Lisa Groth-Tramonto - May 2022

LISA GROTH REALTOR®

1645 N Scottsdale Road #10 Scottsdale, AZ 8524

MAY 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

LEONARDO AND ANGELICA WASHINGTON

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

FIND YOUR NEXT DREAM HOME WITH LISA GROTH!

OFFERED AT $875,000 4 BEDS | 2.5 BATHS | 2,805 SQUARE FEET

Leonardo and Angelica, Whether you’re looking for an investment property, or looking to relocate, upsize or downsize, I can help achieve exceptional results. Let’s create a personalized, effective plan that fits your unique needs.

Call me today at 623.293.0172.

Lisa Groth

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 CURRENTLY LISTED IN TRAMONTO Status

Bedrooms

Total Baths

Approximate Square Feet*

List Price

List Date

Active

5

3.0

3,000

$584,999

03/24/22

Active Active Active Active

5 3 4 5

3.0 2.0 3.5 4.5

2,500 1,900 3,400 4,000

$599,000 $629,900 $680,000 $899,000

03/30/22 03/05/22 03/23/22 03/23/22

2022 1ST QUARTER REVIEW

Tramonto

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

They include 3 to 7 bedrooms with 2.0 to 5.5 bathrooms, range in size from 1,600 to 7,100 approximate square feet*, and are priced from $489,900 to $2,100,000. For more information on these listings, call me at 623.293.0172.

HOMES PENDING IN TRAMONTO

There are 7 homes currently pending in Tramonto.

Avg. Price/Square Foot

$241

Avg. Sold Price

$591,981

Avg. SP/LP Ratio

2021: $190

2021: $467,214

2021: 101.8%

INCREASED $51!

INCREASED $124,767!

Decreased 1.6%

Avg. Days on Market

IT’S A

Available Inventory

100.2%

They include 3 to 4 bedrooms with 2.0 to 3.5 bathrooms, range in size from 1,700 to 4,000 approximate square feet*, and are priced from $495,000 to $999,999. 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

3314 Leisure Lane

3

Sold Sold Sold Sold Sold Sold Sold Sold Sold

2922 Donatello Drive 2602 Cavalry Drive 3106 Leisure Lane 34908 31st Avenue 3003 Perdido Way 3106 Eagle Claw Drive 3042 Via De Pedro Miguel 35434 31st Drive 3406 Donatello Drive

4 5 3 4 3 4 4 4 3

Approximate Square Feet*

List Price

List Date

Sold Price

Sold Date

2.0

2,200

$560,000

03/04/22

$560,000

03/31/22

3.5 2.5 2.0 2.5 2.5 3.0 2.0 2.5 2.0

3,100 3,100 1,800 1,700 2,100 2,500 2,100 2,700 2,100

$689,000 $699,900 $539,000 $473,126 $489,900 $585,000 $561,000 $574,000 $598,000

02/07/22 02/02/22 02/05/22 02/17/22 02/03/22 02/20/22 02/01/22 09/29/21 01/07/22

$680,000 $710,000 $550,000 $469,999 $520,000 $608,000 $565,000 $565,000 $588,000

03/22/22 03/18/22 03/16/22 03/10/22 03/10/22 03/10/22 03/09/22 03/03/22 03/02/22

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 April 1st, 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.

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

44 Days 2021: 18 Days

Sold 26 Days Slower

SELLER’S MARKET!

0.4 Months Homes Listed in 2022: 31

5 ACTIVE HOMES!

Leonardo and Angelica, Your Tramonto community had a fantastic first 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.

Data based on listings from ARMLS from January 1st to March 31st, 2021 and 2022. Does not include homes taken off the market. Information deemed accurate but not guaranteed.