By Paul Giblin | The Arizona Republic
A region in north Peoria has the second hottest housing market in the Valley, just behind and ahead of the Phoenixmetro area’s two most well-known luxury communities.
Homebuyers in the 85383 ZIP code in north Peoria recorded a combined $766 million in total sales last year, according to Street Scout Home Values, an annual analysisofmetroPhoenix’shousingmarket done with the Information Market.
In comparison, buyers in north Scottsdale spent $983 million in total sales value, while buyers in Paradise Valley spent $693 million.
Three other factors stand out in the north Peoria housing boom:
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