TORREY TURNER REALTOR®
1971 McCulloch Blvd. N. #102 Lake Havasu City, AZ 86403
928.846.4629 torreyapturner@gmail.com www.HavasuFoothillsLiving.com
HAVASU FOOTHILLS ESTATES www.HavasuFoothillsLiving.com
• Proud Havasu Foothills Estates Homeowner • Licensed Realtor • Certified Luxury Home Marketing Specialist • Court Appointed Special Advocate (CASA) Volunteer for Children • Certified Paralegal • Registered Patent Agent
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APRIL 2021 REAL ESTATE MARKET REPORT
@TorreyTurnerProperties
Torrey’s Featured listings Listed by Torrey Turner, your Havasu Foothills Estates Real Estate Expert
AVAILABLE!
AVAILABLE! © Gary Meyers
3501 HOLLISTER DRIVE | $945,000
1041 CORTE ESTRELLA | $675,000
3 Beds | 3.5 Baths | 2,300 Est. Square Feet
1.29 Acre Flat Lot on a Quiet Cul-De-Sac
PENDING!
© Gary Meyers
PENDING!
© Gary Meyers
1021 PLAZA ROCA | $895,000
2543 HILLVIEW DRIVE | $510,000
3 Beds | 2 Baths | 2,015 Est. Square Feet
3 Beds | 2 Baths | 1,404 Est. Square Feet
© Gary Meyers
PRESENTED BY TORREY TURNER Your Havasu Foothills Estates Real Estate Specialist & Neighbor
Jonathan and Angela-Marie, Whether you’re looking for an investment property or looking to relocate, upsize, or downsize, I can help achieve your goals. Call me today at 928.846.4629.
PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS
HAVASU FOOTHILLS ESTATES
TORREY TURNER REALTOR®
928.846.4629
REAL ESTATE MARKET REPORT
torreyapturner@gmail.com www.HavasuFoothillsLiving.com • Proud Havasu Foothills Estates Homeowner • Licensed Realtor • Certified Luxury Home Marketing Specialist • Court Appointed Special Advocate (CASA) Volunteer for Children • Certified Paralegal • Registered Patent Agent
Follow me on:
HOMES CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES
Look Forward to Coming Home
@TorreyTurnerProperties
ADDRESS
BEDS
BATHS EST. SQ. FT.* POOL RV GARAGE
CASITA
LIST PRICE
DOM
COURTESY OF
1000 Corte Tranquilla
3
4
2,400
Yes Yes - Double
No
$1,275,000
63
Keller Williams Arizona Living Realty
2061 Circula De Hacienda
6
7
6,400
Yes Yes - Double
Yes
$2,600,000
128
Selman & Assoc. - Swanson
THERE ARE 7 HOMES CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. For more information on these homes, contact me today at 928.846.4629.
WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
BETTER REGULATIONS ON LOANS Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
EQUITY IS GROWING QUICKLY 2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
SUPPLY IS STILL MUCH LOWER THAN DEMAND Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.
PERMANENTLY WORKING FROM HOME COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
NEXT GENERATION INFLUENCE Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
BUILDERS CAN’T KEEP UP Some home builders have reported a ten-month waiting time for construction while others are using a lottery system.
HOMES SOLD IN THE LAST 3 MONTHS IN HAVASU FOOTHILLS ESTATES ADDRESS
BEDS
TOTAL BATHS
EST. SQ. FT.*
POOL
RV GARAGE
CASITA
LIST PRICE
SOLD PRICE
DOM
7091 Circula De Hacienda
3
4
3,000
Yes
No
Yes
$975,000
$950,000
206
1011 Corte Piedra
4
5
3,100
Yes
Yes
Yes
$1,249,500
$1,225,000
111
1021 Plaza La Cresta
4
4
3,000
Yes
Yes - Double
No
$1,375,000
$1,350,000
63
3090 Avenida Del Sol
4
7
3,200
Yes
Yes
No
$1,850,000
$1,730,000
0
6685 Calle Del Sol
4
5
2,800
Yes
Yes - Double
Yes
$1,895,000
$1,864,000
3
LOTS CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES ADDRESS
1041 Corte Estrella
ACRES
LIST PRICE
DOM
1.29
$675,000
18
COURTESY OF
Realty One Group Mountain Desert-Lh
THERE ARE 3 LOTS CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. Call me about homesites available in Havasu Foothills Estates. Lot prices range from $235,000 to $695,000.
LOTS SOLD IN THE LAST 3 MONTHS IN HAVASU FOOTHILLS ESTATES When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.
Jonathan and Angela-Marie, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate goals. Call me today at 928.846.4629 for a free consultation!
ADDRESS
ACRES
LIST PRICE
SOLD PRICE
DOM
2050 Circula De Hacienda
1.82
$389,900
$370,000
69
1020 Circula De Hacienda
0.99
$375,000
$375,000
118
5031 Circula De Hacienda
0.43
$245,000
$246,000
135
7020 Circula De Hacienda
0.5
$269,900
$255,000
384
Torrey Turner and Realty ONE Group Mountain Desert are in no way affiliated with Havasu Foothills Estates Owners Association, nor is this in any way an official advertisement or publication of Havasu Foothills Estates. Torrey Turner is not claiming that she sold the properties, or was a party to the transaction. ©2021. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Lake Havasu Association of Realtors (LHAR) for December 16th, 2020 through March 18th, 2021. Listings and sales may not be those of Realty ONE Group Mountain Desert. LHAR does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded to the nearest hundred.