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LISA GROTH REALTOR®

MARCH 2022 REAL ESTATE MARKET REPORT

1645 N Scottsdale Road #10 Scottsdale, AZ 8524 Each office independently owned and operated.

623.293.0172

TRAMONTO

Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com

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

PREPARED ESPECIALLY FOR

JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON

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

LI S T TODAY, SELL TOMORROW SUCCESS BY LISA GROTH IN TRAMONTO

Pending in Just 1 Day Over Asking!

2634 W FLORENTINE ROAD

PENDING AT $615,000 4 BEDS | 3.1 BATHS | 2,483 SQ. FT.

Jonathan-Thomas and Angela-Marie, With interest rates remaining low and home prices increasing at a healthy pace, homes in Tramonto are in high demand. Your real estate opportunity is here! If you or someone you know is considering buying or selling, call me today at 623.293.0172.

“Lisa was fantastic to work with. She was very knowledgeable about Anthem/North Phoenix. She took the time to explain the process and go through every form and detail. I highly recommend Lisa!” ~5-Star Zillow Review

PRESENTED BY

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 CURRENTLY LISTED IN TRAMONTO Status

Bedrooms

Total Baths

Approximate Square Feet*

List Price

List Date

Active

2.5

1,700

$505,000

01/28/22

Active Active Active

4 4 5

2.0 2.0 4.0

2,100 2,400 3,500

$561,000 $585,000 $658,000

02/01/22 12/19/21 10/22/21

HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO There are 4 homes currently accepting backup offers in Tramonto.

They include 3 to 4 bedrooms with 2.0 to 3.0 bathrooms, range in size from 1,900 to 3,400 approximate square feet*, and are priced from $595,000 to $749,900. For more information on these listings, call me at 623.293.0172.

B E AT T H E S P R I N G R U S H

NOW IS THE TIME TO LIST YOUR HOME! The spring market is just around the corner; however, the current market is anything but normal. With continually rising prices, limited inventory, fast-paced sales, rising interest rates, and even more sellers entering the market, is it wise to list your home for sale now? What can December 2021 tell us about the coming months?

THE WINTER SURGE

Median home list prices rose 25% from 2019.

Homes sold in a median of 54 days in December: 11 days faster than 2020 and 26 days faster than 2019.

177,000 fewer homes were listed for sale, 26.8% less than 2020.

HOMES PENDING IN TRAMONTO

There are 11 homes currently pending in Tramonto. They include 3 to 5 bedrooms with 2.0 to 4.0 bathrooms, range in size from 1,700 to 4,100 approximate square feet*, and are priced from $449,900 to $1,850,000. 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

2534 Old Paint Trail

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

34701 24th Avenue 3035 Perdido Way 35810 33rd Lane 3042 Via De Pedro Miguel 34932 31st Avenue 35817 34th Lane 3208 Caravaggio Lane 3220 Languid Lane 35002 31st Avenue 35213 30th Drive 3034 Donatello Drive 35808 27th Drive

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

Approximate Square Feet*

List Price

List Date

Sold Price

Sold Date

3.0

1,800

$495,000

12/22/21

$500,000

01/27/22

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

4,000 1,500 3,400 2,100 1,700 2,000 2,800 2,900 1,600 3,900 2,400 4,100

$625,000 $425,000 $576,000 $510,000 $444,900 $568,000 $589,000 $675,000 $450,000 $579,000 $550,000 $885,000

08/22/21 08/31/21 09/13/21 10/13/21 08/25/21 11/10/21 10/20/21 09/29/21 09/23/21 10/03/21 11/18/21 09/25/21

$513,500 $453,900 $565,000 $512,400 $440,000 $566,500 $585,000 $658,000 $465,000 $590,000 $562,000 $860,000

01/27/22 01/14/22 01/14/22 01/13/22 01/11/22 01/11/22 01/11/22 01/07/22 01/06/22 01/06/22 01/04/22 01/04/22

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 February 3rd, 2022. 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.

JONATHAN-THOMAS AND ANGELA-MARIE, Don’t wait until the spring market is in full swing to list your home. Take advantage of this market, and let’s develop a strategy that will earn you the most on your investment. Call me today at 623.293.0172.

As workplace flexibility and rising incomes increase purchasing power, many buyers are looking now before interest rates price them out of their next dream home. Additionally, as many homes continue to sell over asking price, more sellers can increase their initial asking price and net a higher return.

Waiting to list your home could impact your selling potential.

Now is the time to list!