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 sold within 96% of their list prices.
Sale prices ranged from $392,000 for a 1,587 square foot townhome in the Courtyards at Desert Park to $9,750,000 for a 15,009 square foot custom estate in the Upper Canyon in Silverleaf Village.
There were 5 vacant home sites that sold in Silverleaf last month, ranging in price from $485,000 to $1,400,000.
Overall for the year, there were a total of 167 home sales – including 130 detached homes and 37 townhomes – representing over $263 million in sales. The average days on market for sold homes in all villages in DC Ranch and Silverleaf was 141, and the average list price to sales price ratio for all sold homes was 96%.
In Silverleaf, 7 homes sold over $5 million, a significant increase over recent years.
9290 E. Thompson Peak Pkwy #241 sold in December for $1,237,500
There were 34 vacant home sites that sold during 2014 – approximately $40 million in sales. All but 2 of these were in Silverleaf, since DC Ranch is almost completely built out.
DC Ranch is an exceptional master planned community located just 5 minutes from the Loop 101 Freeway in North Scottsdale. Situated at the base of the McDowell Mountains, many properties offer golf course, city lights and mountain views. Property types include condos, townhomes, semi-custom detached homes, estate sized custom homes, and vacant home sites ranging from 1/3 acre to over 8 acres. In addition to resale homes, there are still several new construction opportunities in the community. DC Ranch is known for its outstanding amenities, 3 retail plazas, and 2 outstanding private country clubs.
Read our Lifestyle posts to learn more about living in DC Ranch.
Looking for DC Ranch homes for sale? Contact the Matheson Team, Scottsdale realtors specializing in DC Ranch, to make an appointment to view properties.
Don Matheson
Realtor | Founder
The Matheson Team – RE/MAX Fine Properties
21000 N. Pima Rd., #100, Scottsdale, AZ 85255
480-360-0281
don@scottsdalerealestate.com
