Torrey-Turner-Havasu Foothills Estates-December 2020

TORREY TURNER REALTOR®

1971 McCulloch Blvd. N. #102 Lake Havasu City, AZ 86403

928.846.4629 torreyapturner@gmail.com www.HavasuFoothillsLiving.com

HAVASU FOOTHILLS ESTATES www.HavasuFoothillsLiving.com

• Proud Havasu Foothills Estates Homeowner • Licensed Realtor • Certified Luxury Home Marketing Specialist • Court Appointed Special Advocate

(CASA) Volunteer for Children • Certified Paralegal • Registered Patent Agent

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DECEMBER 2020 REAL ESTATE MARKET REPORT

@TorreyTurnerProperties

Torrey’s Featured listings Listed by Torrey Turner, your Havasu Foothills Estates Real Estate Expert

AVAILABLE!

1021 PLAZA LA CRESTA | $1,375,000 4 Beds | 4 Baths | 3,000 Est. Square Feet Look no further; this stunning home in the Havasu Foothills Estates located on a quiet cul-de-sac has it all! This former model home with soaring ceilings and an open floor plan has four spacious bedrooms, four bathrooms, a gourmet kitchen with formal and informal dining areas, central vacuum, laundry room, owned solar, 0.87 acres, and garages galore! The garages have epoxy floors and built-in cabinets and feature a single car, two car boat deep, and two RV garages. Just bring your toys and let your Lake Havasu adventure begin! The Havasu Foothills Estates HOA is $100 per year. There is a community playground, park, sidewalks, underground utilities, and access to thousands of miles of desert trails.

© Gary Meyers

© Gary Meyers

© Gary Meyers

© Gary Meyers

PENDING!

7091 CIRCULA DE HACIENDA | $975,000 3 Beds | 4 Baths | 3,000 Est. Square Feet

Jonathan and Angela-Marie, Whether you’re looking for an investment property, or looking to relocate, upsize, or downsize, I can help achieve your goals. Call me today at 928.846.4629.

PRESENTED BY TORREY TURNER Your Havasu Foothills Estates Real Estate Specialist & Neighbor

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

HAVASU FOOTHILLS ESTATES

TORREY TURNER REALTOR®

REAL ESTATE MARKET REPORT

928.846.4629

torreyapturner@gmail.com www.HavasuFoothillsLiving.com

HOMES CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES

• Proud Havasu Foothills Estates Homeowner • Licensed Realtor • Certified Luxury Home Marketing Specialist • Court Appointed Special Advocate (CASA) Volunteer for Children • Certified Paralegal • Registered Patent Agent

Follow me on:

ADDRESS

Look Forward to Coming Home

@TorreyTurnerProperties

CASITA

LIST PRICE

DOM

7091 Circula De Hacienda

BEDS

3

BATHS EST. SQ. FT.* POOL RV GARAGE

4

3,000

Yes

Yes

Yes

$975,000

205 Realty One Group Mountain Desert-LH

COURTESY OF

6010 Circula De Hacienda

3

3

2,600

Yes

Yes

No

$1,099,000

12

1001 Corte Cabrillo

3

3

2,600

Yes

Yes

No

$1,250,000

10

Realty Executives Lake Havasu City

1000 Corte Tranquilla

3

4

2,400

Yes

Yes

No

$1,349,000

91

Keller Williams Arizona Living Realty

2061 Circula De Hacienda

6

7

6,400

Yes Yes - Double

Yes

$2,600,000

7

Selman & Associates - Swanson

Selman And Associates

THERE ARE 4 HOMES CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES.

THE MARKET IS ABNORMALLY HOT

For more information on these homes, contact me today at 928.846.4629.

HOMES SOLD IN THE LAST 3 MONTHS IN HAVASU FOOTHILLS ESTATES Typically, the real estate market tends to hit the brakes in the fall and winter, as kids return to school and families juggle work, extracurriculars, and the upcoming holidays. But that’s not what’s happening. Homes are getting snapped up faster as values rise and mortgage rates continue to slide.

WHY IS HOMEBUYING TAKING OFF NOW?

HOW THE PANDEMIC SHAPED THE MARKET

Experts can’t point to just one reason why homebuying has defied expectations as we face a still uncertain economy and elevated levels of unemployment. Why is there such a big appetite now?

Experts agree; the coronavirus has changed what people are looking for in a home—but to what extent is up for debate.

