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The Boulders Scottsdale and Carefree, AZ – 2012 Home Sales Data

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The Boulders Resort Scottsdale Carefree AZHere are the 2012 home sales results for the luxury golf resort community of The Boulders  located in Carefree and Scottsdale, Arizona. The Boulders is known to many as the high-end golf and spa resort tucked into the amazing rock formations. However, The Boulders also offers a large variety of residential options ranging from “lock and leave” casitas all the way up to multi-million dollar homes.

There are three sections to the home sales data. The first is an overview of the current inventory for sale in The Boulders. The second section is pending home sales as of May 18th. The final section is 2012 home sales. It looks at sales for Q1 2012 as well as sales year-to-date.

There is a very wide range in regard to asking prices for Boulders homes. It goes from $419,000 for an updated townhome up to $2,495,000 for a larger estate home with a separate large villa. The average list price comes in at just under $1 million.

There are currently four homes pending sale at The Boulders, ranging from $650,000 for a 3,061 square foot home to $1,190,000 for a 3,684 square foot home.

The Boulders Scottsdale Carefree Homes for Sale May 2012

Here are the home sales for The Boulders in 2012. As you can see, sales activity has been accelerating as we move into Q2 20211.  Average sales price is up as well as average price per square foot. We  saw an increase in average days on market, but I would attribute that to the fact that higher-priced homes take longer to sell and therefore have a longer tenure on the market.

Boulders Golf Home Sales 2012 Scottsdale Carefree

 

About The Boulders Golf Community in Carefree and Scottsdale
The Boulders lifestyle is truly resort living whether you are a seasonal homeowner or full-time resident. The iconic boulder formations all over the property paired with the beautiful Sonoran desert result in an incomparable landscape.

Homeowners at The Boulders share the property with the luxury resort, The Boulders Resort and Spa. The resort is home to The Golden Door Spa which offers a top-of-the-line spa experience paired with many special southwestern and Native American-influenced treatments.  The Boulders also is home to two golf courses, a tennis complex, a fitness center at The Golden Door, many miles of trails and so much more. There are a large variety of memberships available to homeowners who would like to experience all of the amenities and join the club.

Search The Boulders Homes for Sale

Disclaimer: Information herein deemed reliable but not guaranteed. Data pulled from the Arizona Regional MLS (ARMLS) as of 5/18/2012 and can change at any time. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Scottsdale Zip Code 85266 Home Sales By Type Q1 2012 – Includes Foreclosures & Short Sales

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Home Sales in 85266 Scottsdale AZHere are the results for the first quarter of 2012 for Scottsdale’s zip code 85266.

85266 is found on the northwest portion of Scottsdale, just to the east of North Phoenix and just south of Carefree and Cave Creek. Just like the other North Scottsdale zip codes, 85266 is home some of the top Scottsdale golf communities including Whisper Rock, The Boulders and Terravita. The elevation of 85266 is higher than many parts of the Valley, so a number of homes and lots in the area have wonderful city light views.

Here are the Q1 2012 home sale results for zip code 85266.  The sales data has been split into three different sales types which are described below:
– Non-Distressed Sales – These are what you think of when you think of a “normal” sale. It follows the traditional model where the home seller and home buyer agree to price and terms and at the end of the transaction, ownership is transferred to the buyer.
– Short Sales – A short sale occurs when an owner would like to sell the home, but needs to sell it for less than what is owed on it. In this case, third party approval has to be secured from the lender or lenders. Short sales fall under the “distressed sale” umbrella.
– Foreclosures – These properties have been foreclosed on and ownership has reverted to the lender. These are also considered “distressed sales.”

Overall Findings for the Scottsdale Zip Code 85266 Home Sales Market for Q1 2012 – Data as of March 31, 2012

  • Active Scottsdale 85266 Homes For Sale: 92% of homes on the market at the end of Q1 were “regular” sales. The very small remainder was split between the two distressed sale categories.
  • 85266 Pending Homes for Sale: Regular sales did not lose much ground when you look at the pending activity and the end of the quarter. Typically, you see a larger percentage of short sales and foreclosures in the pending mix.
  • Q1 2012 Scottsdale 85266 Home Sales: Actual Q1 sales resulted in 72% of sales falling into the non-distressed category. Short sales and foreclosures were more heavily represented, highlighting the popularity of distressed sales with homebuyers.
  • 85266 Home Prices: Pricing for the various types came out as would be expected. Average sales prices on regular sales were the highest, followed by short sales and foreclosures.
  • Cumulative Days on Market: As we would anticipate, short sales had the longest days on market because of the longer sales process. Sometimes we do see foreclosures with shorter days on market in comparison to regular sales, but for Q1, regular sales had the shortest time on market.
  • Discounts Off of List Price: Buyers of non-distressed homes saw an average discount of 5% off of asking. This is the same as it was at the end of the year. Buyers of distressed homes saw a larger discount than they did in Q4 2011, with an average of 5% off on short sales and an average of 2% off of foreclosures.

