Posts filed under ‘Chandler Arizona Real Estate’
South Chandler, Ocotillo Area Actives, Pendings and Closed Properties
I have put together a list of properties in the South Chandler, Ocotillo area that are Active, Pending or have Closed in the past 3 months so you can get an idea of what’s going on in certain neighborhoods. They are sorted by the name of the community and then by square footage. The link to the list contains the following communities in which there is an Active, Pending or Closed (within the past 3 months) property as of April 30th:
Alma Park Place, Alma Ranchettes, ALMA SCHOOL PLACE, Arden Park, AVALON AT DOBSON CROSSING, BALBOA @ OCOTILLO, Bridges at Ocotillo, BRITTANY HEIGHTS, CALLOWAY AT THE VINEYARDS, Calypso, Cantabria Shores, Carino Estates, Carino Villas Condominiums, Carmel Bay at Ocotillo, CARRIZAL, Catalina Shores at Ocotillo, CLEMENTE RANCH, COMANCHE HEIGHTS, Corona Del Mar, Cottonwood , Springs, Cottonwood Springs, Crescent Falls Fulton Ranch, CROWN POINT, CYPRESS POINT, Eden Estates, Embarcadero at Ocotillo, Enclave @ Ocotillo Lakes, Estates at Ocotillo, Estates at Vintage Villas, FOX CROSSING, Fulton Ranch, Fulton Ranch Gallery, Germann Country Estates, Gila Butte Estates, HARBOUR CLUB AT OCOTILLO, HOMESTEAD PARK, Ironwood Vistas, LAGUNA COVE, Legend At Ocotillo, MONTEFINO VILLAGE, Monterey At The Vineyards, Monterey Bay, Monterey Bay at Ocotillo, Oakwood Hills, OAKWOOD LAKES, Ocotillo, Ocotillo East, Ocotillo Lakes, Pecos Ranch, Pecos Ranch Estates, PECOS VISTAS, Peninsula, Ryan Estates, San Martin at the Vineyards, Santorini Shores, Serenity Shores, Shoreline at Fulton Ranch, SIENNA HEIGHTS, SILVERLAKE, SOMERCREST AT THE VINEYARDS, SPYGLASS BAY, STILLWATER COVE, Stonefield, Stonefield Colony, Stonefield Enclave, Talante, The Peninsula, TRISTAN, VILLAGE AT DOBSON CROSSING, VILLAS AT OCOTILLO, WATERMARK AT OCOTILLO, WILDROSE VILLAS and Windward.
South Chandler, Ocotillo Area Actives, Pending and Closed Properties
Currently, there are 89 Active, 146 Pending (includes short sales most of which are noted as AWC) and 204 Closed (since January 30, 2012) properties in this South Chandler or Ocotillo area, located from the 202 to Chandler Heights Boulevard and Price Road to Arizona Avenue. These numbers, including the information on the spreadsheet I put together are significantly different that a few months ago. If you’re a buyer who is of the mindset that you can low ball offers or get closing cost credits, hopefully you’re working with an agent that has advised you that strategy is not going to get your offer accepted. Many if not most properties right now are getting multiple offers within a day or two.
If you’re thinking of making a move, make it a “Weiss” one!
Stephanie Weiss 480.273.7472 Stephanie Weiss Moves
Portello (Village at Dobson Crossing), Chandler AZ
Here’s a look at a new home community in the very popular Ocotillo area of south Chandler known as PORTELLO. Formerly Village at Dobson Crossing, PORTELLO has a total of 162 lots comprised of 87 1-story and 75 2-story homes, built between 2006-2010. This community was started by Randall Martin who then lost the remaining vacant 86 lots to a trustee sale which were purchased by Blanford Homes in April 2009 who then completed the project.
PORTELLO is located just south of Queen Creek road and west of Arizona avenue and is a lovely community located close to Intel, Hancock, Elementary School, Hamilton High School and several public golf courses including Bear Creek, Loan Tree Golf Club, Ironwood, Oakwood and Ocotillo Golf Course as well as all the restaurants and shopping that Chandler has to offer. A brand new Target is almost completed and is located a mile south of this community.
