Lisa Groth - Tramonto - June 2018

LISA GROTH REALTOR®

21803 N Scottsdale Ridge, Suite 100 Scottsdale, AZ 85255

JUNE 2018

Each office independently owned and operated.

623.293.0172 LGroth@remax.net www.TramontoLifestyles.com

R E A L E S TAT E M A R K E T R E P O RT

For current market activity, community information, and more, visit:

www.TramontoLifestyles.com MARKET. COMMUNICATE. NEGOTIATE. SOLD.

BEAUTIFUL TRAMONOTO HOME P R E S E N TE D B Y L I S A G R O T H

Presented by

LISA GROTH

UNDER CONTRACT IN JUST 1 DAY! 3229 W. LEISURE LANE 4 BEDS | 2.5 BATHS | 2,958 SQUARE FEET | LISTED AT $350,000

YOUR TRAMONTO R E A L E S TAT E S P E C I A L I S T Prepared Especially for

JOHNATHAN AND ANGELA-MARIE WILLIAMS

www.TramontoLifestyles.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

LISA GROTH REALTOR® RE/MAX Excalibur

TRAMONTO AT A GLANCE

623.293.0172 LGroth@remax.net www.TramontoLifestyles.com Connect with me on:

List Price Range:

Sales Price Range:

$195,000 - $815,000

$325,000 - $728,869

Average Days on Market (Solds):

Average Sold Price per Square Foot:

Average Return of Asking Price:

60

$126

99%

HOMES RECENTLY LISTED IN TRAMONTO (14 Total Available) Status

Bedrooms

Total Baths

Estimated Square Feet

List Price

List Date

Active

3

2.0

1,361

$269,000

05/25/18

Active Active Active Active Active Active Active Active

3 5 3 5 4 5 6 4

2.0 3.0 2.0 3.5 3.5 4.5 3.0 2.5

2,103 2,958 1,945 3,952 3,936 4,205 3,613 3,642

$325,000 $340,000 $365,000 $422,000 $429,999 $499,900 $599,999 $815,000

05/10/18 05/20/18 05/18/18 05/04/18 05/06/18 05/23/18 05/01/18 05/24/18

WAITING CAN COST!

HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO There are 13 homes currently accepting backup offers in Tramonto.

They include 3 to 5 bedrooms with 2.0 to 4.5 baths, range in size from 1,100 to 3,936 square feet, and are priced from $184,900 to $465,000. For more information on these listings, call me at 623.293.0172.

HOMES PENDING IN TRAMONTO There are 12 homes currently pending in Tramonto.

They include 3 to 5 bedrooms with 2.0 to 4.5 baths, range in size from 1,361 to 4,205 square feet, and are priced from $245,000 to $449,900. For more information on these listings, call me at 623.293.0172.

HOMES RECENTLY SOLD IN TRAMONTO Total Bedrooms Baths

Status

Address

Sold

3017 W Caravaggio Lane

4

Sold Sold Sold Sold Sold Sold Sold Sold Sold

36009 N 29th Drive 3219 W Donatello Drive 2617 W Via Perugia 35301 N 30th Avenue 3229 W Leisure Lane 2610 W Luce Drive 35731 N 31st Avenue 34717 N 22nd Lane 35405 N Via Tramonto

5 4 5 4 3 5 5 3 5

Estimated Square Feet

List Price

List Date

Sold Price

Sold Date

2.5

3,380

$385,000

03/01/18

$382,900

05/30/18

4.0 3.0 4.5 2.5 2.5 3.0 3.0 2.5 4.0

3,533 3,433 3,912 2,677 2,958 4,110 3,227 2,169 4,086

$415,000 $379,000 $469,900 $325,000 $349,900 $445,000 $385,000 $334,900 $789,000

03/07/18 12/08/17 02/08/18 01/25/18 04/30/18 03/23/18 04/16/18 03/01/18 01/25/18

$412,000 $374,000 $455,000 $325,000 $355,000 $445,000 $385,000 $334,900 $728,869

05/30/18 05/29/18 05/29/18 05/25/18 05/24/18 05/24/18 05/21/18 05/14/18 05/09/18

Lisa Groth and RE/MAX Excalibur are not in any way affiliated with Tramonto Owners Association, nor is this in any way an official advertisement or publication of Tramonto. © 2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of May 31st, 2018. Listings and sales may not be those of RE/MAX Excalibur. The National Association of Realtors® and ARMLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

HOW DOES WAITING AFFECT THE SALE OF YOUR HOME AS INTEREST RATES RISE? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.44% TO 5.1%...

LOAN AMOUNT

INCREASED COST

$250,000

$35,841

$500,000

$71,682

$750,000

$107,522

$1,000,000

$143,364

Johnathan and Angela-Marie, Call 623.293.0172 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate by the end of 2019.