Are you thinking about selling your home in the prestigious DC Ranch community in Scottsdale, Arizona? Before listing your property, it's essential to know the ins and outs of the local market, as well as what steps to take to ensure a smooth and successful sale. As a local real estate expert, I'm here to share valuable tips and information to help you navigate the process with ease. Selling Your Continue Reading
High end home sales soar in 2016 in Silverleaf
Silverleaf is a neighborhood within the master planned community of DC Ranch that features a Tom Weiskopf award winning 18-hole championship golf course and one of the most exclusive private golf clubs in the Southwest. The semi-custom and custom homes featured in this luxurious community offer some of the most stunning city light and mountain views found anywhere in Arizona. Luxury home Continue Reading
Should you refinance your Scottsdale house?
Interest rates have been low for months, but they recently dropped even lower due to “Brexit.” This could be good news for you if you own a Scottsdale house and have been thinking about refinancing. Here’s what you need to know if you’re not sure if this is the right move for you. Interest rates are extremely low About a year ago, interest rates for 30-year mortgages were around 4 percent. Continue Reading
What you should know before you find a rental home in Scottsdale
If you are thinking about finding a home for rent in Scottsdale, becoming familiar with the current rental market is a good idea. This can let you know what to expect before you start touring the rental homes you’re interested in, only to find that they’re out of your price range or will not be available for much longer. Here’s what you need to know about the rental market, both in Scottsdale and Continue Reading
Foreign real estate investors plan to increase U.S. investments in 2016
If you plan on listing your Scottsdale home for sale in 2016, you’ll be happy to know that the United States is expected to be a top destination for home buyers around the world. Sure, investors from overseas usually go after larger property types, such as commercial or multifamily properties, but some still invest in single-family homes along the way. Plus, the same incentives that have Continue Reading
3 reasons to buy a home soon in Scottsdale and the Phoenix-area
If your goal is to become a homeowner, now is the perfect time to make that dream come true. Whether you plan to buy a home in the North Scottsdale area or elsewhere, buying soon can increase your chance of getting the house you want, within your budget. Here are just a few reasons that buying a home soon may be a great decision for you. It’s Now Easier to Qualify for a Mortgage Maybe Continue Reading
3 real estate trends to consider before you sell or buy your Scottsdale home
If you are considering selling your home in Scottsdale this year, you should take a look at some of this year's main real estate trends. They could give you a rough idea about how quickly you could sell your home, and are equally interesting if you are in the market to buy a Scottsdale home. 1. Many People Are Planning to Make a Move in 2015 Certain demographics may be in the market Continue Reading
June Real Estate Report: 17 home sales and 8 lot sales in DC Ranch and Silverleaf
We've crunched the numbers and found that during the month of June, 2015, there was a total of 17 home sales in DC Ranch and Silverleaf, representing represented just under $31 million in sales. The sales prices ranged from $259,500 for a 1,298 square foot townhome in DC Ranch’s Market Street Village to $7.2 million for a 9,684 square foot custom estate on 2.23 acres in Silverleaf’s Upper Continue Reading
May Real Estate Report: 9 sales in DC Ranch and Silverleaf in May 2015
During the month of May, there were 9 home sales in the neighborhoods of DC Ranch and Silverleaf, representing just over $13 million in sales volume. Seven of the 9 properties were in DC Ranch, and two sales were in Silverleaf. This was a big drop from the 20 homes that sold in April, and the 16 homes per month that sold on average between January and April this year. A total of 76 homes Continue Reading
Real estate market update: DC Ranch and Silverleaf post strong sales in April
Last month was a strong month for closed sales in DC Ranch and Silverleaf: there were a total of 20 homes sold, representing over $25 million in sales. Sales prices ranged from $174,000 to $4,900,000, with price per square foot ranging from $171 to $655. So far, through the first 4 months of the year, there have been a total of 67 sales, an average of approximately 16 Continue Reading
