Jerry Tulman Market Report

December 2016

MARKET REP RT

Grayhawk by the Numbers 10/1/2016 - 11/1/2016, Single Family Detached

8 TOTAL # CLOSED

AVG SOLD PRICE

600,750

97

114 AVG DAYS ON MARKET

LIST/SELL PRICE RATIO 3 Reasons to Sell at the Holidays

1. Buyers looking for tax write-offs before year end. 2. Those with holiday time off have more time to look.

3. Employees being relocated in January need to find a new home fast.

“Providing the Pinnacle of Service to Our Clients”

The Tulman Group www.tulmangroup.com Jerry Tulman | 480.250.1135 jerry@tulmangroup.com

7221 E. Princess Blvd. | Suite 117 | Scottsdale 85255 If your home is currently listed, this is not a solicitation for that listing.

Produced by DLP Marketing • 480.460.0996 • DLPmarketing.com

Exclusively Presented

By The Tulman Group

GRAYHAWK | Activity ADDRESS

SQFT

BED

BATH

LIST/SOLD PRICE

PRICE/SQFT

DOM

8,165 5,251 5,494 4,882 4,174 4,900 4,101 3,516 3,587 3,776 3,906 3,744 2,873 3,440 3,344 3,481 2,431 2,977 2,900 2,532 2,544 4,025 3,639 2,871 2,800 3,705 2,967 2,364 3,039 2,491 3,489 2,579 3,039 2,306 2,440 3,331 2,806 2,544 2,616 2,440 1,903 2,624 2,242 2,319 2,698 2,244

4 6 5 5 4 5 4 4 4 4 4 3 3 4 3 4 3 3 3 2 2 6 5 4 3 5 4 4 4 3 5 4 4 2 4 5 4 2 3 4 3 3 2 2 4 3

6 7 5.5 4.5 4.5 4 3.5 3.5 3.5 3.5 2.5 2.5 3.5 3 3.5 4.5 3.5 3.5 3.5 2.5 2.5 3 3 2.5 3 3.5 3.5 3 3.5 3 3.5 3 3.5 2 2.5 3 2.5 3 2.5 3.5 2 3.5 2.5 3 3 2.5

$3,299,000 $2,350,000 $1,980,000 $1,899,999 $1,625,000 $1,424,900 $1,349,000 $1,279,000 $1,189,000 $1,149,000 $1,075,000 $925,000 $875,000 $839,900 $825,000 $825,000 $795,000 $795,000 $789,000 $775,000 $775,000 $725,000 $710,000 $710,000 $695,000 $684,900 $679,900 $649,500 $649,000 $639,000 $638,000 $628,900 $628,500 $600,000 $600,000 $600,000 $599,500 $599,000 $574,900 $539,800 $535,000 $535,000 $525,000 $524,000 $480,000 $450,000

$404.04 $447.53 $360.39 $389.18 $389.31 $290.80 $328.94 $363.77 $331.47 $304.29 $275.22 $247.06 $304.56 $244.16 $246.71 $237.00 $327.03 $267.05 $272.07 $306.08 $304.64 $180.12 $195.11 $247.30 $248.21 $184.86 $229.15 $274.75 $213.56 $256.52 $182.86 $243.85 $206.81 $260.19 $245.90 $180.13 $213.65 $235.46 $219.76 $221.23 $281.14 $203.83 $234.17 $225.96 $177.91 $200.53

21 22 203 98 163 256 61 70 29 6 47 62 89 27 159 48 23 13 33 149 21 242 20 33 116 24 33 1 212 50 20 35 55 220 13 106 34 27 31 54 11 9 530 112 66 163

