LISA GROTH REALTOR®
18281 N Pima Road C100 Scottsdale, AZ 85255
MARKET REPORT
OCTOBER
2020
Each office independently owned and operated.
623.293.0172
Prepared Especially for
Lgrmxprofessionals@gmail.com www.DiscoverDesertRidge.com
JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON
For current market activity, community information, and more, visit:
www.DiscoverDesertRidge.com MARKET. COMMUNICATE. NEGOTIATE. SOLD.
STUNNING MODERN HOME JUST LISTED IN DESERT RIDGE!
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
Presented by 4320 E VISTA BONITA DRIVE | 3 BEDROOMS | 2.0 BATHROOMS | 1,849 SQUARE FEET | $575,000 Stunning, furnished modern home! Enormous backyard, gorgeous extended travertine patio, sparkling blue Pebble Tec pool with new pool cleaner, hot tub, rattan couches, wooden table and chair set, outdoor heater, and plenty of space to entertain your friends and family. Spacious interior layout with open kitchen, granite island, stainless steel appliances, gas stove, and espresso cabinets.
Contemporary couch and cozy side chairs adorn the front living area. New hardwood flooring in all bedrooms. Extended laundry room with cabinets, Nest thermostat, Ring doorbell, rear flood light with motion sensor, sun shades, MyQ wifi garage door opener, Obri Netgear router, and furnace with water sensor. Meticulously maintained and well loved home. Original owners.
JONATHAN-THOMAS AND ANGELA-MARIE, If you would like your home professionally marketed and featured in my publications, call me at 623.293.0172.
LISA GROTH
YOUR REAL ESTATE SPECIALIST IN DESERT RIDGE
LISA GROTH
Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Lisa Groth, your Desert Ridge real estate specialist. You will not be contacted with any other solicitation.
REALTOR® | Platinum Living Realty
623.293.0172 Lgrmxprofessionals@gmail.com www.DiscoverDesertRidge.com
For current market activity, community information, and more, visit:
Connect with me on:
Visit: www.DiscoverDesertRidge.com
www.DiscoverDesertRidge.com
HOMES RECENTLY LISTED IN DESERT RIDGE (18 Total Available) Status
Bedrooms
Total Baths
Approximate Square Feet*
List Price
Active Active Active Active Active Active Active Active
3 3 3 3 3 3 4 5
2.5 2.5 2.0 2.5 2.0 2.5 3.5 4.0
1,900 1,900 1,700 2,200 2,100 2,800 3,500 4,800
$405,000 $410,000 $419,900 $549,900 $605,000 $614,900 $750,000 $1,200,000
REAL ESTATE RECORDS SHATTERED NOW IS THE TIME TO SELL!
HOMES ACCEPTING BACKUP OFFERS IN DESERT RIDGE There 14 homes currently accepting backup offers in Desert Ridge. They include 2 to 6 bedrooms with 2.0 to 4.5 bathrooms, range in size from 1,500 to 4,300 approximate square feet*, and are priced from $399,999 to $900,000. For more information on these listings, call me at 623.293.0172.
NEW RECORD!
HOMES PENDING IN DESERT RIDGE There are 14 homes currently pending in Desert Ridge. They include 3 to 6 bedrooms with 2.0 to 5.5 bathrooms, range in size from 1,400 to 4,300 approximate square feet*, and are priced from $350,000 to $998,000. For more information on these listings, call me at 623.293.0172.
HOMES RECENTLY SOLD IN DESERT RIDGE Total Bedrooms Baths
Status
Address
Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
3976 E Cat Balue Drive 4728 E Adobe Drive 3932 E Cat Balue Drive 4630 E Weaver Road 4343 E Gatewood Road 4815 E Patrick Lane 4623 E Melinda Lane 4317 E Williams Drive 4038 E Weaver Road 4026 E Expedition Way 23335 N 44th Place 4636 E Vista Bonita Drive 5059 E Via Montoya Drive
4 3 3 3 4 4 4 4 5 3 5 4 4
2.5 2.0 2.5 2.0 2.0 2.5 2.0 2.0 2.5 2.0 4.5 3.0 3.0
The U.S. Median Home Price Jumped 8.5%, Breaking $300,000 for the First Time
Approximate Square Feet*
List Price
Sold Price
Sold Date
1,800 1,600 1,900 1,700 2,000 2,800 1,500 2,000 3,000 2,200 3,800 3,700 2,800
$389,000 $395,000 $405,000 $399,900 $499,000 $720,000 $373,319 $524,900 $569,000 $599,999 $979,000 $699,900 $650,000
$387,000 $395,000 $405,000 $415,000 $495,000 $693,500 $373,319 $525,000 $581,920 $607,000 $955,000 $675,000 $650,000
09/01/20 08/31/20 08/31/20 08/31/20 08/31/20 08/31/20 08/27/20 08/27/20 08/27/20 08/27/20 08/27/20 08/24/20 08/21/20
Lisa Groth and Platinum Living Realty 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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of September 2nd, 2020. Listings and sales may not be those of Platinum Living Realty. 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 (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020
8.5%
Median Price Increase
$304,100, the first time breaking the $300,000 threshold.
NEW RECORD!
NEW RECORD!
NEW RECORD!
NEW RECORD!
Rate
Months of Inventory
Days on Market
First-Time Buyers
The eighth drop in 2020 and the lowest in 5 decades.
Unsold inventory was 4.2 months in July 2019.
29 days in July 2019. 68% were sold in less than 30 days.
First-Time home buyers made up 32% a year ago.
2.88% Interest
3.1
22
34%
“The housing market is well past the recovery phase and is now booming with higher home sales compared to the pre-pandemic days. With the sizable shift in remote work, current homeowners are looking for larger homes, and this will lead to a secondary level of demand even into 2021.” —Lawrence Yun, Chief Economist, NAR
Jonathan-Thomas and Angela-Marie, This is the perfect time to take advantage of improved market conditions and upgrade to your next dream home. Call me today to discuss the value of your home and your options at 623.293.0172. www.housingwire.com | www.vecteezy.com