When to Sell a Home in an Arizona Retirement Community can be a bit more complicated than the average real estate sale. From navigating HOA fees to competing with new construction, it’s important to understand the rhythm of this niche market. It also pays to stay current on housing trends that impact sales, like low interest rates and rising millennial demand.

When to List: Insights on Selling in Arizona Retirement Communities

Currently, interest rates are near historic lows and real estate market activity in the 55+ community segment is booming. This makes buying a home in this demographic an attractive proposition for many buyers, especially those looking to retire and live a more active lifestyle.

However, new home construction is not keeping pace with the increased demand, which creates a supply shortage. This has pushed up prices, but it also gives buyers the opportunity to find deals in this market, particularly if they are willing to do some legwork to look beyond new developments and purchase homes in pre-owned communities. These options include foreclosures, bank-owned properties, and probate or estate sales that offer motivated sellers.

Arizona’s enticing combination of beautiful weather, tailored communities, vibrant cultural experiences, and practical considerations such as tax benefits make it an appealing choice for retirees. This is evident in the high resale value of homes in 55+ communities across the state, which are often priced well below their national median. The best time to buy in these markets is from late spring through fall, as this coincides with the peak of snowbird season and draws more serious buyers to the scene.