PEBBLECREEK REAL ESTATE MARKET UPDATE
Currently the real estate market in PebbleCreek is slanted towards a seller’s market. There are more homes listed by sellers than normal due to the seller’s market. Off season when the snowbirds are gone is usually slow for listings. Last August there were 36 active listing while this year in August there are 57. There are 2.84 months of inventory which is low as 4.0 months of inventory is considered a balanced market between buyers and sellers. The average price of a single family is $290,622. Average days on market in August was 117 days with homes selling on average for 97.2% of asking price. Homes that are priced right are selling at or above asking price. If inventory remains low 2016 snowbird season should be good for sellers with high buyer demand.
PebbleCreek Active Adult Retirement Community, located in Goodyear Arizona, is near the I-10 and 303 freeways for easy access to downtown Phoenix and the valley of the Sun. Views of the White Tank Mountains and the Estrella Mountains are common sights throughout the community. Pebble Creek is all about being an Active Adult and it’s up to you whether that’s physical activity like golf and tennis or socializing while participating in the many clubs and actives available. The gated community will span approximately 22,000 acres and is estimated to have about 6,400 homes when finished. It offers a distinct country club atmosphere with resort style amenities. Driving through the community you will see well-maintained homes and streets, lush green golf courses, several small lakes with water features and towering palm trees. PebbleCreek is split into two sections with PebbleCreek Parkway the dividing factor. The older side is called Eagles Nest and there you will find older homes with larger lots and mature landscaping. The newer side is called Tuscany with homes still being built today. Both sides are gated and have their own respective clubhouses called Eagles Nest Club House and Tuscany Club House. Resident can use all amenities regardless of which side they live on. PebbleCreek real estate is a popular choice for younger retirees but you will find all retirement ages.