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Real Estate in Arizona

San Tan Valley Market Report 2015

by Brandon on January 29, 2015

San Tan Valley Market Report photoIn this San Tan Valley Market Report, we are taking a look back at 2014 to see the local market conditions and trends leading into 2015. If you are thinking of selling your San Tan Valley, AZ home or buying a home in San Tan Valley, these metrics will help in providing clarity on whether now is a good time to buy or sell. Photo by Internet Archive Book Images.

Some notable communities in San Tan Valley, Arizona include: Johnson Ranch, Pecan Creek, Ironwood Crossing, Circle Cross Ranch, Cambria, Castlegate, Copper Basin, Encanterra Country Club, Laredo Ranch, Morning Sun Farms, San Tan Heights, Skyline Ranch, and Wayne Ranch.

San Tan Valley Market Report for 2015:

Number of Homes Sold

Here’s a quick graph that outlines the number of home sales that occurred in each month in San Tan Valley, AZ. Hover over any of the dots on the line graph to get the exact number of sales for the given month.


As you can see from the above graph, sales were very slow in January, started picking up in February, and then shot up in March where it remained steady for a good chunk of the year, even through July (the hottest month of the year!). Another surprise were the number of sales in December, normally a slow month of the year, but as it turned out, more homes sold in December than four of the other months in the year. In 2014, the average number of sales per month was 147.

Average & Median Price / SQFT

The graph below shows you both the average price-per-square-foot and the median trend line for San Tan Valley, Arizona. The blue line is the average price/sqft and the red line is the median price/sqft. The median values are used here to help normalize any spikes (up or down) that sometimes occur averages.


The overall average for the year in San Tan Valley was $83.95/sqft, and as you can see, the values stayed in the $80′s all year except in January where the average dipped down to $79.14/sqft. If you have a home in San Tan Valley that you are considering selling, you can safely multiply the square-footage of your home by $83.95 to get a ballpark estimate of what your San Tan Valley home is worth. Keep in mind, this does not account for upgrades, renovations, pool, etc. that your home might have. To get a precise value on your home, contact us to request a customized home valuation. While the average price-per-square-foot remained steady in the $80′s all year, it is worth noting the highest single value we saw in 2014 was $279.84/sqft, and the lowest single value was $28.88/sqft.

Average & Median Sales Price

Here is how the average sales price looked in San Tan Valley last year, and how it compared with the median sales price (red line).


The overall average sales price in San Tan Valley was $170,597. The average sales price trend is moving up, with a particularly big jump in the last quarter of the year (October, November, December), which is a bit unusual for that time of year. The most expensive home sold in San Tan Valley during 2014 went for $640,000, and the most inexpensive home sold for $37,000.

Average Days on Market

The bar chart below represents the average Days on Market for each month of the year last year. The overall average for the entire year was 75 days on market.


As you can see, for the first 4-months, homes were selling at a slower pace than the rest of the year, with a minimum DOM of 79 days and maxing out at 86 in January. But once May rolled around, the average DOM dropped significantly by 11-days, and stayed below 80 for the remainder of the year. If you are thinking about selling your San Tan Valley home in 2015, it is worth noting that it may take upwards of 2.5 months before your home sells. That’s not to say it cannot sell in 1-day, and the trend is a declining trend (which is a good thing), but the average for the whole year was 75 days, and even during the last quarter of the year, the average was still at 72. A declining DOM and an increasing average sales price are both very good for home sellers heading into 2015, but it is also a good idea to correctly set expectations.

Thinking about buying or selling your San Tan Valley Home?

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Phoenix Listing: 4213 E AVALON Drive

by Brandon on January 26, 2015

Top 4 Features of 4213 E AVALON Drive, Phoenix

  • Remodeled with a touch of modern
  • Fine Dark Carera Granite
  • New Roof, Hot Water Tank, and HVAC
  • Rancho Ventura Subdivision
  • CONTACT THE LISTING AGENT

4213 E Avalon Drive, Phoenix, AZ 85018 (MLS # 5225225)

(all data current as of 1/30/2015)
Price $530,000
Beds 4
Baths 2.50 baths
Home size 2,226 sq ft
Lot Size 9,701 sqft
Days on Market 9
Another Stellar Home located in 85018 Remodeled with a Touch of Modern. This 4 bed/2.5 bath urban home has wood finished tile in the living areas and walkways. Kitchen features white custom staggered cabinets, s/s GE appliances, an abundance of Fine Dark Carera Granite, and a Kitchen Island with an Oversized Farmhouse s/s sink. The Split Master Bedroom Floorplan and open kitchen and living room is perfect for entertaining while keeping privacy in the bedrooms! The master bathroom has everything you could want including a Freestanding bathtub, dual freestanding vanities, and beautifully crafted tile everywhere. All of the vanities are Freestanding for that modern touch. Also note the New Roof, Hot Water Tank, and HVAC.

