Lisa Groth-Tramonto - January 2022

LISA GROTH

16451 N Scottsdale Road #101 Scottsdale, AZ 85254

REALTOR®

JANUARY 2022 REAL ESTATE MARKET REPORT

Each office independently owned and operated.

623.293.0172 Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com

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

TRAMONTO PREPARED ESPECIALLY FOR

JONATHAN-THOMAS AND ANGELA-MARIE WAHSINGTON

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

EXPERIENCE TRAMONTO SUCCESS WITH LISA GROTH! Sold in Just 5 Days for 99% of Asking Price!

3410 W Galvin Street | Sold for $495,000 | 3 Beds | 2.0 Baths | 1,773 Square Feet

What Your Neighbors are Saying About Lisa Groth “Lisa is the best if your looking to sell your home. She was always available if you had questions and kept me informed until my home was sold. My home was only on the market a short time before I had two offers. She worked around my time schedule and assisted me with repairs I needed done.” ~5-Star Zillow Review Jonathan-Thomas and Angela-Marie, If you are thinking about selling your home in this unique market, call me today at 623.293.0172 to have your home professionally marketed to hundreds of potential buyers!

PRESENTED BY

LISA GROTH

LISA GROTH

Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Lisa Groth, your Tramonto real estate specialist. You will not be contacted with any other solicitation.

REALTOR® | RE/MAX Fine Properties

623.293.0172 Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com Connect with me on:

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

Visit: www.TramontoLifestyles.com

www.TramontoLifestyles.com

HOMES RECENTLY LISTED IN TRAMONTO

(13 TOTAL HOMES LISTED)

Status

Bedrooms

Total Baths

Approximate Square Feet*

List Price

List Date

Active

3

2.5

1,500

$470,200

11/21/21

Active Active Active Active Active Active

6 4 5 4 5 4

3.0 3.0 2.0 2.0 4.0 3.5

2,800 2,500 2,300 2,400 3,500 4,400

$589,000 $599,000 $613,300 $632,000 $670,000 $849,900

10/20/21 10/22/21 11/23/21 11/16/21 10/22/21 11/11/21

HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO There are 5 homes currently accepting backup offers in Tramonto.

They include 3 to 5 bedrooms with 2.5 to 3.5 bathrooms, range in size from 1,500 to 4,100 approximate square feet*, and are priced from $420,000 to $885,000. For more information on these listings, call me at 623.293.0172.

Looking Ahead: Is a Normal Real Estate Market on the Horizon?

HOMES PENDING IN TRAMONTO

There are 12 homes currently pending in Tramonto.

They include 3 to 6 bedrooms with 2.0 to 3.5 bathrooms, range in size from 1,400 to 4,100 approximate square feet*, and are priced from $451,000 to $685,000. For more information on these listings, call me at 623.293.0172.

HOMES SOLD IN THE LAST 30 DAYS IN TRAMONTO Total Bedrooms Baths

Status

Address

Sold

3410 Galvin Street

3

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

2538 Florentine Road 3221 Galvin Street 2917 Donatello Drive 2513 Florentine Road 3002 Caravaggio Lane 3219 Languid Lane 2506 Florentine Road 3449 Little Hopi Drive 3002 Via De Pedro Miguel 34702 25th Lane 34705 24th Avenue 2614 Florentine Road 3001 Espartero Way 34709 26th Avenue

3 4 5 5 3 3 4 4 5 4 4 4 3 3

Approximate Square Feet*

List Price

List Date

Sold Price

Sold Date

2.0

1,800

$499,000

10/22/21

$495,000

12/01/21

2.5 2.5 4.0 2.5 2.0 2.0 2.5 3.0 3.5 3.0 3.5 2.5 2.0 2.5

1,600 3,000 3,500 2,500 1,900 1,900 2,100 2,000 3,900 2,000 4,000 2,500 1,800 1,800

$420,000 $565,000 $685,000 $500,000 $560,000 $599,000 $459,000 $549,900 $635,000 $498,000 $699,999 $505,000 $489,900 $469,000

10/16/21 10/01/21 10/15/21 09/12/21 09/09/21 10/01/21 09/20/21 09/30/21 07/28/21 09/17/21 09/14/21 09/22/21 09/16/21 09/13/21

$444,000 $560,000 $700,000 $485,000 $555,000 $590,000 $470,000 $545,000 $635,000 $498,000 $695,000 $506,000 $510,000 $469,000

11/29/21 11/29/21 11/29/21 11/24/21 11/19/21 11/18/21 11/15/21 11/15/21 11/15/21 11/12/21 11/12/21 11/10/21 11/05/21 11/03/21

Lisa Groth and RE/MAX Fine Properties are not in any way affiliated with Tramonto Owners Association, nor is this in any way an official advertisement or publication of Tramonto. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of December 2nd, 2021. Listings and sales may not be those of RE/MAX Fine Properties. 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.

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022

2022 REAL ESTATE PREDICTIONS: • Sale prices will continue to increase, but at a slower rate than 2020 and 2021. Experts predict a 12.0% increase in year-over-year sale prices by July 2022, while last year experienced an 18.6% increase.

• Inventory is expected to rise, allowing the market to cool off and buyers more time and options while searching for their home.

• Interest rates will remain favorable to buyers and keep home sales going steady. Freddie Mac forecasts 4.0% interest rates by the end of 2022, and experts predict rates to be around 3.6%.

https://homesca.net/real-estate-blog/2022-housing-market-forecast-boom-or-bust/

Jonathan-Thomas and Angela-Marie, As we enter 2022, we can be sure of one thing – the real estate market will continue to evolve. Now more than ever, you need an experienced Tramonto Realtor in your corner. Call me today at 623.293.0172 to get the latest updates on home values in your area and marketing and negotiation skills that can help you achieve the highest sale price!