Phoenix Real Estate Market Update for 2012

 Reflecting on 2012 and what’s ahead for 2013

There is no doubt, 2012 has rewarded home owners, to which they say it is about  time!  Some reports are indicating a 15% – 25% increase in home values over  the last 12 months. The graph to the left shows the average $/sq.ft. for homes sold in Gilbert,  which has  rebounded to pre-2009 levels.  Can we expect this favorable trend to continue in 2013, or is this another bubble that will burst in 2013? They tell me I’m an analytic which probably explains why  I’ve included charts and graphs to explain my reasoning, so read on.

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Val Vista Lakes – Westlake, Lakeside & The Regatta offer custom homes in gated lakefront communities

Custom waterfront luxury homes in Val Vista Lakes

If a waterfront home afficionado is looking for a luxury lakefront custom home in a gated community, then Val Vista Lakes needs to be on the short list.  This 900 acre master planned community also has one of the most complete community centers in the valley.   There are three sub-divisions that offer this unique combination;  The Regatta, West Lake Estates, and Lakeside at Val Vista Lakes.

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Gilbert waterfront homes and lake communities

Waterfront homes in Gilbert are some of  the best in Phoenix

In your quest for Phoenix lake communities that have waterfront homes, any search would be incomplete if you didn’t consider the eight waterfront communities in Gilbert.  I’m not counting  subdivisions that have a community lake at the entrance or near the clubhouse.  These are communities in which some of the homes are on waterfront lots.  Specifically, these Gilbert waterfront lake communities are Val Vista Lakes, The Islands, Crystal Point, Santan Lakeside Estates, Playa del Rey,  Lago Estancia, Stonebridge Estates, and Wind Drift.

 

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