3,841 2,538 2,953 2,499 3,101 1,957 2,223 1,386

4 3 3 3 5 3 4 3

3.5 3.5 2.5 2 4 2 2 2

$850,000 $815,000 $650,000 $600,000 $590,000 $482,000 $455,000 $364,000

$221.30 $321.12 $220.11 $240.10 $190.26 $246.29 $204.67 $262.62

50 145 296 69 83 62 140 67

Currently For Sale 21517 N 81st Street 8185 E Fledgling Drive 21634 N 81st Street 8736 E Overlook Drive 8208 E Wingspan Way 8280 E Tailfeather Drive 8266 E Wing Shadow Road 20765 N 83rd Place 20525 N 83rd Place 7798 E Fledgling Drive 21426 N 78th Street 20418 N 83rd Place 8013 E Wingspan Way 7509 E Wing Shadow Road 8130 E Wing Shadow Road 8154 E Wingspan Way 8548 E Angel Spirit Drive 8470 E Gilded Perch Drive 8132 E Windwood Lane 8072 E Windwood Lane 19676 N 84th Street 7412 E Quill Lane 7554 E Tailspin Lane 20514 N 83rd Place 7928 E Quill Lane 7488 E Thunderhawk Road 8410 E Windrunner Drive 7228 E Whistling Wind Way 7329 E Tailfeather Drive 7956 E Feathersong Lane 7207 E Whistling Wind Way 7353 E Tailfeather Drive 7239 E Tailfeather Drive 8222 E Hoverland Road 7773 E Buteo Drive 7583 E Nestling Way 7492 E Buteo Drive 8422 E Havasupai Drive 7639 E Overlook Drive 20442 E Overlook Drive 8147 E Beardsley Road 8254 E Gilded Perch Drive 7922 E Journey Lane 7727 E Thunderhawk Road 21112 N 72nd Place 8155 E Beardsley Road

Recently Sold

21111 N 75th Street 8024 W Windwood Lane 7907 E Quill Lane 7524 E Buteo Drive 7336 E Rustling Pass 7338 E Wingspan Way 7488 E Rustling Pass 7331 E Overlook Drive

GRAYHAWK | Currently For Sale

New Year, New Home

While the gym membership may gather dust once the New Year’s resolutions have faded, a change of address is a possible and practical goal for 2017. January and February are busier months in the real estate market, and Metro Phoenix is currently the eighth most affordable big US city in which to buy a house. This means more leverage for buyers, and while others are sitting on the fence to list, this could result in less competition for prospective sellers.

Armed with a down payment, the savvy homebuyer’s check list should include acquiring their credit score in advance, which will help secure loan pre-approval from a reliable lender. Finding the ideal neighborhood is easy by researching online and by car.

Whether buying or selling, a qualified real estate agent could save you big money when negotiating the best possible deal. Checking off the boxes and resolving to make a new move can indeed make it a Sweet ’17!

CHECKING THE TEMP OF THE MARKET

LOWER

HIGHER

MORTGAGE RATES

All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS.

GRAYHAWK | Recently Sold

LOWER

RATE VOLATILITY

HIGHER

Opinions vary on the likelihood of a Fed policy rate increase at next week’s meeting. Markets are volatile as traders prepare for what they think will happen.

GRAYHAWK | Activity ADDRESS

SQFT

BED

BATH

LIST/SOLD PRICE

PRICE/SQFT

DOM

8,165 5,251 5,494 4,882 4,174 4,900 4,101 3,516 3,587 3,776 3,906 3,744 2,873 3,440 3,344 3,481 2,431 2,977 2,900 2,532 2,544 4,025 3,639 2,871 2,800 3,705 2,967 2,364 3,039 2,491 3,489 2,579 3,039 2,306 2,440 3,331 2,806 2,544 2,616 2,440 1,903 2,624 2,242 2,319 2,698 2,244

4 6 5 5 4 5 4 4 4 4 4 3 3 4 3 4 3 3 3 2 2 6 5 4 3 5 4 4 4 3 5 4 4 2 4 5 4 2 3 4 3 3 2 2 4 3

6 7 5.5 4.5 4.5 4 3.5 3.5 3.5 3.5 2.5 2.5 3.5 3 3.5 4.5 3.5 3.5 3.5 2.5 2.5 3 3 2.5 3 3.5 3.5 3 3.5 3 3.5 3 3.5 2 2.5 3 2.5 3 2.5 3.5 2 3.5 2.5 3 3 2.5

$3,299,000 $2,350,000 $1,980,000 $1,899,999 $1,625,000 $1,424,900 $1,349,000 $1,279,000 $1,189,000 $1,149,000 $1,075,000 $925,000 $875,000 $839,900 $825,000 $825,000 $795,000 $795,000 $789,000 $775,000 $775,000 $725,000 $710,000 $710,000 $695,000 $684,900 $679,900 $649,500 $649,000 $639,000 $638,000 $628,900 $628,500 $600,000 $600,000 $600,000 $599,500 $599,000 $574,900 $539,800 $535,000 $535,000 $525,000 $524,000 $480,000 $450,000

$404.04 $447.53 $360.39 $389.18 $389.31 $290.80 $328.94 $363.77 $331.47 $304.29 $275.22 $247.06 $304.56 $244.16 $246.71 $237.00 $327.03 $267.05 $272.07 $306.08 $304.64 $180.12 $195.11 $247.30 $248.21 $184.86 $229.15 $274.75 $213.56 $256.52 $182.86 $243.85 $206.81 $260.19 $245.90 $180.13 $213.65 $235.46 $219.76 $221.23 $281.14 $203.83 $234.17 $225.96 $177.91 $200.53

