Market Conditions in 85383>Question Details

L Po, Other/Just Looking in Salt Lake City, UT

Can someone tell the number of recent sales in Vistancia and West Wing to private buyers?

Asked by L Po, Salt Lake City, UT Mon Aug 11, 2008

I am considering a business move near there but want to know if the population is declining or growing and at what rate. Thaks very much

Help the community by answering this question:


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.
0 votes Thank Flag Link Wed Aug 19, 2009
The recent sales in Vistancia & West Wing have cooled off in recent months but homes are still selling. It is a highly desirable upscale area in the northwest valley. I have owned businesses in the past and current market conditions should not play too large of a factor in your long term decision. The long term outlook in the area of the valley is great! I hope this helps.
0 votes Thank Flag Link Fri Aug 22, 2008
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