Property Type(s): Single Family - Detached, Residential

Last Updated 1/27/2015 Tract Rancho Ventura
Year Built 1952 Community n/a
Garage Spaces 2.0 County Maricopa
Total Parking 2 Walk Score ® 64

Schools

School District Scottsdale Unified District (048)
Elementary School Tavan Elementary School
Grade School Scottsdale Unified District (048)
Jr. High School Ingleside Middle School
High School Arcadia High School

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with Show Appeal Realty

(view all details for MLS #5225225)

More Homes Like This One

Want to see other Phoenix, AZ homes for sale around the $530,000 price range with at least 4 bedrooms and 2.5 bathrooms, +/- 5 years, then check out the listings below.

See all SIMILAR results in the 85018 zip code.
(all data current as of 1/30/2015)

  1. 4 beds, 2.50 baths
    Home size: 2,226 sq ft
    Lot size: 9,701 sqft
    Year built: 1952
    Parking spots: 2
    Days on market: 9
    Broker reciprocity icon
  2. 4 beds, 2.50 baths
    Home size: 1,754 sq ft
    Lot size: 6,116 sqft
    Year built: 1953
    Parking spots: 2
    Days on market: 15
    Broker reciprocity icon
  3. 4 beds, 3.00 baths
    Home size: 3,030 sq ft
    Lot size: 9,087 sqft
    Year built: 1956
    Parking spots: 2
    Days on market: 22
    Broker reciprocity icon
  4. 4 beds, 4.00 baths
    Home size: 2,437 sq ft
    Lot size: 8,359 sqft
    Year built: 1950
    Parking spots: 4
    Days on market: 168
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Power Ranch Real Estate Report 2015 (Gilbert, AZ)

by Brandon on January 14, 2015

Power Ranch Real Estate photoThis is the official Power Ranch Real Estate Report for 2015. In this report we look back on the full calendar year of 2014, at all the Power Ranch homes that sold during the year, giving you a breakdown at the subdivision level to help you in purchasing or selling Power Ranch real estate this year, 2015. In this real estate report, we look at the various key metrics for each subdivision in Power Ranch, including days on market, average sales price, average square feet, average price per square foot, and overall home sales. Photo by Show Appeal Realty

Here are some quick stats on Power Ranch:

  • Total number of homes sold in 2014: 328 (21 townhouses and 307 single family detached)
  • Average price-per-square-foot: $116.90/sqft
  • Average home sales price: $249,325
  • Average home size: 2,133 square-feet

Power Ranch Home Sales, by Subdivision


When looking at Power Ranch real estate in 2014, we see that a total of 328 homes sold. From the pie chart above you can see that the subdivision with the most sales at 48 was The Arbors at Power Ranch, a community at the western edge of Power Ranch, adjacent to the neighboring community of Coronado Ranch. The Arbors is followed closely by both The Knolls (44), and The Willows (42), both of which are north of Germann Road. Feel free to hover over and click on any of the slices for more information.

Free Power Ranch Home Valuation

Average $/SQFT, by Subdivision


The Loft’s at Power Ranch leads the pack with the highest per-square-foot average on homes sold in 2014. The Timbers as well as half of the Power Ranch subdivisions all averaged above the $120/sqft mark too. With half of the communities above $120/sqft, and half below it, the average was still very tight across the board, with less than $15/sqft separating The Loft’s from Mountain View.

The Loft’s are the only townhouse subdivision in Power Ranch, all the other subdivisions are single-family-detached houses. Because these two types of real estate are different in number of ways, it is worth looking at how they compare in regards to average price-per-square-foot. For townhouses in Power Ranch, the average is $125.91/sqft, and for single-family, the average is $116.52/sqft.

Comprehensive Power Ranch Home Search

Average, Min & Max Days on Market (DOM), by Subdivision


The chart above shows all the Power Ranch subdivisions and their respective average Days on Market. Sometimes the “average” can be a bit misleading, so we have also added in the minimum and maximum for each subdivision too. These minimums and maximums simply show of all the properties that sold in Power Ranch in that particular subdivision during 2014, which single property sold the quickest (lowest DOM), and which took the longest to sell (highest DOM). Some of the subdivision names can be a bit hard to read, but if you hover over any of the names or the bars in the bar graph, you can see exactly which subdivision is in target, and the specific DOM numbers. The four subdivisions with the best average DOM include Loft’s at Power Ranch, The Orchard, The Grange and The Timbers.