85266 Zip Scottdale Home Sales by Type Short Sales Foreclosures

 

SUMMARY – 2011 Scottsdale Home Sales in Zip Code 85266
Below is a summary of 2011 home sales in 85266. The quarterly sales data has been broken down by home sale type.

Scottsdale AZ Zip 85266 Home Sales by Type Short Sales Foreclosures

 

If you would like to see this information for the City of Scottsdale AZ, please see these previous reports:

View Scottsdale Home Sales by Type for 2011
View Scottsdale Home Sales by Type for 2010
View Scottsdale Home Sales by Type for 2009


Search Homes for Sale in 85266

 

Disclaimer: Due to rounding issues, not all columns will add up to 100%. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 3/31/2012 and can change at any time. The analysis looks at single-family resale homes for sale and sales in Scottsdale AZ zip code 85266 for Q1 2012. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Information deemed reliable but not guaranteed.
Copyright © 2012 Heather Tawes Nelson

Scottsdale Zip Code 85255 Home Sales By Type Q1 2012 – Includes Foreclosures & Short Sales

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85255 Luxury Home Sales Scottsdale Here are the home sales figures the first quarter of 2012 for the Scottsdale Arizona zip code of 85255.

85255 is one of the premier zip codes of Scottsdale and is located in North Scottsdale. It covers a large area from Scottsdale Road north of the 101 all the way east to McDowell Mountain Ranch. Many of the top Scottsdale luxury golf communities can be found in 85255 and they include Troon Country Club, Desert Highlands, Grayhawk, DC Ranch and Silverleaf.  Home options vary greatly. You can find anything from smaller condos and townhomes all the way up to large estates on multi-acre lots. Another plus to living in 85255 is Pinnacle Peak, which is visible to many homes in the area and fun to hike.

Below are the results for Q1 2012 homes sales in 85255. I have broken the information into three sales types and they are defined as follows:
– Non-Distressed Sales – Non-distressed sales are what you think of as “regular” or “traditional” home sales. In this common scenario, the home seller and home buyer work together to transfer the home from the seller to the buyer. No third-party approvals are necessary.
– Short Sales –  A short sale occurs when a seller is looking to sell the home for less than what is owed on it. In this case, third party approval of the contract from the lender(s) is needed for the sale to go through.
– Foreclosures – Foreclosures, also called “Lender-Owned” homes, “REO'” homes or “Bank-Owned” homes are homes that have been foreclosed on and are now back in the possession of the lender.


Overall Findings for the Scottsdale Zip Code 85255 Home Sales Market for Q1 2012 – Data as of March 31, 2012

  • Active Scottsdale 85255 Homes For Sale: The vast majority of homes for sale at the end of Q1 were regular sales at 93%. The small percentage left was split almost evenly between short sales and foreclosures.
  • 85255 Pending Homes for Sale: Short sales and foreclosures saw a larger share when you look at pending sales at the end of the quarter. For instance, short sales were only 4% of the active inventory, but were almost 20% of pending sales.
  • Q1 2012 Scottsdale 85255 Home Sales: Two-thirds of sales in Q1 were regular sales.  The remaining third was comprised of distressed homes, even though homes like these were only 7% of the market for active homes for sale.
  • 85255 Home Prices: As we saw at the end of last year, the average price of lender owned homes exceeded that of short sales. This is pretty unusual as foreclosures usually have the steepest discount. As would be expected, regular home sales had the highest average sales price and cost per square foot.
  • Cumulative Days on Market: The figures here are pretty typical. The quickest closes were on lender-owned homes followed closely by regular sales. Short sales had the longest average cumulative days on market.
  • Discounts Off of List Price:  Distressed homes saw little to no discount off of asking prices on average. This was in the 5% discount range a while back and we have seen discounts steadily disappearing. Regular sales sold at an average of 7% off of list price.

