Phoenix Real Estate
Arizona is the nation’s second fastest growing state. Phoenix is located in Maricopa County and has a population over 1.5 million as of 2009. The Phoenix metro area is the 12th largest metro area by population in the United States with over 4.3 million people in the area.
Phoenix, Arizona receives an average rainfall of less than 8 inches each year. The average sunny days in the valley are more than 300 per year. The average temperature in July is approximately 102 degrees.
In the area, residents will find that there are more than 180 area golf courses both private and public. There are more than 180 area golf courses. Both private and public are available in the area. This area also has 23 Indian Reservations and 21 Native American Tribes.
Residents of the area have access to the finest dining and shopping. Residents also have access to more than 30 museums and 160 art galleries. The Phoenix Symphony, the Herberger Theater, the Arizona Opera Company and the Orpheum Theater are all within the area. The Desert Botanical Garden is also of particular interest.
The major league baseball teams all train in this area during the spring: Teams such as the Seattle Mariners, Chicago Cubs, Chicago White Sox, The Oakland Athletics, San Diego Padres, The Milwaukee Brewers, Anaheim Angels, San Francisco Giants, Colorado Rockies and Arizona Diamondbacks. Residents may also enjoy the Arizona Cardinals, Arizona Diamondbacks, Phoenix Mercury, Phoenix Coyotes, Arizona Rattlers and Phoenix Suns.
The Phoenix Metropolitan Area is comprised of Scottsdale, Paradise Valley, Glendale, Tempe, Fountain Hills, Carefree, Gilbert, Peoria, Avondale, Litchfield Park, Sun City and Surprise. The average new home in the Phoenix area was $280,900 in 2010 and the average resale home price was $127,896 in 2010. For a two bedroom apartment, the average monthly rental payment was $980 in 2010. Home prices have stabilized in 2011 with the exception on the East Valley (Chandler, Gilbert, Mesa, Queen Creek, Tempe and Apache Junction), these areas generally have lower priced homes without any effect of the recession.
Luxury real estate in Paradise Valley, Scottsdale, Arcadia, and the Biltmore are sustaining fairly well. Homes for sale in Scottsdale, for instance, range in price from $250,000 to $20,000,000. Residents in Scottsdale, Arizona and surrounding areas enjoy beautiful mountain views, colorful sunsets and of course the warm weather.