There is only 1 active listing in PORTELLO which is 2,929 square feet, a 4 bedroom, 2.5 bath and listed at $229,990 or $78 psf and a short sale. Properties of this same size in 2006 were closing at $142 psf or approximately $434,000. That’s 53% of the value from 2006!
There are 2 pending transactions at $237,900/$82 psf (2,910sf) and $259,900/$79 psf (3,273sf) both of which are lender owned properties.
There have only been 2 closings since January 1, 2011. One was an 1,800 square foot property which sold for $194,900, the other a 2,746 square foot property which sold for $229,900. These 2 closing fetched 97% and 100% of list price.
In case you hadn’t noticed, our inventory is shrinking and with interest rates still historically low, this is a great time to buy!
If you’re thinking of making a move whether buying or selling in the southeast valley, why not check out PORTELLO or the many communities that I have put together for your review at Stephanie Weiss Moves and then give me a call.
Stephanie Weiss, REALTOR® 480.273.7472 Stephanie Weiss Moves
Ironwood Vistas, Chandler, AZ
If you’re looking for a gated property in south Chandler, Ironwood Vistas is a gorgeous little community located off of Arizona Avenue and Wood Drive, (just south of Chandler Heights Blvd). Built by Maracay Homes from 2000-2002, this very well maintained community has only 199 lots with 131 1-story and 68 2-story homes that includes a community pool however 59 of the homes do have private pools. Ironwood Vistas is located close to Intel, Hamilton High School and several public golf courses including Bear Creek, Ironwood, Oakwood and Ocotillo as well as all the restaurants and shopping that Chandler has to offer. Zip code 85248 consistently has the highest price per square foot, highest average sales price and highest median price compared to all other Chandler zip codes.
There are only 5 active listings in Ironwood Vistas with pricing ranging from $155,000 to $222,000 ($79-104 per square foot) and square footage from 1,603 to 2,540. There are currently 6 pending transactions of which 3 are short sales. Those are priced from $114,000 to $275,000 ($79-101 psf) with square footages of 1,131 to 3,237. Within the past 5 months there were 3 closings ranging from $145,900 to $218,000 ($79-$94 psf) and square footage of 1,603 to 2,678. The closed properties are averaging 99% of list price. In case you hadn’t noticed, our inventory is shrinking and with interest rates still historically low, this is a great time to buy!
If you’re thinking of making a move whether buying or selling, why not check out Ironwood Vistas and then give me a call.
Stephanie Weiss, REALTOR® 480.273.7472
Stephanie Weiss Moves
Solera by Del Webb, Gated Active Adult Retirement Community
This is high season for buyers to be in town shopping for their current or future retirement homes so why not cash in on the great deals available in active adult golf communities? Solera by Del Webb, formerly Springfield Lakes is a beautiful gated community with 1,150 homes, built 2001-2004 and located in Chandler on Riggs between Gilbert and Lindsay Roads. With spectacular views of the San Tan Mountains, this community has a very tranquil feeling and is gorgeous!!! Prior to entering the gate on South Mountain Drive, Lone Tree Golf Resort is on the right. Lone Tree Golf Resort is a privately owned traditional course and runs through the Solera community and is open to the public, however the property owners in Solera by Del Webb receive approximately 20% in discounts. The homeowners association dues run on average about $100-$110 per month. Properties are currently closing at an average of $120 per square foot which is a 34% drop from the 2005 averages of $183 PSF. There are currently 41 properties available in Solera by Del Webb ranging from 1,150 to 2,425 square feet and $150,000 to $380,000. 12 properties are pending and 23 have closed in the past 3 months. This is a great time to buy whether you’re ready to retire or planning it for the future and interest rates are still historically low. If you’d like a more in-depth analysis or are thinking of buying or selling a retirement home, please give me a call. Stephanie Weiss 480.273.7472 http://StephanieWeissMoves.com
Tables Turn in 2011 on Rent vs. Own
Rents have surged as home prices have dropped, which have prompted some to ponder whether homeownership is really worth it. Moody’s Analytics data has suggested that it makes more financial sense to rent than buy in many U.S. cities, but Moody’s chief economist Mark Zandi now says that is about to change.
