SALESREPORT DESERT MOUNTAIN
2023
firstquarter
6027087300 | powerof4@russlyoncom| WWWDESERTMOUNTAINHOMEEXPERTSCOM
BeeFrancis Sales Executive KathleenBenoit Sales Executive KarenBaldwin Sales Executive Maddi Elfgren ExecutiveSales Assistant
DearValuedClient,
We appreciate your interest in reviewing our First-Quarter Sales Report It provides a comprehensive breakdown of the Desert Mountain real estate market and a summary of the 2023 sales activity to date in the community We strive to provide our clients with all of the data available to us and further build your trust in us to market and sell your properties in this exclusive area
As the market has shifted to a more balanced sanity, many owners are contemplating what this means to them, and whether to consider building, selling, up-sizing, down-sizing, or possibly remodeling and remaining in place We are here full-time - including throughout the summer - to assist you with any and all of these considerations Please give us a call, email or text if we can help you evaluate the ?next best steps?in your home ownership plan
Thank you for your consideration - We look forward to hearing from you!
$6,025,000 $3,093,477 $3,029,000 $1,150,000
LOWEST PRICE MEDIAN PRICE AVGPRICE HIGHEST PRICE JANUARY- MARCH 2022 AnnualMarket AnalysisofSoldHomes 4.5% 16.5% 4.7% 15.1% Lowest price Median price Average price Highest price Decrease from previous year Decrease from previous year Decrease from previous year Increase from previous year A SUMMARY OF THE SALES ACTIVITY IN DESERT MOUNTAIN | JANUARY - MARCH 2023
HOMES AT AGLANCE
HOMES SOLD BY PriceBracket
HOMES AVAILABLEBY
PriceBracket
$7,100,000 $2,954,825 $2,600,000 $1,100,000
JANUARY- MARCH 2023
HOMES HOMES 2021 2023 2021 2022 2021 2023 Under 1million 1- 15 million 15 - 2 million 2 - 3 million Over 3 million Total Units Total $ Volume Under 1million 1- 15 million 15 - 2 million 2 - 3 million Over 3 million Total $ Volume Total Units 0 0 4 7 3 14 5 4 21 11 12 11 13 21 36 36 74 $106 3 M $1114 M $199 6 M 1 0 0 6 8 1 12 9 1 28 22 12 50 42 32 97 81 46 $3775 M $216 7 M $216 7 M LOWEST PRICE MEDIAN PRICE AVGPRICE HIGHEST PRICE FIRST-QUARTER CURRENT 17
HOMES SOLDBYVILLAGE
LOTS SOLDBYVILLAGE ApachePeak Preserve94|20,913BLD ENV |70,524SQ FT |$1,799,000 |MLS#6422069 AVAILABLE LOT
$2,250,000 $1,166,794 $942,000 $360,000
JANUARY- MARCH 2022
LOWEST PRICE MEDIAN PRICE AVGPRICE HIGHEST PRICE
SOLD BY PriceBracket
AVAILABLEBY PriceBracket HOMES HOMES 2023 2022 2022 2021 2023 Under 250K 250K500K 500K750K 750K1M Over 1 million Total Units Total $ Volume Under 250K 250K500K 500K750K 750K1M Over 1 Million Total $ Volume Total Units 0 0 9 2 2 9 3 2 3 0 5 4 1 8 1 6 17 26 $ 4 3 M $19 5 M $12 0 M 0 1 6 3 9 6 7 4 18 9 40 23 $ 50 7 M $28 3 M AnnualMarket AnalysisofSoldLots 2021 0 4 2 4 7 17 $18 8 M THIRD-QUARTER CURRENT
LOTS ATAGLANCE LOTS
LOTS
$711,667 $600,000 $380,000
JANUARY- MARCH 2023 $1,625,000
LOWEST PRICE MEDIAN PRICE AVGPRICE HIGHEST PRICE A SUMMARY OF THE SALES ACTIVITY IN DESERT MOUNTAIN | JANUARY - MARCH 2023 5.3% 57.0% 64.0 % 38.5% Lowest price Median price Average price Highest price Increase from previous year Decrease from previous year Decrease from previous year Decrease from previous year
BeeFrancis Sales Executive KathleenBenoit Sales Executive KarenBaldwin Sales Executive Maddi Elfgren ExecutiveSales Assistant © 2019 Russ Lyon Sotheby?s Internat ona Realty All rights reserved Sotheby?s International Rea ty® and the Sotheby?s Internat ona Realty Logo are service marks licensed to Sotheby?s International Realty Affiliates LLCand used w th permiss on Russ Lyon Sotheby?s International Rea ty fully supports the pr nciples of the Fa r Housing Act and the Equal Opportun ty Act Each franch se is independently owned and operated Any services or products prov ded by ndependently owned and operated franchisees are not provided by, affiliated with or related to Sotheby?s International Realty Affiliates LLCnor any of its aff ated companies 6027087300 | powerof4@russlyoncom| WWWDESERTMOUNTAINHOMEEXPERTSCOM