Wondering what Phoenix retirement communities gained the most home value in 2018?
Thinking of selling or buying in one of the West Valley of Phoenix retirement communities in 2019? Then, you want and need to know how the real estate market did specific to the retirement community you live in or are considering buying into. So let’s delve into the latest Phoenix retirement community home value update 2018.
Snowbird season is the top time to sell and buy. Home value increase or decrease helps determine a selling or purchase price. As a Realtor, I look at the comps and the general trend in the community. Home values increasing with fewer days on the market means we can be more aggressive with a higher sales price.
The numbers are based on the median home value for 2018 compared to 2017. Note these numbers are for resale homes so communities still building do not include those sales unless spec homes put on the Arizona MLS.
Phoenix Retirement Community Home Value Update 2018 (ranked in order)
|Retirement Communities||Home Value Change|
|#1 Corte Bella||11.34%|
|#2 Sun City West||9.51%|
|#3 Sun City||8.33%|
|#4 Sun City Grand||8.16%|
|#5 Arizona Traditions||7.40%|
|#6 Sun City Festival||4.0%|
|#8 >Victory at Verrado||.93%|
|#10 Trilogy at Vistancia||.36%|
|#11 Sun Village||-5.79%|