Q1 2012 Scottsdale AZ Home Sales Zip Short Sales Foreclosures

 

Scottsdale Zip Code 85255 – Sales Data By Quarter for 2011
Below is a quarter-by-quarter snapshot of home sales in 2011 for 85255.

2011 Home Sales Scottsdale Zip Code 85255 short sale foreclosure

 

If you would like to review this data for the City of Scottsdale AZ versus a single zip code, please visit these previous reports:

View Scottsdale Home Sales by Type for 2011
View Scottsdale Home Sales by Type for 2010
View Scottsdale Home Sales by Type for 2009

Search 85255 Scottsdale Homes for Sale

Disclaimer: Due to rounding issues, not all columns will add up to 100%. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 3/31/2012 and can change at any time. The analysis looks at single-family resale homes for sale and sales in Scottsdale AZ zip code 85255 for Q1 2012 and for the year of 2012. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Information deemed reliable but not guaranteed.
Copyright © 2012 Heather Tawes Nelson

Scottsdale Zip Code 85262 Home Sales By Type Q1 2012 – Includes Foreclosures & Short Sales

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85262 Luxury Homes for SaleBelow are the home sales results for Scottsdale’s 85262 zip code for the first quarter of 2012.

The 85262 zip code occupies a large portion of  North Scottsdale. This premier location makes it a perfect fit for some of the top, luxury golf communities, including Desert Mountain, Mirabel, Troon North, Legend Trail and Estancia.

The northern position and hillier terrain of 85262 means it can actually be a few degrees cooler in the warm summer months, which is a nice bonus. In addition, many homes and homesites in are privy to excellent city light and mountain views.

This report covers first quarter 2012 activity for home sales in 85262. I have split the information into three categories and have defined them below.

– Non-Distressed Sales – These are the “regular” sales of homes. In this traditional sales model,  the buyer and seller agree to the terms of the sale.
– Short Sales – In a short sale, the homeowner is looking to sell the home for less than what is owed on the home. Here, third party approval is required in order for the sale is to take place.
– Foreclosures – Foreclosures are just what they sound like, homes that have been through the foreclosure process and now are back with the lender. These homes are also called “Lender-Owned” homes, “REO'” homes or “Bank-Owned” homes.

Overall Findings for the Scottsdale Zip Code 85262 Home Sales Market for Q1 2012 – Data as of  January 1, 2012

  • Active Scottsdale 85262 Homes For Sale: Almost all of the homes for sale in 85262 (94%) were regular sales. The small remainder was almost evenly split by short sales and foreclosures.
  • 85262 Pending Homes for Sale: The ratios shift dramatically however, when you look at pending sales. Now, regular sales drop to 69% and you see the large jump in representation for short sales, in particular.
  • Q1 2012 Scottsdale 85262 Home Sales: Regular sales gained some traction back, at 75% of sales in Q1, but you can still see the effect the popularity of distressed sales has.
  • 85262 Home Prices: Prices are aligned as we would expect them to see. Average sales price and average price per square foot were highest with regular sales, second highest with short sales and foreclosures came in with the lowest figures.
  • Days on Market: This is also what we would expect to see. Foreclosures, due to high demand, are only on the market for about 3 months. Whereas short sales, with the longer sales process, had an average days on market of 334.
  • Discounts Off of List Price: These figures, while tightening up in other areas, remained more or less where we saw them throughout 2011. Regular home sales going for about 10% off of asking price and distressed sales going at about a 5% average discount.

Q1 2012 Scottsdale Zip Code 5262 Home Sales short sales foreclosures


Scottsdale Zip Code 85262 – 2011 Home Sales by Quarter

For comparison purposes, here is a quarterly recap for home sales for 2011 in Scottsdale zip code 85262.

