Lisa Groth-Tramonto - March 2021

LOW I N VEN TO R Y | IT ’ S A S E L L ER’ S MA RKET

LET ME HELP YOU ACHIEVE YOUR REAL ESTATE GOALS!

16451 N Scottsdale Road #101 Scottsdale, AZ 85254

MARCH 2021

Each office independently owned and operated.

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

www.TramontoLifestyles.com

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

LISA GROTH REALTOR®

623.293.0172 Lgrmxprofessionals@gmail.com www.TromontoLifestyles.com

MARKET. COMMUNICATE. NEGOTIATE. SOLD.

PENDING IN UNDER A WEEK!

Do you know the current value of your HOME?

35826 N. 33rd Lane | 3 Beds | 2 Baths | 1,945 Square Feet “I hired Lisa Groth to sell my home in August. She was facing numerous challenges in the sale. I wanted to sell quickly, and we had only been in the property for a little over three years. We were nearing the end of traditional buyers looking to move in before school started, and our house was built for people with multiple children.

Lisa quickly put a marketing plan together, gave us expert advice on where to set the price, got amazing photos taken, helped us stage for walkthroughs, and put up with my challenging personality.

Within three weeks, we sold for above our asking price! She helped us through a difficult process of bringing the house into the condition the buyers demanded in a short time frame. We closed on the date promised; I have sold multiple homes and Lisa is the only agent who closed on the date promised! She is a smart, hard-working, extremely knowledgeable agent. I would recommend her highly.”

—Loren J. | 5-Star Zillow Review

Negotiate, Negotiate, Sell... Lisa Delivers Results!

Thinking of selling? Get started today.

Call me at 623.293.0172.

Presented by

LISA GROTH YOUR TRAMONTO REAL ESTATE SPECIALIST Prepared Especially for

Visit: www.TromontoLifestyles.com Jonathan-Thomas and Angela-Marie, 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.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON

www.TramontoLifestyles.com

LISA GROTH REALTOR® | RE/MAX Fine Properties

623.293.0172 Lgrmxprofessionals@gmail.com www.TromontoLifestlyes.com

2021 Real Estate Predictions

Connect with me on:

HOW VACCINES, CURRENT ADMINISTRATION, AND MORE COULD SHAPE HOUSING TRENDS

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

www.TramontoLifestlyes.com

TRAMONTO CURRENT MARKET ACTIVITY

16

$419,900

55

Homes Recently Sold

Average Active List Price

Average Days On Market (Solds)

Active

Accepting Backup Offers

Pending

Mortgage Rates Will Stay Low...ish

HOMES CURRENTLY LISTED IN TRAMONTO Status

Beds

Total Baths

Approximate Square Feet

List Price

Active Active

3 5

2.0 3.0

1,945 3,227

$369,900 $469,900

HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO

Sold

There 4 homes currently accepting backup offers in Tramonto.

Most experts expect mortgage rates to stay low for quite a while – through 2021 and beyond.

Home Prices Will Keep Rising The start of the year should see some steep increases, and growth will slow once vaccines reach the general public.

They include 3 to 5 bedrooms with 2.0 to 4.0 bathrooms, range in size from 2,423 to 3,542 approximate square feet, and are priced from $425,000 to $860,000. For more information on these listings, call me at 623.293.0172.

Competition Will Calm Unless a Housing Tax Credit is Passed

HOMES PENDING IN TRAMONTO

The number of for-sale listings should increase through most of 2021.

If the Tax Credit passes, it could ramp up competition.

There are 12 homes currently pending in Tramonto.

They include 3 to 5 bedrooms with 2.0 to 3.5 bathrooms, range in size from 1,689 to 3,952 approximate square feet, and are priced from $369,900 to $565,000. For more information on these listings, call me at 623.293.0172.

The flexibility people now enjoy through working remotely is contributing to migration patterns, as well as the desire for more space.

HOMES RECENTLY SOLD IN TRAMONTO Status Address

© 2021 Google This map is a visual representation of the data on the middle page.

The data and corresponding location pins are deemed to be accurate but not guaranteed.

Some location pins may not be visible and/or updated with the latest location data.

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

2612 W Rapalo Road 3310 W Leisure Lane 34979 N 30th Avenue 34806 N 31st Avenue 2642 W Florimond Road 36101 N 29th Drive 2622 W Perdido Way 3013 W Sentinel Rock Road 36102 N 30th Avenue 3208 W Caravaggio Lane 3449 W Florimond Road 3005 W Sentinel Rock Road 2530 W Old Paint Trail 3403 W Zuni Brave Trail 2606 W Languid Lane 3237 W Leisure Lane

Beds

Total Baths

Approximate Square Feet

List Price

5 4 3 3 4 5 5 4 5 6 3 6 4 4 3 4

3.5 2.0 2.0 2.5 2.0 3.5 3.5 2.5 4.5 3.0 2.0 4.5 3.0 2.5 3.0 2.0

3,667 1,941 1,100 1,642 2,348 3,138 3,376 2,995 3,533 2,771 1,416 3,200 2,493 2,958 3,520 2,230

$919,999 $369,900 $250,000 $299,900 $475,000 $549,900 $500,000 $448,000 $498,900 $449,000 $314,900 $448,000 $368,000 $425,000 $609,500 $359,900

Sold Price Sold Date $920,000 $395,000 $250,000 $297,500 $480,000 $550,000 $510,000 $448,000 $495,000 $405,000 $314,900 $448,000 $368,000 $430,000 $565,000 $360,000

The Suburbs Will Continue Their Hot Streak

02/01/21 01/25/21 01/21/21 01/11/21 01/11/21 01/11/21 01/07/21 12/29/20 12/23/20 12/22/20 12/18/20 12/18/20 12/16/20 12/16/20 12/14/20 12/10/20

Lisa Groth and RE/MAX Fine Properties are not in any way affiliated with Tramonto Home Owners Association, nor is this in any way an official advertisement or publication of Tramonto. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of February 3rd, 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.

Homes Will Get Bigger With More Health-Related Amenities People want more space. Consumers want larger and more efficient housing. Interest around saving money will grow.

Foreclosures Will Jump, but Not as Much as You Might Expect Historically low rates, strong demand, and surge in urban and suburban migration ensure homeowners can more easily sell.

Jonathan-Thomas and Angela-Marie, 2021 is on track to be another record-setting year. With still historically low interest rates, an increase in homebuilding, strong demand, and low inventory, now is the time to sell! Call me today at 623.293.0172 for a free consultation.

Published by Aly J. Yale on December 28th, 2020 on money.com