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Preston Tribble - Villa Monterey - June 2018

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Preston Tribble

Villa Monterey

Home Smart International 8388 E. Hartford Drive, Suite 100 Scottdale, AZ 85251

REALTOR®

Each office is independently owned and operated.

480.710.8220

prestontribble@gmail.com www.VillaMontereyHomes.com

June 2018 Real Estate Market Report

Ask me about the creative commission structure I’ve designed to save sellers THOUSANDS on the sale of their home!

WHY IS SUMMER THE PERFECT TIME TO LIST YOUR HOME? Dear Jonathan and Angela-Marie, Listing your home in the summer provides an excellent stage to highlight your home and capture the steady buyer demand. Call me today at 480.710.8220 to discuss how I can help you achieve exceptional results for your Villa Monterey home.

Inventory Decreases in June & July

So Many Flipped Properties

The number of new listings typically decreases in the early summer following the rush to sell in the spring.

Investors have been very active in Villa Monterey this year, driving up prices for all current residents.

Price Benchmarks are Established

Days are Longer

The Market is Booming

Longer days offer more time for showings that illuminate your home in a natural daylight, creating greater exposure to more buyers.

Our most recent figures from MLS show average sales prices up 10.2% over last year.

The spring market traditionally sets buyers’ price expectations, so by June home prices have trended towards their peak.

Peak Prices In June 2006, the Valley recorded its highest median sales price to date. This year we are in line to break that record.

Presented by Preston Tribble Your Villa Monterey Real Estate Specialist

www.VillaMontereyHomes.com

Especially Prepared for Jonathan and Angela-Marie Johnson


Real Estate Market Report

AT A GLANCE

Jonathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 480.710.8220.

Homes Recently Sold: 6

Villa Monterey Homes Currently Listed

Preston Tribble REALTOR®

480.710.8220

prestontribble@gmail.com www.VillaMontereyHomes.com

Stunning Investments, Real Value.

Status

Subdivision

Beds

Baths

Estimated Square Feet

List Price

List Date

Active

Villa Monterey 1

2

2.00

1,148

$325,000

02/23/18

Active Active

Villa Monterey 1 Villa Monterey 2

2 2

2.00 2.00

1,323 1,400

$389,000 $384,500

05/21/18 04/19/18

Active

Villa Monterey 4

2

2.00

1,333

$374,900

05/17/18

Active

Villa Monterey 5

2

1.50

1,163

$285,000

05/04/18

Subdivision

Beds

Baths

Estimated Square Feet

List Price

List Date

Pending

Villa Monterey 6

3

3.00

2,382

$399,500

01/23/18

Under Contract

Villa Monterey 6

2

2.00

1,904

$379,900

05/22/18

Under Contract

Villa Monterey 8

2

1.75

1,510

$290,000

05/04/18

Villa Monterey Homes Sold in the Last 30 Days Status Address Sold

#1

Brokerage in Arizona for 2017

Based off total dollar sales, closed volume, and number of agents.

Subdivision

Beds

Baths

Estimated Square Feet

Average Sold Price: $323,383

What will your life look like once you retire? Do you plan to travel? Visit grandchildren more often? Maybe retirement is something you do more on paper because you still plan to work.

Map is a visual representation of MLS data on left page. Google 2018

©

Current Market Activity

List Price

List Date

Sold Price

Sold Date

Sold

7522 E Mariposa Drive Villa Monterey 1 7645 E Meadowbrook Avenue Villa Monterey 2

2 2

2.00 2.00

1,192 1,316

$339,000 $289,900

02/17/18 04/12/18

$329,000 $295,000

05/07/18 05/24/18

Sold

7652 E Rancho Vista Drive

Villa Monterey 3

2

2.00

1,440

$379,900

04/06/18

$379,900

05/14/18

Sold

4914 N 76th Place

Villa Monterey 4

2

1.00

1,092

$232,000

05/02/18

$232,000

05/25/18

Sold

7726 E Northland Drive

Villa Monterey 4

2

2.00

1,440

$389,900

04/14/18

$389,900

05/24/18

Sold

7631 E Bonita Drive

Villa Monterey 7

2

2.00

1,296

$339,000

03/23/18

$314,500

05/14/18

Preston Tribble and HomeSmart International are not in any way affiliated with any Villa Monterey Home Owners Associations, nor is this in any way an official advertisement or publication of Villa Monterey. © 2018. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Association or Realtors® (AOR) and ARMLS as well as property builders by location from May 5th, 2018 through June 5th, 2018. Listings and sales may not be those of HomeSmart International. ARMLS does 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. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

SHOULD I SELL MY HOME WHEN I RETIRE?

Average Active List Price: $351,680

Average Days On Market: 26

Villa Monterey Homes Currently Pending Status

Villa Monterey

“

Active

Pending

Sold

Preston was incredible in the sale of my home! His knowledge of Scottsdale and surrounding areas was unmatched. Thanks to his pro-active communication, the entire process was virtually stress free. Preston did such an excellent job of marketing and advertising that it was sold in no time. Thank you! —Mary L.

“

Villa Monterey

5-Star Review |

Whatever your particular retirement looks like, you have to think about your home. Some people elect to downsize from a house that was once full of kids. Others would stay forever, if possible. It all depends on you and your financial picture. That’s why it’s so important to find a financial advisor/ planner whom you trust to help walk you through decisions like this. He or she will know the questions to ask and can show you how each decision looks on paper. After that, it’s ultimately up to you. Read more at: https://bit.ly/2LVOH9g


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