“By mid 2011 and certainly by end of 2011, buying will be superior to renting in most parts of the country,” Zandi says.
Home prices are expected to fall further, making more homes affordable, whereas rent prices are expected to continue to rise this year.
The following are a few of the top cities where it makes more sense to buy than rent, according to Moody data. (Experts often recommend buying when the price-rent ratio is below 15 and rent when it’s above 20.)
▪ Cleveland: 11.43
▪ Pittsburgh, Pa.: 11.71
▪ Detroit: 12.32
▪ Phoenix: 12.35
▪ Atlanta: 12.82
▪ Tampa, Fla.: 13.08
▪ Orlando, Fla.: 13.1
▪ Cincinnati: 13.74
▪ Las Vegas: 13.89
Source: http://www.realtor.org/RMODaily.nsf/pages/News2011010601?OpenDocument&WT.cg_n=RMO&WT.cg_s=RSSDaily&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News%29
“Rent vs. Own Ratio to Flip in 2011?” Fortune (Jan. 4, 2011)
Chandler Closings November 2010
Here’s the NOVEMBER closing statistics in the Chandler area, zip codes 85224, 85225, 85226, 85248, 85249 and 85286 . Total inventory in these zip codes are currently 2,809 with 1,900 of those being ACTIVE and 909 PENDING. There were 396 closings in November 2010. Chandler is a very popular community and centrally located in the east valley of metropolitan Phoenix. Here is a link to the statistical information sorted by ZIP CODE, then COMMUNITY NAME then by SQUARE FOOTAGE Chandler Closings November 2010 . Here’s the averages for each zip code:
| Zip Code | DOM | Sq Ft | List Price | Sold Price | Price PSF | Bed | Bath |
| 85224 | 85 | 1647 | $ 121,609 | $ 121,884 | $ 74 | 3 | 2 |
| 85225 | 115 | 1498 | $ 118,939 | $ 114,730 | $ 74 | 3 | 2 |
| 85226 | 113 | 1858 | $ 194,788 | $ 185,539 | $ 100 | 3 | 2 |
| 85248 | 123 | 1950 | $ 226,674 | $ 214,208 | $ 103 | 3 | 2 |
| 85249 | 96 | 2725 | $ 286,872 | $ 279,945 | $ 103 | 4 | 3 |
| 85286 | 93 | 2401 | $ 245,156 | $ 240,898 | $ 99 | 4 | 3 |
The communities are listed as follows:
Abralee Meadow ALMA SCHOOL PLACE Andersen Springs Andorra at Valencia Arborlane Arden Park Arden Park Woodbridge Arizona Estates Arizona Impressions Arizona Reflections Avalon Avalon at Dobson Crossing BIAGIO CONDOMINIUMS Blakeman Ranch Boardwalk at the Villages Bridges at Ocotillo Brooks Crossing Brooks Ranch BROOKS RANCH CALYPSO Cambric Courts Cameo East CANYON OAKS ESTATES Carino Estates CARMEL BAY AT OCOTILLO Carrington Place Casa Tierra CASTILLE CENTRAL ESTATES Chandler Crossing Chandler Meadows Chandler Parc CHIEFTAIN VILLAGE CIRCLE G at Riggs omestead Ranch CLEARVIEW MANOR CLEMENTE RANCH COLLEGE PARK College Park Woods COLONIA CORONITA Continental Terrace COOPER COMMONS Cooper Corners Corona Gardens Country Lane Estates Country Place COUNTRYWALK County Island Crescent Falls Crescent Village Cresleigh at Driftwood Crestview Court Crystal Cove By Providence Homes D’ARCY RANCH DAVE BROWN Dawn Del El Estates Discovery at Daybreak Dobson Place Dobson Terrace DRIFTWOOD RANCH Driftwood Ranch II Enclave Estates at McQueen Estates at Vintage Villas Falcon Estates FESTIVA COURT Fieldstone states FIELDSTONE ESTATES Fieldstone Estates Fonte Al Sole Fox Crossing Frye Park Townhomes Fulton Ranch Fulton Ranch Serenity Shores Geneva Estates Glenview Estates GOLDEN KEYS EAST Hamilton Park Harmon Ranch Heather Glen Heatherbrook Square HOMEPLACE Homestead Park Ironwood Vistas Ithica court Joshua Village Kempton Crossing KINGSTON MANOR Knoell Cedar Ridge Knoell East La Costa Espana La Glorieta La Paloma Lagos Vistoso Lakeshore Lakeshore at Andersen Springs Lakeside Village LANTANA RANCH LANTANA VILLAGE LAREDO COURT Madeline Court MARKWOOD NORTH MARKWOOD SOUTH MESSINA Mirage Manor Condominiums Mirage Park MISSION VALLEY Monte Vista Monterey