BEST ANSWER
I live in Vistancia so I know the market very well. As of today, there are 70 active listings & 76 homes have sold in the past 3 months. That means approximately 25.3 homes sell in the community per month. We have a very healthy market, with approximately 3.75 months of inventory. Westwing is also doing well. There are currently 30 active listings in the community. 50 homes have closed in the past 3 months. Approximately 16.7 homes sell in that community per month. Those homes are selling very fast as well, with only an average of 1.85 months of inventory. I haven't included statistics of the number of pending sales in either community, which is very high. Whichever community you decide on, now is a great time to make a move. The City of Peoria is working on the new Loop 303 interchange in the area. That project is due to be completed by Summer 2010. Once that is complete, property values will surely skyrocket. There are commercial developments in the works in Peoria & in Surprise, as well as all along the Loop 303. There will be new medical facilities going in nearby as well. And plans are in the works for the new, nearby Prasada Mall in Surprise. If you'd like more information, please feel free to contact me anytime! I wish you the best of luck with your decision.
Wed Aug 19 2009, 18:51