Housing and Employment in East Valley AZ

There’s good news for housing and employment in east valley AZ. We’re trending upward at rates not seen in a year. New home sales and existing home sales are increasing with one Mesa master-planned community being named to the national Top 20 top-selling communities. Job fairs and employment numbers indicate a strengthening economy. The news couldn’t be better!

Housing Market News

According to the Phoenix Business Journal, new home sales increased from 856 in March 2014 to 954 in March 2015 with a median price of $300,466. During the same period existing home sales increased 28.9% from 6,636 in March 2014 to 8,552 in March 2015 with a median price of $194,000. That’s good news for developers, buyers, and sellers.

Eastmark in Mesa is ranked #8 in the nation as a top-selling master-planned community. Located near the Mesa Gateway airport and Apple’s data center operations, the community boasts custom homes valued in the $200s and above.

Employment in East Valley AZ

It has been a while since we’ve seen job fairs like we’ve seen in the last few months. Typically focused in Phoenix, the east valley has been hosting job fairs for some of the biggest brands in the area. Hospitality, retail, and of course tech jobs have been hot this year. It’s good to see businesses expanding!

If you’re looking to move or grow your business in the east valley az, check out Gilbert Economic Development which offers resources for businesses in the science and technology fields. With 4.5 million square feet of commercial space available today or in development for the near future in Gilbert, this area is set to be a hub for employers and employees alike.

Are you ready to move to Gilbert or the surrounding east valley az? Contact the team at Newman Realty at 480-993-8653 to get started on the search for your dream home.

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July 17, 2015 10:21 am Published by Mark Newman

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