Point MOUNTAINSIDE RANCH NORTH BARRINGTON Ocotillo East OLD STONE RANCH Orangetree Palm Trails Pamela Park PARK PROMENADE Park View Homes Park Village Parkside Parkwood Estates Paseo Lindo PECOS ALDEA PELHAM MANOR Pepperwood PETERSON FARMS Pinelake Village PINEVIEW Provinces Quail Springs Raintree Ranch East RANCHO DEL RAY Rancho Velero Ranchos De Chandler Ray Manor REDWOOD ESTATES Rialto Hills RIGGS COUNTRY ESTATES RIGGS RANCH MEADOWS Saguaro Canyon San Marcos Estates San Martin at the Vineyards San Tan Vista SAN VINCENTE SANTANA RIDGE Senate Acres Serene Homes Shadow Ridge SIERRA POINT SILVERGATE Silverlake SILVERTON RANCH Solera, Springfield Lakes SOUTHMOORE Southridge Estates SPRINGFIELD SPRINGFIELD LAKES Stonefield Colony Stonefield Enclave STONEGATE CROSSING Strawberry Point Suggs Corona Village SUMMERSET Sun Groves SUN LAKES Sun Lakes Cottonwood Sun Lakes Country Club Sun Lakes Oakwood SUN MEADOWS Sun Rise SUN RIVER Sunbird SunBird Golf Resort SUNCREST VILLAS CHANDLER Sunnycrest Sunridge Sunstone SUPERSTITION RANCH Symphony TEALSTONE RAY RANCH THE GRANT The Meadows at Eagle Glen THE PROVINCES The Springs THE VISTAS AT OCOTILLO Thunderbird Estates Thunderbird Manor Tonopah Terrace Townhouses At New Castle TRADITION EAST Twelve Oaks Valencia VASARO VILLA HACIENDA Village At Tiburon Village Court at Gila Springs WARNER RANCH Westwood Manor Whispering Heights Whitewing WILD TREE WILDROSE VILLAS WIND SONG ESTATES Windmill Villas WINDROSE EAST WOODGLEN
If you’re thinking of making a move to Chandler, Arizona or looking for a Chandler Realtor, give me a call. Stephanie Weiss 480.273.7472. http://StephanieWeissMoves.com
Chandler Closings October 2010
Here’s the monthly update on closings in the CHANDLER area, zip codes 85224, 85225, 85226, 85248, 85249 and 85286. Total inventory in this area is currently 2,938 with 2,022 of those being ACTIVE and 916 PENDING. There were 392 closings in Oct 2010.
|
Zip Code |
Total Closed | Days on Market | Average Sq Footage | Average List Price | Average Sold Price |
Average Price PSF |
| 85224 | 46 | 111 | 1,620 | $ 142,803 | $ 136,508 | $ 83 |
| 85225 | 106 | 92 | 1,554 | $ 123,039 | $ 119,416 | $ 75 |
| 85226 | 39 | 88 | 1,758 | $ 181,059 | $ 174,689 | $ 97 |
| 85248 | 65 | 130 | 2,156 | $ 282,963 | $ 261,153 | $ 115 |
| 85249 | 79 | 98 | 3,039 | $ 302,855 | $ 294,223 | $ 98 |
| 85286 | 56 | 88 | 2,209 | $ 218,859 | $ 212,717 | $ 97 |
Southeast Valley Basement Homes
I’m often asked why we don’t have more basement homes in Arizona. While they are common in other parts of the country, it really wasn’t until recently that builders focused on building basement homes partly because they can take up to an additional 30 days to build and can add $40-$50 dollars more per square foot to the price of the property. Also, in Arizona, we only have to dig about 18 inches to put in a foundation for a non-basement home while in colder parts of the country, they have to dig several feet below the frost line therefore a little more digging is not that much extra in cost. One of the benefits of a basement home is the two stories with the one level being underground. This creates a more constant temperature while reducing heating and cooling costs. While you may pay more for a basement home, the energy savings over years can be significant. In the Chandler, Gilbert, Queen Creek area, there are currently 82 Active Basement Home Listings that range from $170,000 to $5,000,000 and 2,142 square feet to 12,415. There are 21 pending basement properties totaling $8,775,000 in value. 40 basement homes have closed in the past 3 months alone with those prices ranging from $121,000-$875,000 and totaling $16,236,000 in sales.
