Lisa Groth - Desert Ridge - July 2019

LISA GROTH REALTOR®

21803 N Scottsdale Ridge, Suite 100 Scottsdale, AZ 85255

MARKET REPORT

J U LY

2019

Each office independently owned and operated.

623.293.0172 LGroth@remax.net www.DiscoverDesertRidge.com

Prepared Especially for

JONATHAN AND ANGELA-MARIE WILLIAMS

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

www.DiscoverDesertRidge.com MARKET. COMMUNICATE. NEGOTIATE. SOLD.

J O N AT H A N A N D A N G E L A - M A R I E , Thinking to sell your home? Desert Ridge’s exquisite homes deserve exceptional listing service, marketing savvy, and expert negotiation that results in a successful sale. Get started today, call me at 623.293.0172 for a confidential discussion.

PENDING IN LESS THAN A WEEK!

w w w. D i s c o v e r D e s e r t R i d g e . c o m

4 Beds | 2 Baths | 2,350 Sq. Ft. W H AT M Y C L I E N T S A R E S AY I N G “Lisa Groth is the most professional, knowledgeable, smart Realtor I have had the privilege to work with. Lisa’s negotiation skills and complete understanding of the market are unmatched and was able to get my kids and I exactly what we needed. Lisa exceeded every one of my expectations. If Lisa is willing to work with me again, I will not buy or sell property without her.” — Mike N.

Presented by

LISA GROTH

YOUR REAL ESTATE SPECIALIST IN DESERT RIDGE

DESERT RIDGE

LISA GROTH REALTOR | RE/MAX Excalibur ®

REAL ESTATE MARKET REPORT

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

JONATHAN AND ANGELA-MARIE, This market report was created especially for you. If you are thinking of making a move to your next dream home, contact me today at 623.293.0172 for a free market analysis of your home.

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

www.DiscoverDesertRidge.com

HOMES RECENTLY LISTED IN DESERT RIDGE (53 Total Available)

LOOKING FOR YOUR DREAM HOME? NOW IS THE TIME TO SELL AND BUY! Interest rates for a 30-year fixed rate mortgage have been on the decline since November.

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2019 INTEREST RATES HAVE DROPPED.

Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates, combined with a strong labor market, should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.

– Freddie Mac

Freddie Mac

Status

Bedrooms

Total Baths

Approximate Square Feet*

List Price

Active Active Active Active Active Active Active Active Active Active Active

3 3 4 4 4 4 4 4 4 6 4

2.5 2.0 2.5 2.5 2.0 3.0 4.0 3.0 3.5 4.5 3.5

1,400 1,400 2,200 3,200 2,500 2,400 3,200 3,300 3,800 4,200 4,000

$347,500 $359,000 $405,000 $565,000 $575,000 $589,900 $625,000 $719,000 $749,900 $800,000 $995,000

HOMES ACCEPTING BACKUP OFFERS IN DESERT RIDGE There are 14 homes currently accepting backup offers in Desert Ridge.

They include 3 to 5 bedrooms with 2.0 to 4.5 bathrooms, range in size from 1,400 to 3,800 approximate square feet*, and are priced from $299,900 to $855,000. For more information on these listings, call me at 623.293.0172.

HOMES PENDING IN DESERT RIDGE

30-Year Fixed Rate

4.5%

4.6% 4.6% 2019 Q3

2019 Q2

January 2018 – Today Actual Interest Rates

Jonathan and Angela-Marie, Call me today at 623.293.0172 to find out how the changing interest rates can benefit you as a buyer or seller in 2019.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019

HOMES RECENTLY SOLD IN DESERT RIDGE

2019 Q4

Where Are They Going in 2019?

Source: Keeping Current Matters, Freddie Mac

There are 19 homes currently pending in Desert Ridge.

They include 3 to 5 bedrooms with 2.0 to 5.0 bathrooms, range in size from 1,900 to 4,000 approximate square feet*, and are priced from $389,000 to $929,000. For more information on these listings, call me at 623.293.0172.

Status

Address

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

4624 E Vista Bonita Drive 3730 E Ember Glow Way 21644 N 48th Street 4210 E Kirkland Road 3935 E Cat Balue Drive 22021 N 51st Street 4506 E Jaeger Road 3657 E Zachary Drive 4037 E Melinda Lane 4826 E Kirkland Road 22204 N 54th Way 4355 E Sands Drive 3714 E Huett Lane

Total Bedrooms Baths 3 6 3 3 3 4 3 3 3 3 3 4 5

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

Approximate Square Feet*

List Price

Sold Price

Sold Date

2,700 4,300 1,700 1,800 1,400 2,800 1,800 1,700 1,400 1,700 2,700 2,100 3,400

$624,900 $885,000 $389,000 $449,900 $350,000 $600,000 $469,000 $349,000 $295,000 $449,000 $600,000 $422,000 $647,500

$615,000 $890,000 $380,000 $445,000 $335,000 $590,000 $465,000 $340,000 $288,000 $430,000 $590,000 $422,000 $649,000

06/03/19 06/03/19 05/30/19 05/29/19 05/24/19 05/23/19 05/22/19 05/20/19 05/17/19 05/17/19 05/17/19 05/15/19 05/15/19

Lisa Groth and RE/MAX Excalibur are not in any way affiliated with Desert Ridge Home Owners Association, nor is this in any way an official advertisement or publication of Desert Ridge. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of June 4th, 2019. Listings and sales may not be those of RE/MAX Excalibur. 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.