DC Ranch market update: summary of homes sold in the month of March
DC Ranch is humming with the excitement of spring, as evidenced by the healthy home sales activity in the month of March. If you want to capture the Spring house hunting buzz here in the neighborhood, it's not too late to put your home on the market. Here is a quick summary of the homes that sold in the month of March in DC Ranch and Silverleaf: There were a total of 22 Continue Reading
Hints from Federal Reserve Open Market Committee: interest rates likely to rise
On Wednesday, March 18, the Fed’s Open Market Committee (FOMC) released more hints that the central bank may be considering raising interest rates. Buyers have been lulled into a false sense of security that the historically low rates will be there whenever they get ready to finance their next home purchase. Well, with the change in rhetoric that took place in last week’s FOMC meeting, home Continue Reading
Listing inventory levels likely to rise over the next few months in DC Ranch
As of this afternoon, there have been 7 new listings that have hit the market in DC Ranch and Silverleaf since the first of the year, an increase of one listing per day. There is currently a total of 138 homes for sale in DC Ranch. For the last 2 years, active listing have risen in the 85255 zip code between January and April (see graph above.) The good news is that demand Continue Reading
Real estate market update: 18 home sales in DC Ranch and Silverleaf in December
The real estate market in DC Ranch, including Silverleaf, had a strong finish to the year, posting a total of 18 home and townhome sales for the month of December, 2014. This represented over $30 million in dollar volume. Of the 18 homes sales, 13 were detached homes and 5 were townhomes. The average days on market was 155, and, on average, the 18 homes Continue Reading
Silverleaf sees an increase in luxury home sales over $5 million in 2014
High end sales have picked up in Silverleaf this year compared to recent years. As of today, there have been 6 homes that have sold over $5,000,000 year to date, and there are currently 3 properties with list prices over $5,000,000 that are currently under contract. Two other notable sales closed earlier this year at $4.8 million and $4.9 million. Silverleaf has had 36 home sales year Continue Reading
Real estate market update: 6 home sales in DC Ranch and Silverleaf in November
The community of DC Ranch, including Silverleaf, had only 6 sales in the month of November, representing $9.235 million in sales. The November sales number is significantly lower than the monthly average sales rate of 13.5 homes so far this year. In October, there were 17 sales in DC Ranch and Silverleaf. Sales prices ranged from $522,000 for a 2,477 square foot detached home in Continue Reading
Real estate market update: 17 home and townhome sales in DC Ranch and Silverleaf in October
The community of DC Ranch, including Silverleaf, had 17 home sales in the month of October, representing over $21 million in sales. Sales prices ranged from $450,000 to $3.3 million, and price per square foot ranged from $188 to $503. The average days on market of these sold homes was 141 days, and the average list price to sold price ratio was 96%, meaning that, on average, the homes Continue Reading
Real estate market update for zip code 85255 in North Scottsdale
Since we're wrapping up the 3rd quarter of 2014, we thought it would be a nice time for a review of the real estate market in 85255. Below are 3 graphs which give you an idea of what is happening in the market in terms of active listings, number of sales, and average sales price per square foot sales for single family homes in 85255. All data and graphs were obtained from Michael Continue Reading
85255 real estate market update for August 2014: demand down, supply also falling
The 85255 zip code includes the DC Ranch area (as well as North Scottsdale communities of McDowell Mountain Ranch, Windgate Ranch, Grayhawk, Sonoran Hills, Troon, Desert Highlands, and the Pinnacle Peak area, to name a few.) Demand in this area continues to be down from last year (measured by closed transactions), but the number of active listings continues to fall as Continue Reading
DC Ranch real estate by the numbers: an overview of 2012 trends and sales
The Matheson Team sold 23 homes in DC Ranch last year, ranging in price from $385,000 to $1,150,000. Are you looking to buy or sell a home within the DC Ranch community? Contact one of our DC Ranch real estate experts on the Matheson Team today by filling out the contact form below. Overall, 2012 was an active year for the DC Ranch real estate market: 201 homes were sold in Continue Reading
