NoPho Neighborhoods, Schools & Events
Here you’ll find news, analysis and feature articles about residential and commercial real estate in North Phoenix. See also our Guide to NoPho Neighborhoods and our monthly Real Estate Watch, an exclusive analysis of home sales in five NoPho zones.
The new Daisy Mountain Area Action Alliance (DMAAA) is a collaborative effort to address common issues in New River, Desert Hills, Anthem and Tramonto “that threaten the unique lifestyles of our allied communities.”
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A new development of 170 homes is in the planning stages on a parcel of private land near the current Circle Mountain development on the west side of Anthem. The empty plot, northwest of the Post Office, straddles New River. Some Anthem residents are already voicing opposition.
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Total existing home sales for 2018 were down slightly compared to 2017, but the still-robust sales (in contrast to the national picture) drove down inventory across all five zones of NoPho, the I-17 corridor from Norterra to New River. Average sales prices and price per square foot both trended upward across all zones.
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The new year is shaping up to be another of booming residential growth along the I-17 corridor in North Phoenix, with several new residential projects underway or planned. One is taking the boom west of the interstate.
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Two new casita-style communities are in the works for North Phoenix, driven by demand for luxury leased living for those who desire a flexible lifestyle, with no maintenance, no property taxes and no HOA fees:
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Model homes are open and sales underway at the upscale, walkable, master-planned North Phoenix community called Union Park at Norterra, which opened in December. See photos and pricing of new builds by each builder: Cachet Homes, Ashton Woods and David Weekley Homes.
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As existing home sales rose slightly in North Phoenix in November, volume declined 7 percent across the country and fell 15.4 percent in the West.
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Sales of existing homes in November slowed slightly in Anthem Parkside and Country Club and in the Norterra area, according to the latest monthly analysis by North Phoenix News and In&Out Magazine. See where sales rose, plus a complete analysis of prices and inventory in all five zones.
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Lennar was the high bidder yesterday on a 140-acre parcel of Arizona State Trust Land surrounded on three sides by Sonoran Foothills. The home builder paid $22.6 million for the property.
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While some analysts expect the housing market to cool down significantly in 2019, Phoenix could continue to be a hot spot for home sales, according to a new analysis.
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A proposed 1,420-home development on a broad, gently sloping plain abutting the Phoenix Sonoran Desert Preserve in North Phoenix would have its own community center, pool, trails and other amenities typical of a master-planned community. The proposal is in the midst of a rezoning process with the City of Phoenix.
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