21 22 203 98 163 256 61 70 29 6 47 62 89 27 159 48 23 13 33 149 21 242 20 33 116 24 33 1 212 50 20 35 55 220 13 106 34 27 31 54 11 9 530 112 66 163

3,841 2,538 2,953 2,499 3,101 1,957 2,223 1,386

4 3 3 3 5 3 4 3

3.5 3.5 2.5 2 4 2 2 2

$850,000 $815,000 $650,000 $600,000 $590,000 $482,000 $455,000 $364,000

$221.30 $321.12 $220.11 $240.10 $190.26 $246.29 $204.67 $262.62

50 145 296 69 83 62 140 67

Currently For Sale 21517 N 81st Street 8185 E Fledgling Drive 21634 N 81st Street 8736 E Overlook Drive 8208 E Wingspan Way 8280 E Tailfeather Drive 8266 E Wing Shadow Road 20765 N 83rd Place 20525 N 83rd Place 7798 E Fledgling Drive 21426 N 78th Street 20418 N 83rd Place 8013 E Wingspan Way 7509 E Wing Shadow Road 8130 E Wing Shadow Road 8154 E Wingspan Way 8548 E Angel Spirit Drive 8470 E Gilded Perch Drive 8132 E Windwood Lane 8072 E Windwood Lane 19676 N 84th Street 7412 E Quill Lane 7554 E Tailspin Lane 20514 N 83rd Place 7928 E Quill Lane 7488 E Thunderhawk Road 8410 E Windrunner Drive 7228 E Whistling Wind Way 7329 E Tailfeather Drive 7956 E Feathersong Lane 7207 E Whistling Wind Way 7353 E Tailfeather Drive 7239 E Tailfeather Drive 8222 E Hoverland Road 7773 E Buteo Drive 7583 E Nestling Way 7492 E Buteo Drive 8422 E Havasupai Drive 7639 E Overlook Drive 20442 E Overlook Drive 8147 E Beardsley Road 8254 E Gilded Perch Drive 7922 E Journey Lane 7727 E Thunderhawk Road 21112 N 72nd Place 8155 E Beardsley Road

Recently Sold

21111 N 75th Street 8024 W Windwood Lane 7907 E Quill Lane 7524 E Buteo Drive 7336 E Rustling Pass 7338 E Wingspan Way 7488 E Rustling Pass 7331 E Overlook Drive

GRAYHAWK | Currently For Sale

New Year, New Home

While the gym membership may gather dust once the New Year’s resolutions have faded, a change of address is a possible and practical goal for 2017. January and February are busier months in the real estate market, and Metro Phoenix is currently the eighth most affordable big US city in which to buy a house. This means more leverage for buyers, and while others are sitting on the fence to list, this could result in less competition for prospective sellers.

Armed with a down payment, the savvy homebuyer’s check list should include acquiring their credit score in advance, which will help secure loan pre-approval from a reliable lender. Finding the ideal neighborhood is easy by researching online and by car.

Whether buying or selling, a qualified real estate agent could save you big money when negotiating the best possible deal. Checking off the boxes and resolving to make a new move can indeed make it a Sweet ’17!

CHECKING THE TEMP OF THE MARKET

LOWER

HIGHER

MORTGAGE RATES

All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS.

GRAYHAWK | Recently Sold

LOWER

RATE VOLATILITY

HIGHER

Opinions vary on the likelihood of a Fed policy rate increase at next week’s meeting. Markets are volatile as traders prepare for what they think will happen.

December 2016

MARKET REP RT

Grayhawk by the Numbers 10/1/2016 - 11/1/2016, Single Family Detached

8 TOTAL # CLOSED

AVG SOLD PRICE

600,750

97

114 AVG DAYS ON MARKET

LIST/SELL PRICE RATIO 3 Reasons to Sell at the Holidays

1. Buyers looking for tax write-offs before year end. 2. Those with holiday time off have more time to look.

3. Employees being relocated in January need to find a new home fast.

“Providing the Pinnacle of Service to Our Clients”

The Tulman Group www.tulmangroup.com Jerry Tulman | 480.250.1135 jerry@tulmangroup.com

7221 E. Princess Blvd. | Suite 117 | Scottsdale 85255 If your home is currently listed, this is not a solicitation for that listing.

Produced by DLP Marketing • 480.460.0996 • DLPmarketing.com

Exclusively Presented

By The Tulman Group