If we compare the townhouses and single-family houses, we again see a sizable difference between the two when it comes to days on market. For townhouses in Power Ranch, the average DOM was 36 days, and the average for single-family-detached homes was 68 days.

Free Power Ranch Real Estate Valuation

All Power Ranch Subdivision Data for 2014

The table below has all the details broken down by each subdivision to give you a broad, bird’s eye perspective. Some of the data points include average home selling price, average sold home size, and more for each subdivision in Power Ranch. Don’t forget, you can click to re-sort any of the columns.

Subdivision
# Sold
Avg. Sold $
Avg. SQFT
Avg. $/SQFT
Avg. DOM
Min. DOM
Max. DOM
Loft’s at Power Ranch21$169,8261,349$125.91361096
Meadow View22$283,2592,502$113.23652173
Mountain View20$286,5402,577$111.20976428
The Arbors48$217,5741,953$111.38902409
The Grange15$254,5602,121$120.03475147
The Groves37$227,5091,897$119.91671267
The Knolls44$227,1992,013$112.86623268
The Oaks20$422,7333,797$111.33651139
The Orchard21$247,4192,003$123.55452140
The Timbers12$255,3212,064$123.704710132
The Vineyards26$252,5922,079$121.47686273
The Willows42$245,0331,988$123.27682156

Power Ranch Real Estate Search

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Grayhawk Real Estate photoThis is the official Grayhawk Real Estate Report for 2015. In this report we look back on the full calendar year of 2014 at all the Grayhawk homes that sold during the year, giving you a breakdown at the subdivision level to help you in purchasing or selling Grayhawk real estate this year, 2015. In this Grayhawk report, we look at the various key metrics for each subdivision in Grayhawk, including days on market, average sales price, average square feet, average price per square foot, and overall home sales. Photo by Show Appeal Realty

Grayhawk Home Sales, by Subdivision


From the pie chart above you can see that the subdivision with the most sales by a healthy margin was Venu at Grayhawk, a condo community at the southern edge of Grayhawk. Venu is followed by both Village, Tesoro, and Encore, three more condo/townhouse subdivisions in Grayhawk. Feel free to hover over and click on any of the slices for more information.

Free Grayhawk Home Valuation

Average $/SQFT, by Subdivision


Serenity leads the pack with the highest per-square-foot average on homes sold in 2014. Avante was a close second, and also above the $300/sqft mark. While Montevina, Edge, and Venu brought up the bottom of the pack under $170/sqft.

Comprehensive Grayhawk Home Search

Condos & Townhouses vs Gated SF vs Non-Gated SF in Grayhawk

Total Sales
Grayhawk real estate can be broken down into condos, townhouses, single family gated homes, and single family non-gated homes. For the year 2014, condos led the way, accounting for over half of all sales.


$/SQFT for Condos & Townhouses
Encore at Grayhawk led the way among the condos & townhouses, almost reaching $240/sqft, followed by Tesoro at Grayhawk and Cachet at Grayhawk.


$/SQFT for GATED Single Family Homes
Serenity, Avante, and Los Vientos are the gated subdivisions in Grayhawk selling for highest $/SQFT.


$/SQFT for NON-Gated Single Family Homes
Leading the pack for the non-gated subdivisions is Coventry at the Park, followed closely by Ridgecrest, and Windsong. Coventry at the Park saw an average of $216.21/sqft for all the homes sold in this subdivision for 2014, which is significantly lower than the gated counterparts where 12 of the 14 subdivisions with sales saw $217/sqft or more.

Free Grayhawk Condo Valuation

Average, Min & Max Days on Market (DOM), by Subdivision


The chart above shows all the Grayhawk subdivisions with an average Days on Market of less than 100 days. Sometimes the “average” can be a bit misleading, so we have also added in the minimum and maximum for each subdivision too. These minimums and maximums simply show of all the properties that sold in Grayhawk in that particular subdivision during 2014, which single property sold the quickest, and which took the longest to sell. Some of the subdivision names can be a bit hard to read, but if you hover over any of the names or the bars in the bar graph, you can see exactly which subdivision is in target, and the specific DOM numbers. The three subdivisions with the best DOM include Monterey Park, Featherwind, and Avante.


This chart shows all the subdivisions in Grayhawk that had an average DOM of more than 100 days. Only one community had an average DOM over 200 days, and that was Serenity, but the bulk of the subdivisions had an average Days on Market between 100 and 125 days. Don’t forget to hover over the names or the bars to get additional details on any of these subdivisions.

