City Stats: Litchfield Park, Arizona: Land For Sale In Litchfield Park, Arizona
I remember growing up as a kid on the western side of Phoenix, i.e. Glendale/Peoria, etc. There was always a certain stigma pertaining to east vs. west, in regard to how eastern Phoenicians see western Phoenicians. Statistically, if one were to look at general amenities, etc. it’s true that the eastern portion of Phoenix (i.e. Paradise Valley, Scottsdale, Chandler, etc.) seems to hold more “upscale allure” than the western municipalities (Glendale, Peoria, Surprise, etc.).
So as a child, when one of my neighborhood friends, whose family was very well-to-do; as in CFO-of-Ping- well-to-do proudly announced that her family was buying property, and building a custom home in Litchfield Park, I was instantly shocked. I mean, after all….the western cities were sometimes looked at sideways. Why on Earth would the wealthiest family in our neighborhood want to move further west?!
Nowadays, Litchfield Park boasts some of the most alluring properties in the entire state! Perhaps that had something to do with the fact that the Litchfield Park Land For Sale back in the day, was founded by an executive of Goodyear in 1916. Paul Litchfield came to Arizona to buy land to farm a breed of long-staple cotton that was previously only available off the coast of Georgia, domestically….or Egypt, internationally.
The founding of Litchfield park held its allure all the way until the crash of 2006, at which point Litchfield Park, Arizona land values were at a monstrous $234,602 average land sale price per acre. Even still, while some of the western municipalities struggled to overcome the burdon of the real estate burst, Litchfield Park, Arizona land prices recovered to a stable $59,563 by 2012! Even more impressive, thus far in 2013, the average land price per acre (inclusive of all sizes), has grown to almost $70,000! (all land stats. ARMLS)
Hindsight is always 20/20, and it’s easy to see nowadays why a savvy investor, and entrepreneur would elect to pack up his family, and move further west. And even though, sometimes the east/west stigma still applies, Litchfield Park, Arizona can proudly boast its own amongst the more “luxurious” spots in Arizona!
For more information on Litchfield Park land for sale, or to learn more about other tracts of land for sale in Arizona, visit us today at AllAcres. Be sure to subscribe, and follow us on Facebook! AllAcres.com is your total source for land sales!