2023 Annual Sales Report for Desert Mountain

DESERT MOUNTAIN Annual Sales Report 2023

Bee Francis

Kathleen Benoit

Maddi Elfgren

Sales Executive

Sales Executive

Executive Sales Assistant

M. 602.679.3193

M. 480.544.5565

M. 630.379.4900

powerplus@russlyon.com | WWW.LUXURYHOMESDESERTMOUNTAIN.COM

Dear Valued Client, We appreciate your interest in reviewing our 2023 Annual 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.

Our recent market has shifted to a more balanced market and 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 - DECEMBER 20 23

Lowest price

Median price

Average price

Highest price

Increase from previous year

Decrease from previous year

Decrease from previous year

Increase from previous year

1.1%

4.8%

1.5%

20.8%

Annual Market Analysisof Sold Homes LOWEST PRICE

MEDIAN PRICE

AVERAGE PRICE

HIGHEST PRICE

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

HOMES SOLD BY

HOMES AVAILABLE BY

Price Bracket

Price Bracket

ANNUAL

CURRENT

HOMES

2023

2022

2021

HOMES

2023

2022

2021

Under 1 million

4

1

14

Under 1 million

0

0

0

1 - 1.5 million

23

15

48

1 - 1.5 million

1

8

1

1.5 - 2 million

28

24

58

1.5 - 2 million

7

13

1

2-3 million

51

47

57

2-3 million

14

18

12

Over 3 million

60

55

80

Over 3 million

53

51

32

Total Units

166

142

257

Total Units

75

90

46

Total $ Volume

$484.8 M

$421 M

$672.6 M

Total $ Volume

LOWEST PRICE

MEDIAN PRICE

AVERAGE PRICE

$950,0 0 0 $2,60 0,0 0 0 $2,920,437 $12,0 0 0,0 0 0 JANUARY - DECEMBER 2023

$ 333.5 M $330.7 M

HIGHEST PRICE

$343.9 M

* Homessold with Golf Membership

7* Homessold with Seven- Golf Membership

Highlighted sales in 2023 includes sales both by The Power of 4 team and Bee & Kathleen POWER+

* *Homessold with LifestyleMembership

* Homessold with Golf Membership

*7* Homessold with 7-Golf Membership

* *Homessold with LifestyleMembership

Highlighted sales in 2023 includes sales both by The Power of 4 team and Bee & Kathleen POWER+

LOTS SOLD BY

LOTS AVAILABLE BY

Price Bracket

Price Bracket

ANNUAL

CURRENT

HOMES

2023

2022

2021

HOMES

2023

2022

2021

Under 250 K

0

0

16

Under 250 K

0

0

0

250 K+ - 50 0 K

9

6

31

250 K+ - 50 0 K

4

6

2

50 0 K+ - 750 K

10

6

11

50 0 K+750 K

12

8

3

750 K+ - 1M

7

7

11

750 K +1M

2

7

4

Over 1 million

8

14

9

Over 1 Million

13

15

9

Total Units

34

33

78

Total Units

31

36

18

Total $ Volume

$ 24.8 M

$36 M

$45.9 M

Total $ Volume

$ 39.3 M

$47.3 M

$26.6 M

Annual Market Analysisof Sold Lots LOWEST PRICE

MEDIAN PRICE

AVERAGE PRICE

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

HIGHEST PRICE

Lowest price

Median price

Average price

12.5%

45.5%

32.7 %

Decrease from previous year

Decrease from previous year

Decrease from previous year

Highest price

18.4% Decrease from previous year

A SUMMARY OF THE SALES ACTIVITY IN DESERT MOUNTAIN | JANUARY - DECEMBER 20 23

LOWEST PRICE

MEDIAN PRICE

AVERAGE PRICE

$320,0 0 0 $ 615,0 0 0 $ 821.419 $ 1,90 0,0 0 0 JANUARY - DECEMBER 2023

HIGHEST PRICE

* Lotssold with Golf Membership

7* Lotssold with 7-Golf Membership

Highlighted sales in 2023 includes sales both by The Power of 4 Team and Bee & Kathleen POWER+

Apache Peak 94 Preserve , Lot 94 Apache Peak MLS# 6408694

This homesite, withelevationof 3,700, offerspanoramicviewsfromNorthEast toSouthof theentireMazatzal, SuperstitionandMcDowell mountainrange.

1.62 Acres | BLD ENV. 20,913 | $1,775,000 | Golf Membership Available

Gambel Quail 192 MLS# 6644922

Easy buildwithgolf course, sunset anddistant mountainviews. Conveniently locatednear thefront gateandRenegadegolf course.

1.07 Acres | BLD ENV. 21,602 | $749,000

MEET POWER+ TEAM Bee and her husband John have been active members of Desert Mountain since 1993, where they raised their two children, Philip and Jonna. Originally from Sweden, Bee has a strong business background in economics. She has been an active agent in Desert Mountain since 1997. Her down-to-earth style, high energy, and smart negotiation skills contribute to The POWER+ status as the most productive sales team in Desert Mountain. The couple currently splits their time between Desert Mountain and a second home in Vancouver, Canada, whenever their busy schedules allow.

Bee is also an avid hiker and loves to hike on the beautiful trails of Desert Mountain with her dogs.

Kat hleen and her husband Pierre decided to make Desert Mountain Apache Peak Village their year-round home in 20 0 6 after enjoying over 20 years of vacations in Scottsdale. With nearly four decades of experience, Kathleen is a seasoned real estate agent who has excelled in luxury communities, including the San Francisco Bay Area and Chicago's North Shore, before settling in Desert Mountain. Kathleen's extensive expertise in real estate transactions, exceptional communication skills, and a proven track record of success are second nature to her. Her professionalism, results-driven mindset , and personal approach to client service have played pivotal roles in contributing to the POWER+ team's status as the top-selling team in Desert Mountain.

* Bee, Kathleen & Maddi are former members of The Power of 4 Team

Maddi moved to North Scottsdale after falling in love with the Sonoran Desert lifestyle. She previously lived in Chicago where she offered operational support for over a decade to the CEO of Healthcare Information Services, which specializes in revenue management & consulting. Prior to Chicago, Maddi traveled the world working as an international fashion model. She parlayed her extensive and unique background in management , travel and the world of fashion with a keen eye for marketing into her passion for luxury real estate. Having renovated and sold several of her own homes while living in Chicago, Maddi possesses a unique skill set that makes her an asset to POWER+ and their clients. She is fluent in English, Swedish and German.

BUY WITH US LIST WITH US

Bee Francis

Kathleen Benoit

Maddi Elfgren

Sales Execut ive

Sales Execut ive

Execut ive Sales Assist ant

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