Wondering what Phoenix retirement communities gained the most home value in 2016?
The number one question I get from both buyers and sellers is what’s the real estate market like? That usually translates into for a seller how much have home values gone up in my retirement community or for a buyer the Phoenix retirement communities they are interested in purchasing a home.
We have all been told real estate is very local. That is even more so for our area’s retirement communities. Below are some of the most popular West Valley of Phoenix Retirement Communities ranked in order by home value increase in 2016. The numbers are based on the median home value for 2016 compared to 2015. Note these numbers are for resale homes so communities still building do not include those sales unless spec homes put on the MLS.
PHX Retirement Community Home Value Increase in 2016 (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%|