LISA GROTH
21803 N Scottsdale Ridge Scottsdale, AZ 85255
REALTOR®
Each office independently owned and operated.
623.293.0172 LGroth@remax.net www.DiscoverDesertRidge.com
JANUARY 2018 REAL ESTATE MARKET REPORT
Sales Prices are Increasing!
For current market activity, community information, and more, visit:
2017 YEAR-END REVIEW | SEE INSIDE!
www.DiscoverDesertRidge.com MARKET. COMMUNICATE. NEGOTIATE. SOLD.
SUCCESSFUL SALES OF 2017! LISTED BY LISA GROTH, YOUR DESERT RIDGE REAL ESTATE EXPERT SOLD FOR FULL ASKING PRICE!
5 Beds, 3.5 Baths | 3,956 Est. Square Feet
SOLD FOR OVER ASKING PRICE IN 33 DAYS!
5 Beds, 3.5 Baths | 3,376 Est. Square Feet
My Average Days on Market
My Average Sold Price/ List Price Ratio
35
98.44% PRESENTED BY LISA GROTH
Homeowner, As your Desert Ridge real estate expert, it is my mission to help you earn the most from your investment. Call 623.293.0172 to learn how my marketing and negotiation skills have achieved proven results and could help you achieve your goals in 2018! Reflects data from the ARMLS from January 1st through December 31st, 2016 and 2017. Deemed accurate but not guaranteed. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2018
Y O U R D E S E R T R I D G E R E A L E S TAT E S P E C I A L I S T
PREPARED ESPECIALLY FOR
Homeowner
DESERT RIDGE REAL ESTATE MARKET REPORT
LISA GROTH REALTOR® | RE/MAX Excalibur
623.293.0172 LGroth@remax.net www.DiscoverDesertRidge.com
Homeowner, I look forward to another year as your Desert Ridge real estate expert. Call me at 623.293.0172 for assistance with any of your real estate needs!
For current market activity, community information, and more, visit:
Connect with me on
www.DiscoverDesertRidge.com
HOMES RECENTLY LISTED IN DESERT RIDGE (37 Total Available)
THE MEDIAN HOME SALE PRICE IS UP
$44,050 FOR 2017! DESERT RIDGE 2017 YEAR-END REVIEW
$
Median Sold Price
Status
Bedrooms
Total Baths
Estimated Square Feet
List Price
List Date
Active
3
2.0
1,449
$275,000
12/15/17
Active Active Active Active Active Active Active Active Active Active
3 4 3 3 3 4 4 5 4 5
2.5 2.0 2.0 2.0 3.0 3.5 3.0 4.5 3.0 4.0
1,444 2,035 1,828 2,157 1,986 2,363 2,917 3,566 2,463 3,943
$315,900 $459,000 $460,000 $489,000 $514,900 $519,000 $575,000 $598,000 $699,000 $900,000
01/01/18 12/28/17 12/27/17 12/17/17 12/14/17 12/26/17 12/27/17 12/21/17 12/26/17 01/03/18
HOMES ACCEPTING BACKUP OFFERS IN DESERT RIDGE
2017 MEDIAN: $473,000
2017 AVERAGE: $203
Low: $244,000 • High: $1,075,000
Low: $139 • High: $327
There are 15 homes currently accepting backup offers in Desert Ridge.
2016 AVERAGE: $194
They include 3 to 6 bedrooms with 1.75 to 5.5 baths, range in size from 1,289 to 4,317 square feet, and are priced from $272,000 to $849,000. For more information on these listings, call me at 623.293.0172.
2016 MEDIAN: $428,950 Low: $207,950 • High: $1,025,000
Average Price per Square Foot
Low: $126 • High: $266
HOMES PENDING IN DESERT RIDGE
2017
There are 7 homes currently pending in Desert Ridge. They include 3 to 5 bedrooms with 2.0 to 4.5 baths, range in size from 1,449 to 3,566 square feet, and are priced from $288,900 to $695,000. For more information on these listings, call me at 623.293.0172.
HOMES RECENTLY SOLD IN DESERT RIDGE Number of Homes Sold
246 10 FEWER HOMES SOLD THAN 2016
Average Days on Market
Avg. Sold Price/ List Price Ratio
Available Monthly Inventory
72
97.8%
1.8
LOW: 0 • HIGH: 347 3 DAYS FASTER THAN 2016
LOW: 90.6% • HIGH: 108.2% 0.1% LOWER THAN 2016
HOMES LISTED IN 2017: 253 HOMES STILL AVAILABLE: 37
Homeowner, Desert Ridge has seen beneficial changes in its housing market this year. If you’ve considered selling, now is the time to get a great return on your investment! Call me today at 623.293.0172 to find out how I will help you maximize your home’s selling potential! Reflects data from the ARMLS from January 1st through December 31st, 2016 and 2017. Deemed accurate but not guaranteed.
Status
Address
Total Bedrooms Baths
Estimated Square Feet
List Price
List Date
Sold Price
Sold Date
Sold
5250 E Estevan Road
2
2.5
1,733
$419,900
09/22/17
$415,000
01/03/18
Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
22420 N 48th Street 22831 N 54th Street 4023 E Hamblin Drive 3757 E Covey Lane 3918 E Rockingham Road 4318 E Folgers Road 21134 N 36th Place 4629 E Walter Way 3947 E Melinda Drive 4802 E Robin Lane 4309 E Hashknife Road
4 4 5 4 4 3 3 5 3 3 5
2.5 3.5 3.0 3.0 2.0 2.5 2.5 4.0 2.5 2.0 3.5
2,248 3,655 3,259 2,582 2,558 2,236 1,875 3,811 1,444 1,878 3,947
$489,000 $939,000 $550,000 $550,000 $550,000 $469,900 $375,000 $780,000 $308,000 $425,000 $649,900
10/03/17 08/18/17 11/14/17 11/01/17 10/09/17 10/20/17 11/16/17 04/14/17 11/05/17 11/03/17 11/03/17
$475,000 $890,000 $533,500 $540,000 $537,500 $455,000 $367,000 $760,000 $299,500 $428,000 $649,900
01/03/18 01/03/18 01/02/18 01/02/18 12/29/17 12/28/17 12/27/17 12/18/17 12/14/17 12/13/17 12/13/17
Lisa Groth and RE/MAX Excalibur are not in any way affiliated with Desert Ridge Home Owners Association, nor is this in any way an official advertisement or publication of Desert Ridge. © 2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of January 4th, 2018. Listings and sales may not be those of RE/MAX Excalibur. The National Association of Realtors® and ARMLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.