Arizona real estate is well worth your time if you are considering moving to a new state. We have put together a summary of what Arizona has to offer, as well as an overview of the FSBO real estate market in the state.
Phoenix is by far the largest city in Arizona and it is growing fast. The sixth largest city in the United States, Phoenix is the official and economic capital of Arizona. The city is growing at such a high rate that it has engulfed the accompanying towns of Scottsdale and Tempe. There is often a criticism of Phoenix that it has no real culture or history since it has a very new atmosphere about it.
Phoenix is home to a number of sports, so an interest in attending such events is satisfied here. Whether your favorite is basketball, baseball, or football, Phoenix has a professional team for you. The Phoenix Coyotes, a pro ice hockey organization, also calls Phoenix home. Maybe you wouldn’t expect an NHL team to be located in the middle of the Arizona desert, but that’s just what you’ll find!
Phoenix has amazing weather that gives you warm temperatures to enjoy year round. During the summer, average temperatures are usually above the 100 degree mark without much humidity to speak of. Evenings can get cool during the winter, but day time temperatures remain in the 70’s.
Unlike Phoenix, Flagstaff is a town that reeks of the more historic Wild West. Flagstaff, located on the world renown Route 66, is home to Arizona State University, and is thus known as a college town. Also called ASU, there are more than 30,000 students who attend the university and make up a large part of Flagstaff’s population.
Arizona real estate is very reasonably priced compared to other states. The average home price in Phoenix is in the low $300,000s. Arizona has, however, become a hot real estate market with home values appreciating over 25% in the last 12 months.
Arizona is a take it or leave it state because of the heat index. Purchasing real estate in Arizona may be a prudent choice for you if hot days of bright sunshine appeal to you.