Paradise Valley Gated Jan 10

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Philanthropic Roots

January 2010

Working for a company rooted in philanthropy continuously reminds me of perspective. With over $300,000 donated to numerous community charity partners, our unique platform of consistent philanthropic donations supports our community through each real estate endeavor. Each of my successful real estate transactions results in a donation to Phoenix Children’s Hospital or a worthwhile Arizona charity of your choice that benefits those far less fortunate than you and I. If you are considering selling over the next few years, call me and we can discuss maximizing your interests well ahead of time. If you know someone who might like to obtain the Paradise Valley lifestyle for today’s new prices, please have them call me. If you want some additional

Brief Market Data for Paradise Valley (Inclusive of non-gated areas as well) • Bank-owned homes and short sales make up half the sales in Paradise Valley. • The price per sq. ft. for Sold homes has decreased by 24% over the last 12 months.

HIGHLIGHTING THREE VALLEY CHARITIES

• The median price of Paradise Valley homes is 67.3% of the what it was at the peak. • Active listings have actually slightly decreased to 449 in all of Paradise Valley. • Sales per month in Paradise Valley are increasing to 27 or about twice what they were one and two years ago.

information on the fine charities you see highlighted in each issue – call me and I’ll never even ask you about buying or selling real estate!

After looking at the statistics above it’s natural to feel disappointed. But as much as we may pine for the values of 2004-2008, our desires don’t affect value. “Perception is not what is, … it’s what man thinks is.” In our market today, the perception of home values has changed. As much as we don’t embrace this change, we must remember that values are what the market will bear. If you are curious about concrete quantifiable information with which to make your individual informed real estate decisions, you will not find a more interesting statistical analysis than I can provide. One particular set of datum I compile will empower you with some simple knowledge you will not find elsewhere. Call me at your convenience.

Most Recent Sales in

Paradise Valley Gated Communities

KEVIN WEIL

Certified Luxury Home Marketing Specialist Mobile: 602.793.7492 E-Mail: Kevin@KevinWeil.com THE WILLIAMS REAL ESTATE COMPANY 10605 N. Hayden Rd. Suite G-120 Scottsdale, AZ 85260

Subdivision Colonia Miramonte Colonia Miramonte Cheney Estates Estates at Lincoln Casa Blanca Estates Sanctuary Cameldale Finisterre

Address 5434 E. Lincoln Dr. 10 5434 E. Lincoln Dr. 28 7031 E. Morten Ave. 4811 E. Pebble Ridge Rd. 6620 E. Kasba Cir. 5700 E. McDonald Dr. 10 6221 E. Huntress Dr.

Sq. Ft. / Bed / Bath 3,228 / 4 Bed / 3 Bath 2,900 / 3 Bed / 2 Bath 4,915 / 4 Bed / 5 Bath 7,750 / 5 Bed / 7 Bath 7,676 / 4 Bed / 5 Bath 5,500 / 4 Bed / 6 Bath 8,471 / 5 Bed / 5.5 Bath

Sold Price $750,000 $1,319,850 $1,490,000 $2,050,000 $2,500,000 $2,500,000 $3,040,000

All information is deemed reliable but not guaranteed. If your home is currently listed, this is not a solicitation for that listing.

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

The Williams Real Estate Company An Organization Rooted in Philanthropy

Paradise Valley Real Estate The Latest Statistics & Market Update

www.KevinWeil.com


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