Comprehensive Grayhawk Home Search

All Grayhawk Subdivision Data for 2014

The table below has all the details broken down by each subdivision to give you a broad, bird’s eye perspective. Some of the data points include average home selling price, average sold home size, and more for each subdivision in Grayhawk. Don’t forget, you can click to re-sort any of the columns, as well as search within this table.

Subdivision
# Sold
Avg. Sold $
Avg. SQFT
Avg $/SQFT
Avg. DOM
Min. DOM
Max. DOM
Venu25$196,179.201,186$165.3515851567
Village22$300,567.091,712$175.6012412311
Tesoro18$352,833.331,607$219.51988270
Encore17$449,935.291,887$238.4912036262
Coventry16$632,968.753,151$200.851203356
Edge14$165,800.00992$167.10759275
Cachet12$385,966.421,851$208.4912025311
Avian10$406,350.002,164$187.8010816167
Halcon Villas10$638,300.002,709$235.6010012180
Crown Point9$475,805.892,240$212.4310818279
Vintage7$301,785.711,633$184.7610632192
Coventry at the Park6$469,900.002,173$216.216916132
Renaissance6$766,416.672,957$259.1611263235
Ridgecrest6$389,833.331,857$209.968345158
Monterey5$655,000.002,556$256.268639140
Monterey Park5$504,400.002,668$189.06401950
Pinnacle5$760,400.003,492$217.747350109
Talon Fairways5$660,000.002,751$239.958031218
Serenity4$1,856,250.005,507$337.0722160539
Los Vientos3$883,333.333,030$291.56592286
Montevina3$695,966.674,137$168.2316363301
Peregrine Villas3$546,666.672,306$237.06817099
Volare3$790,000.003,164$249.71195117320
Windsong3$520,000.002,507$207.455221111
Avante2$997,000.003,286$303.45453456
Talon Point2$881,500.003,312$266.1910754159
Featherwind1$470,000.002,472$190.13424242
Firenze1$1,000,000.004,600$217.39198198198
Peregrine Vistas1$800,000.003,744$213.68959595

What’s Your Grayhawk Home Worth?

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McDowell Mountain Ranch Subdivisions Sales Volume 2014

December 10, 2014

Here’s a quick pie chart showing you the sales activity for each subdivision in McDowell Mountain Ranch through November 2014. Each slice represents a subdivision and how many homes have sold so far in the given subdivision so far in 2014. The most active subdivisions include Cimarron Hills, Panorama Point, Sienna Canyon, and Cachet. Combined […]

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Homes Sold in Cimarron Hills, McDowell Mountain Ranch 2014

December 9, 2014

So far this year, there have been 15 homes sold in Cimarron Hills, a subdivision within the larger community of McDowell Mountain Ranch, a community located in north Scottsdale, Arizona. With 15 homes sold so far this year, that places Cimarron Hills as the most active subdivision in McDowell Mountain Ranch with an average of […]

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List of Homes Sold in McDowell Mountain Ranch

December 8, 2014

Here is a list of all the homes that have sold so far in McDowell Mountain Ranch this year, 2014. This list is sortable, simply click on any of the column headers to resort the list. Because there have been so many homes sold this year in McDowell Mountain Ranch, we’ve also broken things down […]

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McDowell Mountain Ranch Sales (2014 Month to date)

December 6, 2014

As of November 30, 2014, there have been 208 McDowell Mountain Ranch sales. McDowell Mountain Ranch is a community in North Scottsdale, and comprised of 28 unique subdivisions. The table below not only shows the total number of McDowell Mountain Ranch sales, but also how each individual subdivision compared. This table is interactive, so you […]

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Phoenix Listing: 13801 N CANTERBURY Drive

December 4, 2014

Top 4 Features of 13801 N CANTERBURY Drive, Phoenix Designer Color Palette Private Front Gated Courtyard Vintage Home Moon Valley Subdivision CONTACT THE LISTING AGENT More Homes Like This One Want to see other Phoenix, AZ homes for sale around the $459,000 price range with at least 4 bedrooms and 2.5 bathrooms, +/- 5 years, […]

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Scottsdale Listing: 11756 N 135th WAY (85259)

November 22, 2014

Top 4 Features of 11756 N 135th WAY, Scottsdale Spacious Loft Designer Lighting Mountain Views Summit View Subdivision CONTACT THE LISTING AGENT More Homes Like This One Want to see other Scottsdale, AZ homes for sale around the $329,500 price range with at least 3 bedrooms and 2 bathrooms, +/- 5 years, then check out […]

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