Are people really abandoning major cities to buy houses in the suburbs?

Low mortgage rates? More space to work from home?

Buyers who waited for the pandemic to subside? It’s likely a combination of a few or all of these factors.

Data suggests an interest in more space but not necessarily leaving the city. Many want to trade in their penthouse for a townhouse rather than leave the city.

Buyers who were held back during the spring watched mortgage rates drop. Now that businesses are opening and more people are finding ways to live safely, the homebuying hesitancy has subsided. Low rates are just adding extra impetus to an already motivated buying segment.

“After analyzing a slew of housing market data, we have not seen suburban markets strengthen compared to urban ones, nor an increase in search activity for single-family detached homes,” says Cheryl Young, senior economist at Zillow. Regardless of where you live, extra space is commanding buyer interest.

ADDRESS

BEDS

Jonathan and Angela-Marie, This is the perfect time of year to take advantage of the unique market and historic conditions; don’t miss this opportunity! Call me today at 928.846.4629 to receive a personal market analysis.

by Forbes.com. Published September 11th, 2020 at 12:18pm by Forbes staff.

EST. SQ. FT.*

POOL

RV GARAGE

CASITA

LIST PRICE

SOLD PRICE

DOM

7070 Circula De Hacienda

3

4

2,300

No

No

No

$680,000

$664,500

85

1011 Avienda Del Sol

4

2

2,500

Yes

No

No

$725,000

$700,000

73

1060 Plaza Estrella

3

2

2,000

No

No

No

$749,900

$735,000

3

6000 Circula De Hacienda

3

2

2,000

No

Yes - Double

No

$825,000

$825,000

90

4041 Avienda Del Sol

3

3

2,300

No

Yes - Double

No

$839,900

$810,000

550

6995 Avienda De Los Foothills

3

3

2,400

Yes

Yes - Double

No

$879,000

$860,000

246

7050 Circula De Hacienda

3

4

3,000

Yes

Yes

No

$939,900

$885,000

148

7041 Avienda Tierra Vista

4

5

2,700

Yes

Yes - Double

Yes

$1,299,000

$1,200,000

7

LOTS CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES ACRES

LIST PRICE

DOM

1020 Circula De Hacienda

ADDRESS

0.99

$375,000

96

Keller Williams Arizona Living Realty

5031 Circula De Hacienda

0.43

$250,000

74

Realty One Group Mountain Desert-LH

COURTESY OF

1010 Circula De Hacienda

2.52

$750,000

180

Realty One Group Mountain Desert-LH

7020 Circula De Hacienda

0.50

$269,900

331

Realty One Group Mountain Desert-LH

THERE ARE 2 LOTS CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. Call me about homesites available in Havasu Foothills Estates. Lot prices range from $225,000 to $425,000.

LOTS SOLD IN THE LAST 3 MONTHS IN HAVASU FOOTHILLS ESTATES ADDRESS

“With unusually high buyer interest this late in the homebuying season, buyers are moving much faster than this time last year to beat out competition and lock in low mortgage rates. This means homes are sitting on the market for much less time, despite notably higher price tags.” – Danielle Hale, Realtor.com economist

TOTAL BATHS

ACRES

LIST PRICE

SOLD PRICE

DOM

6703 Calle Del Sol

0.45

$109,900

$92,500

512

991 Avienda Del Sol

0.49

$159,000

$158,000

844

3010 Avienda Del Sol

0.65

$225,000

$205,000

34

2021 Avienda Del Sol

0.52

$217,500

$213,750

35

3041 Avienda Del Sol

0.68

$239,900

$234,900

41

1005 Circula De Hacienda

0.56

$265,000

$265,000

32

1061 Plaza Estrella

0.60

$284,900

$275,000

11

1000 Plaza Estrella

0.59

$309,000

$296,500

419

1010 Corte Paloma

1.00

$369,000

$360,000

32

4080 Avienda Del Sol

1.99

$390,000

$375,000

17

Torrey Turner and Realty ONE Group Mountain Desert are in no way affiliated with Havasu Foothills Estates Owners Association, nor is this in any way an official advertisement or publication of Havasu Foothills Estates. Torrey Turner is not claiming that she sold the properties, or was a party to the transaction. ©2020. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Lake Havasu Association of Realtors (LHAR) for August 17th, 2020 through November 17th, 2020. Listings and sales may not be those of Realty ONE Group Mountain Desert. LHAR 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. *Square feet rounded to the nearest hundred.