Home In Phoenix AZ - Moon Valley and Maryvale
For those who are currently in the market for a home in Phoenix AZ , both Moon Valley and Maryvale still offer homes in a wide variety of price ranges.
These communities in west Phoenix have both experienced rapid growth and development in the last several years.
Unlike more upscale areas such as Arcadia and Paradise Valley where the vast majority of home buyers have been priced out of the market, these neighborhoods are still affordable in comparison.
Moon Valley is located between 16th Street to 19th Avenue and Thunderbird North to Bell Road. The community is home to over 10,000 residents and two golf courses, one of which hosts an annual LPGA Tournament.
The median price for a home in Phoenix AZ was $275,089 in 2005, and Moon Valley homes were in line with this average. However, this community has seen higher percentage increases than many other areas. In 2006, demand for homes throughout Phoenix has slowed somewhat, but prices continue to increase.
Located between 83rd Avenue to the Black Canyon Freeway and 99th Avenue to Camelback Road, the west valley neighborhood of Maryvale has many new home developments that are attracting predominately Hispanic buyers.
With the influx of these planned communities, developers have also begun construction on a wide array of shopping areas, restaurants, and entertainment venues. One of the biggest draws to area is the Maryvale Stadium which hosts the Milwaukee Brewers during spring training every year.
In the last twenty years, Maryvale has really reinvented itself from being a sleepy farming community to becoming one of the valley's leading areas for affordable new housing.
With these changes, there have certainly been some growing pains. Both traffic and crime have increased in Maryvale, but city officials are actively working on developing solutions to ensure the ongoing success of the community.
For those who are beginning a search for a home in Phoenix AZ, both Moon Valley and Maryvale are options worth exploring. In Moon Valley, the inventory is primarily existing homes, although there is some new construction of condominiums and single-family homes.
Many of the older homes have recent renovations and large lots. Maryvale has a small inventory of older homes, but the draw for buyers is the large number of new home communities. Many of which offer incentives, discounts, and financing assistance to homebuyers.
A home in Phoenix AZ need not be priced out of your range. Areas like Moon Valley and Maryvale are still affordable to most homebuyers. Remember to consult with a realtor when you begin your search and pre-qualify for a home loan before you begin any negotiation so that you know how much you can afford. Good luck on your journey to finding the perfect home in Phoenix AZ!
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