Jon Mirmelli - December 2020 Newsletter

JON MIRMELLI REAL ESTATE GROUP

FEATURED LISTINGS

December 2020

JUST

LISTED

ACTIVE

Cave Creek

29112 N 67th Street, Cave Creek, AZ 85331 4 Beds | 3.5 Baths | 3,547 SQFT | $895,000

SEE INSIDE FOR MORE FEATURED LISTINGS

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FEATURED

LISTINGS

TROON FAIRWAYS

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25838 N 104TH PLACE, SCOTTSDALE, AZ 85255 4 Beds | 2.5 Baths | 3,583 SQFT | $865,000

iews! Views! Views! Located in the exclusive Troon Fairways gated community just East of Pinnacle Peak. Owned Solar. 4bd/3ba with 3 car garage and pool located on large 1/2+ acre lot. Mountain views from every room.

Gourmet kitchen, large walk-in pantry, and breakfast bar that opens up to the family room. Large Master bathroom and walk in closet. See floor plan for layout. Seller just had exterior of home painted, new garage doors installed and a new flat roof was done with a transferable 10 yr warranty. Great price for custom home in this privately gated Troon community that is minutes from Pima Rd and close to top retail and restaurants.

CAVE CREEK

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29112 N 67TH ST, CAVE CREEK, AZ 85331 4 Beds | 3.5 Baths | 3,547 SQFT | $895,000

ustom crafted remodel with exceptional use of natural elements inside and out. This 4bd / 3.5 ba 1 level home has no interior steps, includes separate guest casita, 3 car garage and an expansive 1.25 acre lot with no HOA restrictions. See photos 4 and 5 for floor plan and site plan to best understand the home layout and lot opportunities this property offers. Home includes owned solar system that has a zero net cost to the homeowner. Sq.Ft. includes detached casita. Temperature controlled garage is outfitted for use of industrial tools and there is an RV gate and space for RV parking included.Â

ZIP CODE

# OF CLOSED LISTINGS

AVERAGE SOLD PRICE

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CLOSED

PRESENTED BY

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MARKET WATCH

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AVERAGE SALE/LIST PRICE

AVERAGE $/SQFT

AVERAGE DOM

0.98 0.99 0.98 0.98 0.98 0.99 0.99

$270.26 $260.04 $292.24 $316.36 $344.86 $287.88 $301.52

52 47 51 67 112 82 49

PARADISE VALLEY 85253 66 $2,836,962 0.95 $484.34 85250 57 $478,465 1 $262.36

124 33

SCOTTSDALE

HOMES RECENTLY SOLD

DEC 2020 10/10/20 – 11/11/20

85259 85260 85258 85255 85262 85266 85254

57 90 83 174 100 55 111

$929,179 $523,875 $660,986 $1,025,191 $1,400,450 $993,863 $630,702

FOUNTAIN HILLS 85268 88 $624,173 0.98 $245.98

NW VALLEY RENTAL MARKET FOCUS 85308 109 $404,245 1 $190.27 85382 67 $345,200 1 $187.78

55

67

30 30

100

homes closed

homes closed

75

homes closed

174

109

homes closed

homes closed

111

homes closed

90

homes closed

57

homes closed

83

homes closed

66

homes closed

57

homes closed

The properties on this list have been listed/sold by various members of the MLS. If your home is currently listed, this is not a solicitation for that listing. Data reported is based upon sales information provided by the MLS as of January 27, 2020. Data deemed to be reliable but not guaranteed. Each office is independently owned and operated.

88

homes closed

CLOSED

MARKET WATCH PRESENTED BY

Jon Mirmelli Real Estate Group

SEE INSIDE

Jon Mirmelli Real Estate Group Sold in 2020

Need help selling your existing home or looking to buy? Please call Jon today! Referrals always appreciated.

As we close the year out, I’d like to thank all of you who have helped fuel our various charitable fundraising efforts.

This year alone, with your generous participation, we have raised close to $90,000 for St. Mary’s Food Bank – the most efficient charity I’ve come across where every $1 helps provide 7 meals.

Hope you and your families have a great holiday season and please remember to turn to me whether you are buying or selling as I will treat your investment decisions as if they were my own.

Thank you and Happy Holidays, Jon Mirmelli

Julianna Kinkade | 602.570.9171 If your home is currently listed, this is not a solicitation for that listing.

BD / BA

SQFT

SOLD PRICE

7675 E MCDONALD DR 211 4925 E DESERT COVE AVE 114 7931 W ROSE GARDEN LN 6239 W DESERT HILLS DR 2818 E ASTER DR 3956 E CAT BALUE DR 17124 E EL PUEBLO BLVD

1 / 1.5 3 / 2 4 / 2.5 4 / 2.25 3 / 2 3 / 2.5 3 / 2 4 / 3 4 / 2 3 / 2 4 / 3 3 / 2.5 4 / 2.75 5 / 4.5 3 / 2.5 4 / 3 5 / 4 5 / 4 5 / 3 4 / 2.5 4 / 3.5 4 / 3.5 4 / 4 4 / 3.5 5 / 5.5 6 / 4.5 5 / 4.5 6 / 6.5

884 1,194 2,291 2,606 1,609 1,654 1,565 3,507 1,971 1,914 2,523 2,358 2,539 4,847 2,560 3,637 4,005 3,885 3,550 3,646 2,645 4,084 5,754 4,661 3,932 5,680 6,982 6,321

$245,000 $252,500 $347,000 $360,000 $360,000 $366,000 $437,000 $472,000 $530,000 $540,000 $555,000 $584,990 $662,500 $735,000 $820,000 $855,000 $870,000 $870,500 $935,000 $950,000 $977,500 $1,310,000 $1,400,000 $1,460,000 $1,595,000 $1,652,625 $2,100,000 $3,175,000

19012 N 78TH LN 10959 N 111TH ST 14357 N 98TH PL 24553 N 75TH WAY 7417 E PARAISO DR 9663 E CLINTON ST

5324 E GOLDEN PUMA TRL 12678 N 113TH WAY 7530 N 11TH AVE 11238 E SORREL LN 11942 E IRONWOOD DR 5321 E SAHUARO DR 8261 E WINDROSE DR 3318 E GEORGIA AVE 4444 E CAMELBACK RD 25 6828 N 48TH ST 9604 E DIAMOND RIM DR 10936 E SCOPA TRL 9038 E ANN WAY 6725 N 65TH PL 9820 E CACTUS RD

Jon Mirmelli | 602.300.1900 JonMirmelli@gmail.com | JonMirmelli.com P

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Jon Mirmelli Real Estate Group

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is almost in the books with unexpected results in the AZ real estate market. Currently, the entire Phoenix metropolitan area has under 8,000 total homes available for sale and over 13,500 homes pending/ under contract that have not yet closed.

That is close to a 2 to 1 ratio of homes under contract to active listings. What is fueling this? A combination of historically low interest rates (30 yr fixed rates close to 2.5%), large number of inbound moves from many large cities in the US and better values with lower costs of ownership. There are currently no signs of a slowdown, but we are all watching for indicators and if we’ve learned anything, get used to not knowing what is coming next. However, I fully expect that AZ will continue to outperform the Country in real estate sales and growth given all that AZ has to offer as a state and value received.

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2020

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