Torrey-Turner-Havasu Foothills Estates-June 2020

TORREY TURNER REALTOR®

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

928.846.4629 torreyapturner@gmail.com www.HavasuFoothillsLiving.com TU

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JUNE 2020 REAL ESTATE MARKET REPORT

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

HAVASU FOOTHILLS ESTATES

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@TorreyTurnerProperties

LUXURY LIVING IN HAVASU FOOTHILLS ESTATES Listed by Torrey Turner – Call 928.846.4629 for more information on this gorgeous home!

AVAILABLE

© Gary Meyers

© Gary Meyers

1081 AVIENDA DEL SOL 5 Beds | 6 Baths | 3,370 Est. Sq. Ft. Offered at $1,800,000 Features a casita, a sanctuary, luxurious swimming pool and jacuzzi, and one of the largest outdoor kitchens in town. Enjoy 18’ beam ceilings, two custom master suites (one with sauna and spa), two-car garage, and a double RV garage.

SUCCESSFUL SALE BY TORREY!

© Gary Meyers

© Gary Meyers

1031 CORTE CABRILLO 3 Beds | 2 Baths | 1,935 Est. Sq. Ft. Sold for $650,000 | Listed by Torrey Turner

Jonathan and Angela-Marie, Homes are still being bought and sold in the midst of this pandemic. If you need to sell your house and would like to know the current status in your local market, contact me today at 928.846.4629 to create a safe and effective plan that works for you and your family.

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®

928.846.4629

REAL ESTATE MARKET REPORT

torreyapturner@gmail.com www.HavasuFoothillsLiving.com T E F O R LU

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HOMES CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES TI

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

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Look Forward to Coming Home

@TorreyTurnerProperties

THE SELLING FRENZY IS COMING NOW IS THE TIME TO GET YOUR HOME READY TO SELL!

BEDS

8030 Circula De Hacienda 6000 Circula De Hacienda 4041 Avienda Del Sol 6995 Avienda De Los Foothills 7050 Circula De Hacienda 7091 Circula De Hacienda 4051 Avienda Del Sol 2061 Circula De Hacienda 1081 Avienda Del Sol

3 3 3 3 3 3 3 5 5

BATHS EST. SQ. FT.* POOL RV GARAGE

4 2 3 3 4 4 4 6 6

2,600 2,000 2,300 2,400 3,000 3,000 2,000 6,400 3,400

No No No Yes Yes Yes Yes No Yes

No Yes Yes Yes No No No Yes Yes-Double

CASITA

LIST PRICE

DOM

No No No No No Yes No Yes Yes

$699,000 $825,000 $849,900 $879,000 $939,900 $975,000 $1,050,000 $1,270,000 $1,800,000

351 22 488 137 83 29 183 519 14

COURTESY OF

Coldwell Banker Realty - McCulloch Blvd.

Re/Max By The Lake Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Keller Williams Arizona Living Realty Realty One Group Mountain Desert-Lh Keller Williams Arizona Living Realty Selman And Associates Realty One Group Mountain Desert

THERE ARE NO HOMES CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. For more information on these homes, contact me today at 928.846.4629.

HOMES SOLD IN THE LAST 6 MONTHS IN HAVASU FOOTHILLS ESTATES ADDRESS

6030 Circula De Hacienda 1020 Corte Piedra 1031 Corte Cabrillo 8011 Circula De Hacienda 7021 Circula De Hacienda 4050 Avienda Del Sol 7080 Avienda Tierra Vista 1051 Avienda Del Sol 7071 Avienda Tierra Vista 3021 Circula De Hacienda 1030 Circula De Hacienda 1011 Corte Cabrillo 3090 Avienda Del Sol 1030 Avienda Del Sol

BEDS

TOTAL BATHS

EST. SQ. FT.*

POOL

RV GARAGE

CASITA

LIST PRICE

SOLD PRICE

DOM

3 3 3 3 3 3 3 4 5 4 4 4 4 3

2 3 2 3 3 4 4 5 4 5 6 4 7 5

1,700 2,300 1,900 2,100 2,200 2,500 2,600 3,000 3,600 3,600 4,900 3,200 3,200 3,400

No Yes No No No No No Yes Yes No No Yes Yes Yes

Yes Yes No Yes Yes-Double Yes-Double Yes No Yes Yes Yes-Double Yes-Double Yes Yes

No No No No No No No Yes Yes Yes No Yes No Yes-Double

$559,900 $671,528 $675,000 $725,000 $799,900 $860,000 $899,000 $999,900 $1,100,000 $1,149,900 $1,311,891 $1,399,999 $1,427,260 $1,649,500

$545,000 $671,528 $650,000 $700,000 $805,000 $830,000 $850,000 $895,000 $941,113 $1,000,000 $1,311,891 $1,312,500 $1,427,260 $1,420,000

385 0 94 40 1 198 390 8 215 259 0 156 NA 0

LOTS CURRENTLY LISTED IN HAVASU FOOTHILLS ESTATES ADDRESS

MARKET FACTORS Prior to COVID-19, the housing market showed signs of a hot spring season.

The pre-pandemic market strength gives many experts hope that losses are temporary.

The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.

RESILIENCE During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself.

While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980. Traditionally, the housing market actually aids the economy in recovering from recessions.

1010 Circula De Hacienda 2050 Circula De Hacienda 2030 Circula De Hacienda 1011 Circula De Hacienda 7020 Circula De Hacienda 1000 Plaza Estrella 6703 Calle Del Sol 6893 Avienda De Los Foothills 991 Avienda Del Sol 3041 Avienda Del Sol

ALWAYS ESSENTIAL What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live.

After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.

Jonathan and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late – it’s important to stand out. Call me to help get your home ready; it’s what I do best! 928.846.4629.

ACRES

LIST PRICE

DOM

2.52 1.82 1.87 0.99 0.50 0.59 0.45 0.35 0.49 0.68

$750,000 $254,900 $139,000 $299,000 $279,900 $299,000 $109,900 $129,990 $159,000 $239,900

1 8 569 101 149 325 491 461 752 1031

COURTESY OF

Realty One Group Mountain Desert-Lh Keller Williams Arizona Living Realty Keller Williams Arizona Living Realty Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh Realty One Group Mountain Desert-Lh

THERE ARE 5 LOTS CURRENTLY PENDING IN HAVASU FOOTHILLS ESTATES. Call me about homesites available in The Arroyos at Havasu Foothills Estates. Lot prices range from $109,900 to $429,900.

LOTS SOLD IN THE LAST 6 MONTHS IN HAVASU FOOTHILLS ESTATES ADDRESS

6612 Avienda Desierto Verde 6638 Avienda Desierto Verde 6756 Avienda De Los Foothills 1020 Corte Sur 1010 Corte Sur 2060 Circula De Hacienda 6877 Avienda De Los Foothills 6881 ` Avienda De Los Foothills 6885 Avienda De Los Foothills 5041 Circula De Hacienda 3080 Avienda Del Sol

ACRES

LIST PRICE

SOLD PRICE

DOM

0.26 0.43 0.34 1.46 1.49 1.25 0.30 0.30 0.30 0.48 0.76

$199,999 $169,000 $169,900 $189,000 $225,000 $379,900 $109,900 $109,900 $109,900 $199,000 $174,900

$192,000 $163,500 $165,000 $80,000 $80,000 $355,000 $106,603 $109,900 $107,500 $185,000 $174,900

37 60 127 150 150 191 304 317 399 578 801

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 November 18th, 2019 through May 19th, 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.