Home Prices Spike, Inventories Stay Tight

The average price of existing home sales jumped significantly in August across all five NoPho zones—the Norterra area, Tramonto & Sonoran Foothills area, New River & Desert Hills, Anthem Parkside and Anthem Country Club. Meanwhile, sales shot up 17 percent compared to last August, leaving inventories tight, especially Norterra and Anthem Parkside.

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Union Park at Norterra: New Details on Upscale Master-Planned Community

A large-scale new master-planned development in North Phoenix finally got a name: Union Park at Norterra. The upscale community, on USAA property along I-17 between Happy Valley and Jomax roads, will combine architecture harkening to the 19th Century with territorial-style homes — and even models inspired by Frank Lloyd Wright — all for a look and feel unlike anything else in NoPho. Amenities will range from a community swimming pool to pickleball courts. We’ve got new details on who the builders are and what the amenities will be.

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