Richmond American Homes buys 53 lots in Goodyear for $2.49M

MICHAEL GOSSIE

Richmond American Homes bought 53 lots in Goodyear for $2,949,600, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the northeast corner of   Citrus and Yuma roads in Goodyear, breaks down to $55,652.83 per lot.

The seller was Steele Investments Inc. Profit Sharing Trust.


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The buyer brokers were Rick Jellies and Chris Benjamin from City to City.

The lots are part of the Canyon Trails development in Goodyear.

Goodyear has become a hotbed for growth in the past several years.

Data shows that by several accounts, 2020 was somehow a year of growth in several markets. S&P 500 hit a historic high in September, eCommerce sales jumped by nearly a third, home sales are on track to exceed the previous year’s numbers, and lots of people moved to Goodyear and Buckeye in the West Valley.

Top Cities People Moved To in 2020 (Net Growth)

1. Boise, ID (+300%)

2. Venice, FL (+292%)

3. Georgetown, TX (+213%)

4. Goodyear, AZ (+135%)

5. Sarasota, FL (+126%)

6. Cape Coral, FL    (+103%)

7. Simpsonville, SC (+94%)

8. Punta Gorda, FL (+76%)

9. Saint Augustine, FL (+75%)

10. Buckeye, AZ (+75%)