Torrey-Turner-Havasu Foothills Estates-February 2021

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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FEBRUARY 2021 REAL ESTATE MARKET REPORT

@TorreyTurnerProperties

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

CALL FOR A PRIVATE TOUR

1021 PLAZA ROCA | $925,000 3 Beds | 2 Baths | 2,015 Est. Square Feet Exquisite single-story Oxley built home located on three quarters of an acre in the Havasu Foothills Estates.

Private location at the end of a cul-de-sac, backing to a wash with plenty of room to add a pool and casitas.

This newer customized home features an open floor plan, soaring vaulted ceilings, arched doorways, alder cabinetry, granite counters, upgraded tile flooring and carpeted bedrooms, three spacious bedrooms, two bathrooms, dining room, living room, kitchen with an island and pantry, laundry room, central vacuum, and a huge 60’ deep double RV garage with a 23’ wide garage door, as well as a 27’ deep two-car garage. The garages are insulated and air-conditioned with two minisplits. The location offers even more delights; there’s a community playground, park, sidewalks, underground utilities, and neighborhood access to thousands of miles of desert trails. The Havasu Foothills Estates HOA is $100 per year, and real estate taxes in 2020 were $3,448. Just bring your toys and let your Lake Havasu adventure begin!

© Gary Meyers

© Gary Meyers

PENDING!

© Gary Meyers

© Gary Meyers

PENDING!

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

1010 CIRCULA DE HACIENDA

5031 CIRCULA DE HACIENDA

Panoramic Views | 2.52 Acres | $695,000

Mountain Views | 0.43 Acres | $245,000

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

TORREY TURNER

HAVASU FOOTHILLS ESTATES

REALTOR®

928.846.4629

torreyapturner@gmail.com 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

Follow me on:

REAL ESTATE MARKET REPORT

Look Forward to Coming Home

@TorreyTurnerProperties

2021 Housing Forecast

HOMES CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES CASITA

LIST PRICE

DOM

8006 Corte Del Desierto

ADDRESS

BEDS

3

BATHS EST. SQ. FT.* POOL RV GARAGE

2

1,600

Yes

No

No

$614,900

40

Keller Williams Arizona Living Realty

COURTESY OF

1021 Plaza Roca

3

2

2,000

No

Yes - Double

No

$925,000

6

Realty One Group Mountain Desert-LH

6010 Circula De Hacienda

3

3

2,600

Yes

No

No

$949,900

12

Keller Williams Arizona Living Realty

1001 Corte Cabrillo

3

3

2,600

Yes

No

No

$1,250,000

72

Realty Executives Lake Havasu City

1000 Corte Tranquilla

3

4

2,400

Yes

No

No

$1,349,900

4

Keller Williams Arizona Living Realty

1021 Plaza La Cresta

4

4

3,000

Yes Yes - Double

No

$1,375,000

60

Realty One Group Mountain Desert-LH

2061 Circula De Hacienda

6

7

6,400

Yes Yes - Double

Yes

$2,600,000

69

Selman & Assoc. - Swanson

THERE ARE 4 HOMES CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. For more information on these homes, contact me today at 928.846.4629.

+7.0% Home sales are going up

Strong demand and more homes hitting the market equal a healthy rate of growth.

MORTGAGE RATES ON THE MOVE

3.4% by end of 2021

THE RISE OF THE MILLENNIALS No longer just dominating the entry-level market, millennials are now taking over as “move up” buyers as they have children and need more space.

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

1011 Avienda Del Sol

BEDS

TOTAL BATHS

EST. SQ. FT.*

POOL

RV GARAGE

CASITA

LIST PRICE

SOLD PRICE

DOM

4

2

2,500

Yes

No

No

$725,000

$700,000

73

7091 Circula De Hacienda

3

4

3,000

Yes

No

Yes

$975,000

$950,000

206

1011 Corte Piedra

4

5

3,100

Yes

Yes

Yes

$1,249,500

$1,225,000

111

5090 Circula De Hacienda

3

4

3,100

Yes

Yes - Double

Yes

$1,475,000

$1,430,000

14

KEY HOUSING TRENDS IN 2021

+5.7% Home prices will hit new heights

65.9%

MILLENNIALS AND GEN-Z A recent survey said that lower mortgage rates enabled these buyers to change their home search toward a larger home.

LOTS CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES

REMOTE WORK

THERE ARE NO LOTS CURRENTLY AVAILABLE IN HAVASU FOOTHILLS ESTATES.

Despite high expectations of returning to the office, remote workers are choosing properties with dedicated office space.

SUBURBAN MIGRATION

THERE ARE 4 LOTS CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES.

Home shoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.

Call me about homesites available in Havasu Foothills Estates. Lot prices range from $245,000 to $695,000.

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

Jonathan and Angela-Marie, Homes in Havasu Foothills Estates are in high demand! If you are considering a move, call us today at 928.846.4629 to take advantage of these new trends.

Published by Danielle Hale, Realtor.com on December 2nd, 2020

ACRES

LIST PRICE

SOLD PRICE

DOM

3010 Avienda Del Sol

0.65

$225,000

$205,000

34

1020 Circula De Hacienda

0.99

$375,000

$375,000

118

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. ©2021. 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 October 20th, 2020 through January 18th, 2021. 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.