85262 Home Sales 2011 Scottsdale AZ


To see this same information for the entire City of Scottsdale AZ, please visit these previous reports:
View Scottsdale Home Sales by Type 2011
View Scottsdale Home Sales by Type for 2010
View Scottsdale Home Sales by Type for 2009


Search Homes for Sale in Zip Code 85262

 

Disclaimer: Due to rounding issues, not all columns will add up to 100%. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 3/31/2012 and can change at any time. The analysis looks at single-family resale homes for sale and sales in Scottsdale AZ zip code 85262 for Q1 2012. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Information deemed reliable but not guaranteed.
Copyright © 2012 Heather Tawes Nelson

Desert Mountain Scottsdale AZ – First Quarter 2012 Home Sales and Real Estate Update

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Desert Mountain Golf Homes Scottsdale AZDesert Mountain is a golf lover’s dream community. It features six Jack Nicklaus golf courses and six clubhouses. Even if you are not a golfer, there is plenty going to to keep you active such as the miles of trails, a fitness center and spa, a tennis  and pool complex, a packed social event calendar and more. Desert Mountain is the farthest north golf community in Scottsdale and lies adjacent to the Town of Carefree and National Forest Land.

Below is a chart showing first quarter 2012 home sales in Desert Mountain as well as homes currently for sale and pending home sales.

Desert Mountain Scottsdale AZ Q1 2012 Homes for Sale

Sales are off to a decent start for 2012. The lowest priced sale at $427,500 was a cash sale and it was for a 2 bedroom, 2.5 bathroom, 2,088 square foot Sonoran Cottage. It has been priced at $475,000. The Sonoran Cottages are are smaller, located steps away from the Sonoran Clubhouse and Fitness Center and are perfect for people looking for the “lock and leave” lifestyle.

The highest priced sale for Q1 2012 was a Bing Hu designed home with amazing views of the Geronimo Golf Course. It had 5 bedrooms, 4.5 bathrooms and had 5,544 square feet. The asking price was $2,675,000 and it sold for $2,375,000.

What is interesting to note is the large number of pending home sales in the pipeline. If a large number of these were to close in April, it would be a great sales month for Desert Mountain.

If you would like a little historical sales information, here is a Desert Mountain Home Sales update from November 2011.

About Desert Mountain in Scottsdale, Arizona:
Desert Mountain is one of Scottsdale’s top golf communities. Take advantage of the 8,000 acres Desert Mountain encompasses as well as Scottsdale’s wonderful weather and experience the miles of trails that wind throughout the community. As mentioned previously, there are six golf courses that offer a variety of challenges for golfers as well as a tennis complex with multiple court surfaces, a pool complex including lap and play pools and a state-of-the-art fitness center. The six clubhouses have offerings that range from the more formal to the more casual and service is exceptional.

Search Desert Mountain Homes For Sale
Search Desert Mountain Homes Under $1 Million
Search Desert Mountain Homes Between $1 and $2 Million
Search Desert Mountain Homes Over $2 Million
Search Desert Mountain Short Sales
Search Desert Mountain Foreclosures

 

Disclaimer: Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 4/20/2012 and can change at any time. The analysis looks at single-family resale homes for sale and home sales in Desert Mountain Scottsdale AZ.
Copyright © 2012 Heather Tawes Nelson

Desert Highlands Scottsdale AZ – 2012 Home Sales Performance

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Desert Highlands Luxury Homes Scottsdale AZ 85255Desert Highlands is one of Scottsdale’s top private golf communities. It has been around since the early 1980’s and was developed by Lyle Anderson and features an 18-hole golf course designed by Jack Nicklaus.

There are 560 homesites spread over Desert Highlands’ 850 acres. Desert Highlands is located just to the south of Pinnacle Peak and many of the homes are nestled into the foothills, affording amazing Valley views. All homeowners in Desert Highlands become members of the Desert Highlands Golf Club and can start enjoying all of the great amenities and activities right away.

Here are the results for year-to-date 2012 real estate sales in Desert Highlands. The first chart looks at homes on the market. As you can see, there is a wide variety in prices available. The second chart looks at pending sales and the averages seem to be on par price and size-wise as what we are seeing for averages for homes currently on the market.

Desert Highlands’ 2012 home sales are off on a pace that is similar to the last few years. Average sales prices have been around the $1 million mark and the days on market for these sales is quite a bit lower than what we see in the active and pending sales.

Desert Highlands Scottsdale Homes for Sale

DESERT HIGHLANDS HISTORICAL HOME SALES

Here are the last four years of home sales at Desert Highlands Scottsdale. Total home sales were down slightly in 2011 over 2010, but we are seeing improvement in most of the other metrics. Average sales price was up slightly as was the average price per square foot. Days on market also improved slightly.

Desert Highlands Scottsdale Historical Home Sales

About Desert Highlands in Scottsdale, Arizona
Desert Highlands  is spread over 850 acres with 560 homesites. Its great location means residents are minutes away from shopping, dining, outdoor activities, entertainment and more. The hilly terrain allows for great valley, mountain or city lights views from the homes.