Some of the communities with basements include but are not limited to AGRITOPIA ALAMOSA ESTATES ARDEN PARK ARTESIAN RANCH Brentwood Acres CARRIZAL-Z Chandler Heights Citrus Circle G at Highlands West Circle G at Ocotillo Circle G Meadows Circle G Ranches COMANCHE HEIGHTS Cooper Corners West CORONADO RANCH EDEN ESTATES Estates at McQueen Freeman Farms Geneva Estates Groves of Queen Creek HARBOR POINT Harbour Club Highland 5 ISLAND at OCOTILLO MONTELENA Montelena NAUVOO STATION NORTHLAKE Oakwood Hills Pinelake Estates Pineridge POWER RANCH Queen Creek Ranchettes REGATTA AT VAL VISTA LAKES Sawyer Estates Shadow Ridge Sossaman Estates SOUTHERN SHORES AT WIND DRIFT Spring Meadows SPYGLASS BAY Stellar Airpark Estates Stonehenge Sun Groves The Harbour at Val Vista Lakes THE ISLANDS Trovita TUSCAN SPRINGS Val Vista Lakes VALENCIA VASARO Villages at Queen Creek Vista Alegre WESTON RANCH Whitewing At Wiehl Estates.
Some of the builders that are now or in the past have built basement homes are: Continental Homes Forte Homes Fulton Homes Golden Heritage Homes Great Western Homes M/I Homes Monterey Homes Ryland Homes Scott Homes Sivage Thomas Homes Southwest Homebuilders T.W. Lewis Company Toll Brothers VIP Homes
If you’re looking for a basement home, feel free to give me a call. Stephanie Weiss 480.273.7472 http://StephanieWeissMoves.com
Chandler Arizona Closings September 2010
Chandler Arizona Closings Sept 2010
Here’s the monthly update on closings in the CHANDLER area, zip codes 85224, 85225, 85226, 85248, 85249 and 85286. Total inventory in this area is currently 2,962 with 2,029 of those being ACTIVE and 933 PENDING. There were 388 closings in Sept 2010. Here is a link to the statistical information sorted by zip code, community name and square footage: Chandler Arizona Closings September 2010 . There are too many communities to name so please check the link provided above. If you’re thinking of making a move or would like a more in-depth analysis, give me a call. Stephanie Weiss 480.273.7472. http://StephanieWeissMoves.com
Sun Groves Chandler Arizona
If you’re looking for well priced homes in the Chandler area, SUN GROVES has it all with approximately 50 active listings and a “list price” range of $130,000 (1,512 sq ft) to $310,000 (4,330 sq ft). The average list price of homes in SUN GROVES is $202,000 and closing at $202,000 or an average per square foot price of $83. The lowest price paid was $123,000 and the highest price was $298,000. The properties in SUN GROVES are on the market an average of 92 days with 43 properties currently pending and 43 closings in the past 3 months! The closings were made up of 35% short sales, 21% lender owned properties and 44% regular transactions.
SUN GROVES was built between 2001 thru 2010 by Beazer, Blanford Homes, Continental, DR Horton, Elite Homes, Fulton Homes, KB Homes, Morrison Homes, Richmond American, Standard Pacific, Sunwest and Taylor Woodrow to name a few and has a good mix of single and two-story homes. If you’re thinking of making a move, give me a call. 480.273.7472 http://StephanieWeissMoves.com
