Lisa Groth - Desert Ridge - November 2020

3RD QUARTER SUCCESS BY LISA! YOUR HOME COULD BE NEXT UNDER CONTRACT IN TWO WEEKS!

SOLD FOR 100% OF ASKING PRICE!

MARKET REPORT

NOVEMBER

2020

Each office independently owned and operated.

SOLD FOR 98% OF ASKING PRICE!

Desert Ridge 3 Beds | 2.0 Baths | 1,849 Square Feet

18281 N Pima Road C100 Scottsdale, AZ 85255

5 Beds | 3.5 Baths | 3,936 Square Feet

SOLD FOR 100% OF ASKING PRICE!

LISA GROTH REALTOR®

w w w. D i s c o v e r D e s e r t R i d g e . c o m

623.293.0172 Lgrmxprofessionals@gmail.com www.DiscoverDesertRidge.com

Prepared Especially for

For current market activity, community information, and more, visit: 5 Beds | 3.0 Baths | 2,958 Square Feet

5 Beds | 3.0 Baths | 4,110 Square Feet

JONATHAN-THOMAS AND ANGELA-MARIE, If you would like your home professionally marketed and featured in my publications, call me at 623.293.0172.

www.DiscoverDesertRidge.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020

JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON Presented by

LISA GROTH YOUR REAL ESTATE SPECIALIST IN DESERT RIDGE

HOMES RECENTLY LISTED IN DESERT RIDGE Status

Bedrooms

Total Baths

Approximate Square Feet*

List Price

Active Active Active Active Active Active

2 3 3 3 3 5

2.5 2.5 2.0 2.5 2.0 4.5

1,500 1,700 1,300 2,200 2,100 3,500

$365,000 $382,900 $384,990 $575,000 $614,900 $695,000

LISA GROTH

HOMES PENDING OR ACCEPTING BACKUP OFFERS IN DESERT RIDGE

REALTOR® | Platinum Living Realty

623.293.0172

(SHOWING 6 OF 19 CURRENT LISTINGS)

There are 21 homes currently pending and 20 homes currently accepting backup offers in Desert Ridge.

www.DiscoverDesertRidge.com

HOMES RECENTLY SOLD IN DESERT RIDGE

Receive the most accurate assessment of your home's value! You will not be contacted with any other solicitation.

Status

Address

Sold Sold Sold Sold Sold Sold Sold Sold

3949 E Melinda Drive 23114 N 45th Place 23019 N 43rd Place 23110 N 45th Place 21525 N 37th Street 4841 E Melinda Lane 4715 E Gatewood Road 4353 E Abraham Lane

Total Bedrooms Baths 3 4 3 5 6 4 4 4

2.5 2.5 2.5 4.5 4.5 2.0 2.5 2.0

HOME VALUES HAVE INCREASED! There is Less than One Month of Inventory; It’s a Seller’s Market!

SOLD PRICE

SOLD PRICE PER SQUARE FOOT

DAYS ON MARKET

SOLD PRICE/LIST PRICE RATIO

2020 AVERAGE:

2020 AVERAGE:

$243

2020 AVERAGE:

37 Days

2020 AVERAGE:

LOW: $340,000 HIGH: $1,015,000

LOW: $165 HIGH: $308

LOW: 0 DAYS HIGH: 143 DAYS

LOW: 94.1% HIGH: 104.0%

10% Over 2019

13% Over 2019

39% Over 2019

0.7% Over 2019

$551,752

Lgrmxprofessionals@gmail.com Connect with me on:

DESERT RIDGE 2020 THIRD QUARTER REVIEW

Approximate Square Feet*

List Price

Sold Price

Sold Date

1,900 2,900 2,200 3,600 4,300 1,500 2,000 2,000

$435,000 $824,900 $565,000 $998,000 $950,000 $400,000 $430,000 $548,000

$430,000 $825,000 $550,000 $985,000 $965,000 $401,000 $425,000 $548,000

09/30/20 09/30/20 09/28/20 09/28/20 09/25/20 09/24/20 09/24/20 09/24/20

Lisa Groth and Platinum Living Realty are not in any way affiliated with Desert Ridge Home Owners Association, nor is this in any way an official advertisement or publication of Desert Ridge. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of October 2nd, 2020. Listings and sales may not be those of Platinum Living Realty. ARMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Approximate square feet rounded to the nearest hundred.

99.3%

“Home price data show that sellers are raising asking prices at a double-digit pace, and surprisingly, eager buyers are willing to give them what they’re looking for.” —Danielle Hale, Chief Economist, Realtor.com Data based on listings from ARMLS from July 1st to September 30th, 2019 and 2020. Information deemed accurate but no guaranteed.

Jonathan-Thomas and Angela-Marie, Your Desert Ridge community had a fantastic quarter, with increases in several key market indicators. The demand for your community remains high, with current inventory pointing to a seller’s market.

Now is a great time to consider listing your home and taking advantage of the upward trends. If you are thinking about selling, contact me today at 623.293.0172.