Phoenix Retirement Community Home Value Update July 2018
Wondering how much Phoenix retirement communities home values have changed in the last 12 months? You’re not alone as I’m asked this question on a daily basis. Both buyers and sellers what to know how the local real estate market is doing in order to make good home buying and selling decisions.
We are halfway through 2018 and so a good time to see where the top 10 West Valley Phoenix retirement communities stand regarding home values. The numbers are based on the median home value for June 2018 compared to same time last year June 2017. Note these numbers are for resale homes and spec homes listed on the Arizona MLS. It does not include new build home sales other than spec homes.
Phoenix Retirement Community 12 Month Home Value UpdateCommunities are ranked in order of home value increase over the last 12 months (June 2017-Jun 2018).
|Retirement Communities||Home Value Change|
|#1 Corte Bella||10.97%|
|#2 Sun City West||10.58%|
|#3 Sun City||10.10%|
|#4 Sun City Festival||8.53%|
|#5 Trilogy at Vistancia||3.83%|
|#6 Arizona Traditions||3.52%|
|#8 Sun City Grand||2.88%|
|#10 Victory at Verrado||(9.84%)|