Real Estate Market Update for Peoria, AZ
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 12% from one year earlier, and down 3% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 5%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold decreased 8% year-over-year, and increased 10% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
Show Transcript

Map Information for Peoria, AZ

Area Information for Peoria, AZ
  • Population: 186,776
  • Median Age: 39.35 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,070/sq mi
  • Population Change Since 2000: 70.72%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Midwestern University
  • Closest Jr. College: Paralegal Institute
  • Median Household Income: $66,476
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $297,050
  • Closest Major Sports Team: Arizona Coyotes
  • Change Avg. Household Income Since 2000: 33.54%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Peoria, AZ
Median Age: 39.35 Married: 41% Number of Households: 68,617 Households with Children: 22,366
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
      Arrowhead Montessori 0.5 mi Private PRESCHOOL-6 0 0
      Desert Harbor Elementary School 0.8 mi Public PRESCHOOL-8 4 0
      Paseo Verde Elementary School 0.9 mi Public K-8 4 0
      Centennial High School 1.2 mi Public 9-12 3 0
      Daisy Education - Sonoran Science Academy - Peoria 1.3 mi Public K-8 3 0
      Catapult Learning - Aurora Day School 1.4 mi Private K-12 0 0
      Apache Elementary School 1.4 mi Public K-8 4 0
      Spirit Of Hope Montessori School 1.5 mi Private PRESCHOOL-K 0 0
      Primrose School Of Arrowhead 1.7 mi Private PRESCHOOL-K 0 0
      Southwest Indian Schools/living Word Academy 1.8 mi Private 4-12 0 0
      Sky View Elementary School 1.8 mi Public PRESCHOOL-8 2 0
      Oasis Elementary School 2.0 mi Public PRESCHOOL-8 4 0
      Montessori Kingdom Of Learning 2.2 mi Private PRESCHOOL-8 0 0
      Cheyenne Elementary School 2.4 mi Public PRESCHOOL-8 2 0
      Oakwood Elementary School 2.5 mi Public K-8 4 0
      Primrose School Of Fletcher Heights 2.8 mi Private PRESCHOOL-K 0 0
      Peoria Elementary School 2.8 mi Public PRESCHOOL-8 2 0
      Peoria Transition Center 2.9 mi Public 9-12 1 0
      Peoria High School 2.9 mi Public 9-12 2 0
      Coyote Hills Elementary School 3.1 mi Public K-8 3 0
      Sunrise Mountain High School 3.2 mi Public 9-12 4 0
      Carpe Diem E Learning Community 3.2 mi Public 7-12 0 0
      Parkridge Elementary School 3.2 mi Public PRESCHOOL-8 4 0
      Sundance Elementary School 3.3 mi Public PRESCHOOL-8 3 0
      Frontier Elementary School 3.3 mi Public PRESCHOOL-8 4 0
      Peoria Ave Preschool 3.4 mi Private PRESCHOOL-6 0 0
      Peoria Accelerated High School 3.4 mi Public 9-12 1 0
      Academy Of Math And Science - Glendale 3.4 mi Public - 0 0
      Ombudsman - Charter Northwest 3.6 mi Public 9-12 1 0
      Student Choice High School 3.7 mi Public 9-12 1 0
      Ira A Murphy 3.7 mi Public K-8 2 0
      Sunset Heights Elementary School 3.8 mi Public PRESCHOOL-8 4 0
      Santa Fe Elementary School 3.9 mi Public K-8 2 0
      Alta Loma School 3.9 mi Public PRESCHOOL-8 2 0
      Legacy Traditional School - Peoria 4.0 mi Public K-7 4 0
      Liberty High School 4.0 mi Public 9-12 4 0
      Great Hearts Academies - Glendale Prep 4.5 mi Public 6-12 4 0
      Great Hearts Academies - Archway Glendale 4.5 mi Public K-5 5 0
      Cotton Boll School 4.8 mi Public K-8 2 0
      Sun Valley Elementary School 5.1 mi Public K-8 2 0
      Paramount Academy 5.4 mi Public K-8 3 0
      Candeo Schools 5.4 mi Public K-8 5 0
      Happy Valley School 5.9 mi Public K-6 4 0
      Terramar Elementary School 6.0 mi Public PRESCHOOL-8 5 0
      Country Meadows Elementary School 6.0 mi Public PRESCHOOL-8 1 0
      Basis Peoria Primary 6.4 mi Public K-4 5 0
      Basis Peoria 6.4 mi Public 5-12 5 0
      West Wing Elementary School 6.7 mi Public K-8 5 0
      Cross Of Glory Lutheran School 7.0 mi Private PRESCHOOL-8 0 0
      Vistancia Elementary School 10.2 mi Public PRESCHOOL-8 4 0
      Lake Pleasant Elementary School 11.4 mi Public PRESCHOOL-8 4 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.
      Local Weather for Peoria, AZ
        Data powered by Attom Data Solutions. Copyright© 2020. Information 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.