Posts filed under ‘Higley Arizona Real Estate’
Lyons Gate, Gilbert, Arizona
Lyons Gate is a newer Gilbert community located on both sides of Higley Road, just south of the 202 between Ray and Williamsfield Roads. A lot of the community has that small town main street feel with the garages in the back with little if any yard maintenance. There’s a large community pool, spa, basketball court, volleyball court and several children’s play areas. Lyons Gate was built by several builders including primarily William Lyon Homes, Hacienda, Pulte, Orleans, Ashton Woods and Meritage from 2005 to current. I love the frosted garages on the new ones!! They are beautiful! Not only is Lyons Gate a great location due to access to major freeways but it’s close to my favorite Gilbert mall, San Tan Village! The Williamsfield High School is just south of the community and within walking distance and the Higley Elementary School is just south of that.
Lyons Gate currently has approximately 38 active listings that range in price from $97,000 to $333,000 and 1,077 square feet to 4,420 square feet. There are 31 pending transactions, 11 of which are short sales and 20 are regular transactions. In the past 3 months, 53 properties have closed in Lyons Gate with pricing ranges from $90,000 to $400,000. 25% of those were cash transaction, 40% were Conventional loans and 35% were FHA/VA loans. 25% of these closings were short sales. If you’re looking in Gilbert, check out my photos on YouTube so you can get a sense of the look and feel of this lovely community. If you’re thinking of making a move, whether buying or selling, please give me a call. Stephanie Weiss (480) 273.7472 Stephanie Weiss Moves
Chandler AZ Real Estate
If you’re looking to buy or sell property in Chandler and would like more information on your neighborhood, please give me a call for an in depth analysis!
StephanieWeissMoves@gmail.com
480.273.7472
www.StephanieWeissMoves.com
Phoenix Home Sales
Phoenix area (Metropolitan Phoenix) home sales through the end of November totalled 85,651 and I’m projecting that by year-end, we’ll have a total for the year of approximately 93,000. The highest homes sales in recent years were 2004 at 98,922 and then 2005 at 104,725 so we’re close to those levels in sales. Obviously, what’s driving sales is the rock bottom prices but my feeling is this has allowed more people the opportunity at home ownership than when prices had peaked in 2005/2006. Yes, credit is harder to come by and lenders have swung the pendulum 180 degrees from the peak years, but my feeling is this is a good and necessary correction and needed if we’re ever to recover from the current situation we’re in. Things do slow down towards the end of the year and peak buying time is during spring, but all in all, buyers are buying and sellers are trying to hold out unless they absolutely need to move due to life changing events. New Listings for 2009 will no doubt be less than last year’s total of 162,181 total new listings. To date we are currently at 136,786 so we’ll see where that number ends up after the month of December. If you’re thinking of making a move, please give me a call!
Metropolitan Phoenix Market Activity
While sales are holding steady, they have thus far peaked in June at 9,327 and declined slightly July, August and September. Overall however, we still have 3 more months to add to the 70,038 year-to-date figure, already surpassing the 2008 total of 60,108. New listings for the year, through September 2009 total 112,798, a 10% reduction for the same time period from last year which was 123,283.
After several months of much of the same, approximately 76% of buyers are purchasing properties under $200,000 with the majority purchasing in the $100-$200K range. Properties under $100K have an absorption rate of 52% while properties from $100-$200K have a 45% absorption rate. The luxury home market has only 3% of the buyers and low absorption rates. While homes under $200K are fetching multiple offers, the luxury home market is still declining as those homes sit on the market and it may be awhile before it bottoms out.
If you’re thinking of making a move, please give me a call.
StephanieWeissMoves@gmail.com
(480) 273.7472
Whitewing at Higley, Gilbert Luxury
JULY 23, 2009-One of Gilbert’s gated luxury communities is located just off the 202, south of Pecos and on the west side of Higley Road and is called Whitewing at Higley. Located on approximately 81 acres, Whitewing at Higley has a variety of pricing in luxury homes that currently range from $675,000 up to $1,799,000. The price paid per square foot in Whitewing at Higley so far averages $182 with one sale as low as $149. At it’s peak in 2006, prices were at $285 per square foot so needless to say, this is a great time to buy if your looking for something in Whitewing at Higley or the luxury home market anywhere in the metropolitan Phoenix area. Please give me a call if you’re thinking of making a move.
StephanieWeissMoves@gmail.com (480) 273.7472