Desert Highlands’ homeowners are members of the private Desert Highlands Golf Club. As members, they are free to take advantage of all of the excellent amenities it has to offer, including the 18-hole Nicklaus golf course, tennis, an expansive fitness center, swimming pools, an onsite activities coordinator and much more.

Search Desert Highlands Scottsdale Homes for Sale

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 3/29/2012 and can change at any time. The analysis looks at home sale activity in the golf community of Desert Highlands in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Troon North of Scottsdale AZ – 2012 Real Estate Activity

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Troon North Real Estate Scottsdale AZ 85262Troon North is home to two world-famous golf courses, The Monument and The Pinnacle. People come from all over the place to play these dynamic and visually-stunning golf courses. And nestled around the courses, you will find some of the best real estate North Scottsdale has to offer.

Below you will find a real estate report for Troon North for 2012 to-date.The top chart shows the current inventory of homes for sale in Troon North. As you can see they vary in price from smaller “lock and leave” homes all the way up to expansive golf estates.

The second chart takes a look at the homes that are currently pending sale in Troon North. At this time, the pending home sales fall into the lower end of the pricing spectrum.

The final chart is 2012 home sales in Troon North from January 1st through March 26th. Again, the sales have been more concentrated on the lower end of the pricing spectrum. And buyers averaged a 7% discount off of asking price on these sales.

Troon North Scottsdale AZ 2012 Home Sales

About Troon North in Scottsdale, Arizona
Troon North is a collection of various neighborhoods in the Troon North Golf Club area in North Scottsdale. It is located north and east of Pinnacle Peak and is just north of another prominent North Scottsdale golf community, Estancia.

Home sizes range from smaller condo and townhomes, which are great for seasonal residences, all the way up to expansive golf estates overlooking the course. Many of these area communities are gated and have community amenities for homeowners to enjoy.

Memberships to the Troon North Golf Club as well as discounted greens fees are available to residents of Troon North.

 

Search homes for sale in Troon North

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of  3/21/2012 and can change at any time. The analysis looks at home sale activity in the luxury golf community of Troon North in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Troon Village of Scottsdale AZ- 2012 Real Estate Report

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Troon Village Home Sales North Scottsdale AZTroon Village is a luxury golf community located in North Scottsdale, Arizona. Troon is made up of a series of neighborhoods that dot the hills and adjacent areas of Troon Mountain. Many Troon Village homes are located on Troon Mountain and therefore enjoy outstanding Valley and city light views. The lifestyle at Troon Village truly feels like resort living, yet a large number of amenities are just minutes away.

The charts below provide a snapshot of Troon Village real estate activity. The first chart looks at current homes for sale in Troon Village. The second section looks at pending home sales.  And the final chart looks at year-to-date 2012 Troon home sales.

There are a decent number of homes for sale in the Troon Village area with an average asking price close to $1 million. However, if you look at the pending sales, it seems the smaller, less expensive homes have been garnering the most interest recently.

Looking at 2012 home sales in Troon, the average sales price is more in line with the current inventory at close to $1 million. There was a wide range of home sales prices, going from under $400K to over $3 million. Buyers enjoyed an average discount of 6% off of the asking price.

 

Troon Village Scottsdale Homes for Sale March 2012

About Troon Village in Scottsdale, Arizona
Troon Village is comprised of several neighborhoods clustered around Troon Mountain. The community is located just east of Scottsdale’s famous Pinnacle Peak. A large number of the Troon neighborhoods are guard gated or gated, which makes them ideal for year-round residents or for someone looking for a second home to occupy on a seasonal basis. Troon Village’s terrain is mountainous, so the homes on the hill enjoy great mountain, sunset and city views. The types of homes available range from townhomes and patio homes up to expansive hillside estates. There are also some undeveloped lots still for sale if you would prefer to build a custom home.

Troon Country Club is located at the base of Troon Mountain. You do not have to join Troon Country Club to live in Troon Village, but many area residents opt to do so and love the club and its amenities. Troon Country Club features an 18-hole golf course designed by Tom Weiskopf and Jay Morrish and offers a variety of membership options.

Search Troon Village Homes for Sale

 

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of  3/21/2012 and can change at any time. The analysis looks at home sale activity in the luxury golf community of  Troon Village in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

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