By Steve Burks | AZBigMedia
The numbers definitely grab your attention. The West Valley (which is made up of Avondale, Glendale, Goodyear, Peoria, parts of Phoenix and Surprise) has a population of more than 1.7 million people, with an average household income of more than $70,000 per year, well over the Maricopa County average of $57,000. Of those 1.7 million people, 62 percent (or just over 1 million people) are working age. If you need a workforce, it’s there.
The West Valley leads the way in land sales in the market, with just user $2 billion in land sales in 2019.
“These land sales are what is guiding the future,” said Greg Vogel of Land Advisors Organization, who has been brokering deals in the West Valley since 1985. “People are buying this land for a reason, and that is to deploy it.”
As the high volume of land sales might suggest, the West Valley has been leading the state in development of large industrial and data center development and has some of the most successful master-planned communities in the country. The West Valley has entertainment options, easy access to the great outdoors in the White Tank Mountain Regional Park or Lake Pleasant, high-performing schools and even a growing higher education segment. Seemingly, the West Valley has it all going for it.