local housing dataAvondale’s founding father, William “Billy” G. Moore, arrived in Arizona in the late 1860s, settling near the Agua Fria River around 1880. Billy Moore called his settlement “Coldwater, Arizona” – apparently both for the river and for the water that flowed from a local spring. He served a brief stint as Justice of the Peace for the Agua Fria area. He bought land, established a stage stop, erected a saloon and a general store, and was even Postmaster of Coldwater from 1901 till 1905. In the early 1900s, the Coldwater post office moved to a site near the nearby Avondale Ranch. The post office soon became known as Avondale, and the name Coldwater was discontinued. In December 1946, the City of Avondale was incorporated. TODAY Avondale is a modern city, near the heart of the Phoenix-metropolitan area. The current population is more than 70,000, and is expected to reach 123,000 by the year 2020. The anticipated build-out population is estimated to be 170,000 residents. That rapid growth makes Avondale one of the fastest-growing communities in the valley, and the nation. Over the last decade, housing starts grew more than 700% with a current average home price of $273,000. Household income has steadily increased and is currently estimated at $72,024.