Phoenix Central Real Estate & Homes for Sale in Arizona
Incorporated in 1881, Central Phoenix is young by historical standards but now ranks as one of the fastest growing cities in the nation. Phoenix is the capital of Arizona and the sixth largest city in the United States with a population exceeding 1.5 million. Homes here are attractively priced and located in neighborhoods with a sophisticated infrastructure that includes schools, parks, local shopping centers and other public gathering spaces. Real estate options consist of single-family homes, high-rise loft housing and urban lofts, condominiums, townhouses, historic properties and land lots for custom building.(more)
Visitors, residents and businesses will find that Central Phoenix offers just about everything in the way of sports, recreation, arts, culture, dining and lodging, and financial opportunities. Because of the beautiful weather, locals can enjoy a vast array of recreational activities year-round. For those residing in Central Phoenix, being connected to everything this modern metropolis has to offer is a rewarding way of life. A litany of cultural and artistic attractions are located in the immediate area, as are a variety of entertainment venues, retail and commercial centers, business complexes and an eclectic mix of restaurants, bars and nightclubs.
The city is supported by a modernized transportation network including a new light rail system, a strong education system and the investments of large corporations and professional sports franchises which have long-term arrangements in place to continue to drive the region's economy in the right direction. Additionally, major hotels such as the historic Arizona Biltmore populate the area which serves to make Central Phoenix an attractive year-round tourist destination.
Central Phoenix Real Estate Market - Price Range of Phoenix Central Houses for Sale
From high-rise loft housing and urban lofts, modern and contemporary townhouses to single-story, ranch styled homes, Central Phoenix has the right property for you. Central Phoenix condos and townhouses are priced from $30,000 to in excess of $1.4 million and are typically located in more densely populated areas. Two-, three- and four-bedroom homes situated near schools, parks and local markets range in price from $85,000 to $750,000 and up depending on size, location and amenities. Larger homes in more exclusive areas or in newer master-planned communities near Central Phoenix can be priced as high as $2 million depending on location and amenities.(more)
Phoenix's answer to Beverly Hills or Manhattan's Upper East Side is a low profile enclave of quiet mansions next to the Arizona Biltmore Resort and Spa. Affectionately known as "the Circle," the Biltmore Estates Drive neighborhood meanders around a golf course. A select few historic real estate properties are also available as are plots of land for custom development.
Phoenix Central Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $206,812 compared to $206,812 the previous week, to remain steady with no change in listing price. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.