Paradise Valley Gated March 10

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Philanthropic Roots

March 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 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!

Brief Market Data for Paradise Valley (Inclusive of non-gated areas as well) • The median home price of Paradise Valley homes is $1.317M versus $1.350 last month, $1.495 last quarter and $1.750 last year. • Of the 12 P.V. homes that have sold in the last 30 days for over $1M; 9 were built in the last five years.

• The number of Paradise Valley homes listed for sale has held steady for four months now. (This statistic is better than if listings were increasing.) 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.

Paradise Valley Gated Communities (Since last issue)

KEVIN WEIL

THE WILLIAMS REAL ESTATE COMPANY 10605 N. Hayden Rd. Suite G-120 Scottsdale, AZ 85260

Subdivision Cheney Estates Cheney Place La Place Du Sommet Finisterre La Place Du Sommet Hummingbird Place El Maro Estates

Address 7032 E. Morten Ave. 7202 N. 71st St. 5841 E. Quartz Mtn. Dr. 6200 N. Yucca Rd. 5665 E. Cheney Dr. 7050 N. 69th Pl. 8404 N. El Maro Cir.

Sq. Ft. / Bed / Bath 3,682 / 3 / 3.5 6,430 / 5 / 6 7,863 / 5 / 6 6,572 / 5 / 6.5 11,003 / 4 / 6.5 8,644 / 5 / 6.5 13,206 / 7 / 10

Sold Price $910,000 $1,550,000 $1,600,000 $2,135,000 $2,600,000 $3,500,000 $3,950,000

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

Volunteer Opportunities in the Valley

• The sales per month in P.V. have averaged 28 homes for the last two months. The average for the last two years was 19. (This is a nice improvement.)

Most Recent Sales in

Certified Luxury Home Marketing Specialist Mobile: 602.793.7492 E-Mail: Kevin@KevinWeil.com

Giving Back:

• The average price per square foot for all listed P.V. homes is $466.22. The price per square foot for the 31 currently in escrow is $303.90.

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

Fine Wine & Delectable Cuisine A Gala in Support of Cystic Fibrosis

A National Charity with Local Roots Meet Childhelp

www.KevinWeil.com


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