Phoenix Metro Sales Volume Leaders

Among local Phoenix-Metro communities many had substantial sales increases over the past year compared with the previous. These numbers, supplied to us by Michael Orr of the Cromford Report, shows some surprises, and raises questions.

Like, where in the world is Arlington and Stanfield? Both of these towns are showing immense rises in sales rates year over year – not to be confused with sales appreciation rates. Well, thanks to Google, we find Stanfield (85172) West of Casa Grande. And Arlington (85322) SW of Buckeye. Okay, now I don’t feel so bad. I do like the fact that Arlington’s sales rate increase was “infinite.” All these homes have at least an acre, some 5-10 acres, and the highest MLS sales price the past 6 months in Arlington was $275,000 for a 3 BR home on 5 acres of horse property.

Of more sizeable communities with over 100 sales, New River boasted a 33% sales increase, while Rio Verde increased 28%. What do these two communities have in common? Upper North Phoenix and Upper Northeast Scottsdale! Boondocks baby!

On the west side, Surprise and Buckeye each rose 11%. Look for Buckeye to become the fastest growing community in Arizona over the nest 20 years. The rate of massive new planned communities there along with the possibility of new Interstate 11 connecting Mexico to Canada seem a very real possibility. With folks like Bill Gates and Jerry Colangelo investing on the west side, you figure it out.

With folks like Bill Gates and Jerry Colangelo investing on the west side, you figure it out.

Impressively, North Phoenix (85085 – South of Carefree Highway, east of #17) area increased 18% with 462 sales. North Scottsdale’s 85266 and 85255 rose 10% and 9% respectively.

Generally we are seeing some improvement for sellers in most areas of the valley, but it does seem as if it’s the outskirts of town that are getting the most love right now. Just a theory, but it could be the low inventory and rising prices is pushing more buyers out to the edges.