Sales Decline in Peoria Real Estate Market

The Peoria market slowed this week but was still better than normal as sales fell to 278 homes sold over the last 30 days. In comparison, nearby Phoenix had 2,008 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Peoria, with the median for this period rising from $258,356 to $259,356. Despite the slip in sales, a relatively low three months of inventory indicates that Peoria is a seller's market.

Looking for a more classic home in Peoria? These are older homes currently available in the market:

$129K   $499K   $139K  

Get started right now by checking out Peoria homes for sale or reviewing Peoria real estate trends.

Demographic facts for Peoria:

  • Over the past 10 years, the population has increased 36.7%.
  • This area has a safety rating of 78. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 32 minutes.

Data reported through 10/12/2016

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