Although no one has a "crystal ball" on this, the general trend is they will remain the same to increase slighty to possible moderately. It is unlikely to reach the 2005 to 2006 highs during this time frame.
Overall, house prices in the Phoenix metro have risen slightly since the Summer indicating that the bottom of the market has been reached. Queen Creek, although has lagged, there are recent and coming changes in the Queen Creek/ San Tan Valley area.
1. New Freeways
2, New retail along those freeways
3. New hospital
4. Further freeway work expected
5. Abundance of HOA communities that keep the Queen Creek area looking sharp
6. Phoenix Gateway Airport expansion
7. Already bargain prices in Queen Creek for very nice and well laid our developments with golf courses and open spaces close by
8. Queen Creek is open to vacation hopes from baby boomer retirees from other states and Canada with good prices and freeway access. The retirees are not tied in to the commute that younger working families have to deal with
9. Wild Horse Pass Resort development also a draw to many retirees
Of course much of this is contingent on other economic factors in the nation as a whole. But all things considered, I would say....you are on the way up!
If I can help you in any way, just send me an email .
Best regards and Happy Thanksgiving......Jeff
Jeff Masich, RealtorÂ®
Arizona Homes and Land
HomeSmart Real Estate