public 7-12 0 0
      Paseo Verde Elementary School 5.5 mi Public PRESCHOOL-8 4 0
      Centennial High School 5.6 mi Public 9-12 4 4
      West-mec - Centennial High School 5.6 mi Public 9-12 0 0
      Peoria Accelerated High School 5.7 mi Public 9-12 1 3
      Student Choice High School 5.8 mi Public 9-12 1 4
      Peoria Ave Preschool 5.8 mi Private PRESCHOOL-6 0 0
      Frontier Elementary School 5.8 mi Public PRESCHOOL-8 4 0
      Country Meadows Elementary School 5.8 mi Public PRESCHOOL-8 2 0
      Zion's Daycare & Learning Center 5.8 mi Private PRESCHOOL-4 0 0
      Northwest Christian School-peoria Campus 5.8 mi Private K-6 0 0
      Oasis Elementary School 5.9 mi Public PRESCHOOL-8 4 0
      Peoria High School 6.0 mi Public 9-12 2 3
      West-mec - Peoria High School 6.0 mi Public 7-12 0 0
      Peoria Transition Center 6.0 mi Public 8-12 1 0
      Spirit Of Hope Montessori School 6.1 mi Private PRESCHOOL-K 0 0
      Great Hearts Academies - Archway Glendale 6.2 mi Public K-5 0 0
      Alta Loma School 6.2 mi Public PRESCHOOL-8 2 0
      Southwest Indian Schools/living Word Academy 6.3 mi Private 4-12 0 0
      Peoria Elementary School 6.3 mi Public K-8 2 0
      Basis Peoria 6.3 mi Public 5-12 5 4
      Cross Of Glory Lutheran School 6.5 mi Private PRESCHOOL-8 0 0
      Sun Valley Elementary School 6.5 mi Public K-8 3 0
      Desert Pointe Academy 6.7 mi Public 9-12 1 0
      Copper Canyon Academy 6.7 mi Public K-12 2 0
      Oakwood Elementary School 6.8 mi Public K-8 4 0
      Cotton Boll School 7.1 mi Public PRESCHOOL-8 3 4
      Santa Fe Elementary School 7.1 mi Public PRESCHOOL-8 3 0
      Sundance Elementary School 7.3 mi Public PRESCHOOL-8 2 0
      Ira A Murphy 7.4 mi Public PRESCHOOL-8 2 4
      West Wing Elementary School 7.5 mi Public K-8 5 0
      Happy Valley School 8.0 mi Public K-6 5 0
      Vistancia Elementary School 8.1 mi Public PRESCHOOL-8 5 0
      Terramar Elementary School 8.2 mi Public PRESCHOOL-8 5 0
      Lake Pleasant Elementary School 9.1 mi Public PRESCHOOL-8 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Peoria, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.