Annual Desert Mountain Sales Report 2022

DESERT MOUNTAIN Annual Sales Report 2022

Bee Francis Sales Executive

Karen Baldwin Kathleen Benoit Sales Executive

Sales Executive

Maddi Elfgren Sales Executive Assistant

602.708.7300 | powerof4@russlyon.com | WWW.DESERTMOUNTAINHOMEEXPERTS.COM

Dear Valued Client, We appreciate your interest in reviewing our 2022 Annual Sales Report. It provides a comprehensive breakdown of the Desert Mountain real estate market and a summary of the 2022 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.

Our recent market has continued at a record breaking pace! Because of this, many owners are contemplating what this means to them, and whether to consider building, selling, upsizing, downsizing, 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!

A SUMMARY OF THE SALES ACTIVITY IN DESERT MOUNTAIN | JANUARY - JUNE 20 22 Lowest price

22.3% Increase from previous year

Median price

Average price

Highest price

Increase from previous year

Increase from previous year

Decrease from previous year

11.7%

21.1%

10.5%

Annual Market Analysisof Sold Homes LOWEST PRICE

MEDIAN PRICE

AVG PRICE

$730,0 0 0 $2,150,0 0 0 $2,617,149 $10,50 0,0 0 0 JANUARY - DECEMBER 2021

HIGHEST PRICE

HOMES

AT A GLANCE HOMES SOLD BY

HOMES AVAILABLE BY

Price Bracket

Price Bracket

ANNUAL

CURRENT

HOMES

2022

2021

2020

HOMES

2022

2021

2020

Under 1 million

1

14

58

Under 1 million

0

0

2

1 - 1.5 million

15

48

60

1 - 1.5 million

8

1

20

1.5 - 2 million

24

58

42

1.5 - 2 million

13

1

26

2-3 million

47

57

45

2-3 million

18

12

35

Over 3 million

55

80

29

Over 3 million

51

32

31

Total Units

142

257

234

Total Units

90

46

114

Total $ Volume

$421 M

$672.6 M $423.9 M

LOWEST PRICE

MEDIAN PRICE

Total $ Volume

AVG PRICE

$940,0 0 0 $2,725,0 0 0 $2,964,883 $9,50 0,0 0 0 JANUARY - DECEMBER 2022

$ 330.7 M $216.7 M

HIGHEST PRICE

$343.9 M

HOMES

SOLD BY VILLAGE

* Homessold with Golf Membership Available * *Homessold with LifestyleMembership Available

HOMES

SOLD BY VILLAGE

* Homessold with Golf Membership available * *Homessold with LifestyleMembership available

LOTS

AT A GLANCE LOTS SOLD BY

LOTS AVAILABLE BY

Price Bracket

Price Bracket

ANNUAL

CURRENT

HOMES

2022

2021

2020

HOMES

2022

2021

2020

Under 250 K

0

16

38

Under 250 K

0

0

11

250 K+ - 50 0 K

6

31

25

250 K+ - 50 0 K

6

2

14

50 0 K+ - 750 K

6

11

10

50 0 K+750 K

8

3

6

750 K+ - 1M

7

11

4

750 K +1M

7

4

9

Over 1 million

14

9

0

Over 1 Million

15

9

3

Total Units

33

78

77

Total Units

36

18

43

Total $ Volume

$ 36 M

$45.9 M

$25.1 M

Total $ Volume

$26.6 M

$25.1 M

$ 47.3 M

Annual Market Analysisof Sold Lots LOWEST PRICE

MEDIAN PRICE

AVG PRICE

$88,50 0 $425,0 0 0 $589,738 $4,50 0,0 0 0 JANUARY - DECEMBER 2021

HIGHEST PRICE

Lowest price

75.4% Increase from previous year

Median price

Average price

52.5% Increase from previous year

45.9 % Increase from previous year

Highest price

100% Decrease from previous year

A SUMMARY OF THE SALES ACTIVITY IN DESERT MOUNTAIN | JANUARY - DECEMBER 20 22

LOWEST PRICE

MEDIAN PRICE

AVG PRICE

$360,0 0 0 $ 895,0 0 0 $ 1,0 89,712 $ 2,250,0 0 0 JANUARY - DECEMBER 2022

HIGHEST PRICE

LOTS

SOLD BY VILLAGE

* Lotssold with Golf Membership available

OUR

LOT LISTINGS Apache Peak Preserve 94 Apache Peak Preserve , Lot 94

Conceptual drawings

20,913 BLD. ENV. | 70,524 SQ. FT. | $2,350,000 | MLS# 6422069

Lost 13 Lost Star,Star 13

23,000 BLD. ENV. | 54,289 SQ. FT. | $2,500,000 | MLS# 6429607

Karen Baldwin Bee Francis Sales Execut ive

Sales Execut ive

Kathleen Benoit

Maddi Elfgren

Sales Execut ive

Execut ive Sales Assist ant

602.708.7300 | powerof4@russlyon.com | WWW.DESERTMOUNTAINHOMEEXPERTS.COM © 2019 Russ Lyon Sotheby?s International Realty. All rights reserved. Sotheby?s International Realty® and the Sotheby?s International Realty Logo are service marks licensed to Sotheby?s International Realty Affiliates LLC and used with permission. Russ Lyon Sotheby?s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby?s International Realty Affiliates LLC nor any of its affiliated companies.