South Buckeye poised for housing growth

By Mike Sunnucks | Rose Law Group Reporter

The Buckeye submarket south of Interstate 10 is poised for some significant new home construction.

Steven Hensley, market manager for real estate research firm Zonda, said there are as many as eight new residential developments under construction or slated for the West Valley area.

Hensley said those new subdivisions will bring between 1,500 and 2,000 homes to south Buckeye.

“These are big developments,” he said.

Henlsey said the existing Blue Horizons development in south Buckeye is selling out which is prompting interest in the area from other builders.

“That market is going to change in the coming months,” said Hensley.

Meritage Homes, Pulte Homes, Richmond American Homes and D.R. Horton are among the builders with new homes being built or planned in the south Buckeye, Hensley said. “They are all going to be opening up projects,” he said.

The new homes are going to be priced between the high $200,000s and mid $300,000s, Hensley said.

That will provide some needed new supplies of entry level homes for prospective buyers.

“All these lots are under development in various stages,” Hensley said.

The Phoenix market continues to see a dearth of new homes as well as rising prices that could price out first-time and entry-level buyers.

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories

Top 10 multifamily builders for 2022

By Ranking Arizona | AZ Big Media Here are the Top 10 multifamily builders in Arizona, based on public voting for the 2022 edition of Ranking Arizona, the state’s biggest and most comprehensive business

Read More »