Verrado Real Estate Market: Stats & Trends in 2023

Verrado Real Estate Market: Stats & Trends in 2023

The planned community of Verrado has had a reputation for growth and prosperity since its inception in 2004. New homes, small businesses, and desirable lifestyles encourage the real estate market. Many new companies are planting locations on the corner of Interstate 10 and Verrado Way, fortifying Verrado as an economic epicenter.

The coming year bodes well for the largest suburban community in the Phoenix metro area. Are you considering a move to Verrado? Here are seven of our predictions entering 2023.

Main Street Americana will entice buyers

Main Street at Verrado is modeled after small-town Americana. Everything about its atmosphere updates the American Dream. Local professionals, families, and couples enjoy a fantastic selection of boutiques and cafes. The town’s sidewalks brim with retail experiences you have to see to believe.

  • Bashas’ on Main Street is grocery shopping for the elite. Residents can stock their fridges and walk-in pantries with the store’s fresh bakery goods, delicious meat and seafood, and fragrant floral selection.

  • Locals and visitors can pamper themselves at The Blue Daisy Day Spa. This hair salon comes with numerous bonuses. Patrons receive cupcakes and beverages and can opt for facials, sugar scrubs, or neck and shoulder massages.

  • Orange Leaf Frozen Yogurt is a healthy treat for all. Customers partake in numerous frozen yogurt flavors, with alternatives available for various health needs and 36 choices for toppings!
Main street visitors casually stroll or bike from place to place, mingling and taking in the sun. Home buyers will certainly want to tour Verrado homes for sale with such a desirable ambiance.

Residents will support local growers and producers

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Verrado Farmers Market is a brand-new shop for locally produced groceries. It is set to re-open in November 2022, so interested shoppers will be excited to check out the fresh inventory. Locals will gather at Verrado Commons to partake in delicious fruits and vegetables, locally cultured wines, baking masterpieces, and gorgeous arts and crafts. The store is connected to Arizona Farmers Markets, so quality is guaranteed!

New industry will send a positive message

As a real estate hub, Verrado is showing improvement and progress. For example, Sunrise Market in Verrado is under construction and seeking new vendors. The structure will have a sophisticated, cutting-edge architectural design that houses shops that match Verrado’s small-town appeal. Sunrise is officially leased halfway and set to open in 2023. Local and corporate business owners would greatly benefit by checking out this piece of Verrado real estate.

Verrado Marketplace is another business venture on the horizon. Planned on a larger scale than Main Street or Sunrise Market, DMB Associates and Vestar are teaming up to create a $125 million retail supercenter. Construction will begin in 2023 and extend into 2024 (so participating companies are not yet known). The location will have an adjoined outdoor space and other amenities to make it a local gathering hub. The onset of this facility is a welcome sign that Verrado will remain financially successful.

The healthcare industry will flourish

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Advanced medical options are yet another sign of affluent living. Residents will be glad to know medical centers are breaking ground around Verrado. Chief among these is Abrazo Health, which will soon open a new office in Buckeye. Abrazo is one of the leading health providers in the western part of Arizona. The company’s sixth main campus will house numerous practitioners, urgent care offices, and an acute care hospital.

A solid education system will attract professionals and families

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Verrado has a high-performing school system comprising Litchfield Elementary School District, Agua Fria High School District, and Saddle Mountain Unified District. Local schools are highly rated and well-attended, indicating a thriving community. A city that invests in its educational system most likely supports other township areas.

New homebuyers can bid confidently that their school-aged children will receive good educations. Families will be eager to enroll their children in the schools; meanwhile, young professionals and couples will know they’ve found a valuable town. The excellent schools of Verrado are another sign that home sales will increase in 2023.

Community bonding will appeal to newcomers

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Verrado residents have more than 75 clubs to choose from, so everyone has a local community group to join. Sports lovers can compete in adult co-ed sports, basketball, softball, and youth triathlon clubs. Culture lovers mingle at the Main Street Book Club and English Tea Style Club. Victory at Verrado members meet regularly to practice yoga or play dominoes. These are just a handful of the bonding opportunities Verrado has available.

Worth highlighting, The Giving Tree is a group that focuses on charitable causes. They give back to the community with trips to The Joy of Giving Holiday Gift Drive, Phoenix Rescue Mission, and the Annual Feed My Starving Children Value Pack.

Each neighborhood in Verrado has a leader who facilitates connections throughout the larger community. Citizens are assigned a park based on which section of the community they are in, and the leader guides each one to events, organizations, and other people in the same vicinity. This leadership, sponsored by the Verrado Assembly, instantiates a close-knit feel all Verrado homeowners should experience.

Adventure seekers will flock to Verrado’s amusements

Remarkably, the above aspects are just the tip of the iceberg of Verrado’s appeal. The activities in the surrounding areas are also incredible. Trail 340 is a fantastic 500-foot hike 200 feet above sea level. Heritage Swim Park has everything for aquatic fun: a resort-style pool, wading pool, firepit, and barbecue pit. Finally, the 78 unique community parks are gorgeous and welcoming. Verrado prioritizes community experience through its organizations, events, and atmosphere. All told, 2023 homebuyers will be eager to enter the Verrado real estate market.

Barbara Hopkins at Hopkins Residential can provide accurate predictions for Verrado’s market future. As a local expert, she has found success in the real estate industry for 15 years and is a maven of the Phoenix market. Contact Barbara for accurate tips on navigating the Verrado real estate market.

*Header photo courtesy of Shutterstock

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