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.
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!
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, PORTELLOhas 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.
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 PORTELLOor the many communities that I have put together for your review at Stephanie Weiss Moves and then give me a call.
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.
Here’s a monthly update on the South Chandler Market Information, the area known as Ocotillo with its boundaries from the 202-San Tan Freeway to Chandler Heights and Price Road to Arizona Avenue within zip codes 85248 and 85286. Total inventory in this area is 383 with 262 of those being ACTIVE and 121 PENDING. There were 47 closings in August 2010. The 47 closings in the Ocotillo area of Chandler, Arizona were comprised of 25% pre-foreclosures/short sales, 30% lender-owned or foreclosed homes and the remaining 45% were regular sales (non-distressed sellers).
If you’re thinking of making a move, please give me a call or search properties for free at http://StephanieWeissMoves.com. Stephanie Weiss 480.273.7472
There are currently 47 rentals available in the Ocotillo area of Chandler. These are a mix of Single-Family, Condos and Townhomes. These properties range from 1,120 to 5,024 square feet with pricing from $1,000 to $5,000 or $.50 per square foot to $1.93 psf. Based on the current available rental properties in south Chandler, the average size unit is a 3 bedroom, 2 bath with 2,000 square feet and priced at $1,767 or $.92 psf in a gorgeous area of Chandler Arizona! The communities which currently have available units are THE BRIDGES AT OCOTILLO, CALYPSO, CANTABRIA SHORES, CARINO ESTATES, CARMEL BAY AT OCOTILLO, CLEMENTE RANCH, CORONA DEL MAR, CYPRESS POINT, EMBARCADERO AT OCOTILLO, FOX CROSSING, HOMESTEAD PARK, MONTEFINO VILLAGE, MONTEREY BAY AT OCOTILLO, OCOTILLO EAST, OCOTILLO LAKES, PENINSULA, SAN MARTIN AT THE VINEYARDS, STILLWATER COVE, VILLAGE AT DOBSON CROSSING and WATERMARK AT OCOTILLO. If you are looking for rental properties in south Chandler or the Ocotillo area and need a REALTOR® to show you around this wonderful area, please give me a call at 480.273.7472 Stephanie Weiss http://StephanieWeissMoves.com
Ocotillo Lakes is a community located between Dobson and Alma School roads and Chaparral Way/Lake Drive to Bartlett Way in the Ocotillo area of Chandler, Arizona. This includes The Retreat & Enclave at Ocotillo. Many of the homes in Ocotillo Lakes sit on the lake that runs throughout the community. Ocotillo Lakes was built between 1998-2001 by Edmunds-Toll and Pulte Homes.
Currently there are 12active listings, 2 pending and 10 properties that have closed within the past three months. The actives currently range from $190,000 to $483,000 and 1,533 square feet to 3,533. There are 6 homes under $260,000 and 6 over. The average list price in Ocotillo Lakes is $330,000 however that is in part because of The Retreat & Enclave at Ocotillo which is a gated community with higher home prices. Out of the 12 active listings, 3 are regular deals, 4-short sales (3 of those being pre-foreclosures), 1 pre-foreclosure and 4 lender owned properties. Out of the 10 properties that closed within the past 3 months, 2 were cash transactions, 1 FHA (lender owned property) and the remaining 7 were regular transactions involving conventional loans. Here are the actual closings:
Bed
Bth
SqFt
YR
SP
COE
Price Per Sq Ft
Total Days on Market
3
2
1,533
1998
$215,000
6/8/2010
$ 140
82
3
2
1,533
1999
$195,000
5/28/2010
$ 127
55
3
2
1,780
1999
$240,000
5/17/2010
$ 135
87
4
2
2,406
1998
$400,000
6/29/2010
$ 166
37
4
3
2,524
1999
$395,000
6/2/2010
$ 156
21
4
3
2,525
1998
$425,000
6/15/2010
$ 168
45
3
2
2,531
2001
$460,000
6/22/2010
$ 182
582
3
2.5
2,953
1998
$449,900
5/26/2010
$ 152
5
4
2.5
3,093
1998
$525,000
6/29/2010
$ 170
132
4
3
3,533
1999
$400,000
6/18/2010
$ 113
307
Here is the information in general:
Status
#
List Price
Sold Price
Approx SQFT
List Price Per Approx SQFT
Sold Price Per Approx SQFT
Total Days on Market
Active
12
Low
Avg
High
189,900
330,658
483,000
1,533
2,371
3,533
110.73
139.09
169.89
1
77
258
Pending
2
Low
Avg
High
225,000
348,500
472,000
1,600
2,066
2,531
140.62
163.56
186.49
0
8
17
Closed
10
Low
Avg
High
209,000
384,140
549,900
195,000
370,490
525,000
1,533
2,441
3,533
117.44
156.85
189.25
113.22
151.04
181.75
5
135
582
Overall
24
Low
Avg
High
189,900
354,429
549,900
1,533
2,375
3,533
110.73
148.53
189.25
0
96
582
There are 5 active rentals in Ocotillo Lakes ranging from 1,715-2,795 square feet and at least 3 bedrooms 2 baths. Pricing ranges from $1,400 to $2,495 or $.82 to $.94 per square foot. Closed rents are averaging $.97 psf and are on the market for only 29 days!
If you’re thinking of making a move to the Ocotillo Lakes area, please give me a call. Stephanie Weiss 480.273.7472 http://StephanieWeissMoves.com
Here’s an update on closings in the South Chandler area known as Ocotillo. I extract this information from the ARMLS (Arizona Regional Multiple Listing Service) and its boundaries are the Ocotillo area of Chandler (202 to Chandler Heights and Price Road to Arizona Avenue) zip codes 85248 and 85286. Total inventory in this area is 371 with 238 of those being ACTIVE and 133 PENDING. There were 57 closings in July 2010. Here is a link to the statistical information sorted by community name Ocotillo Area closings 2010 July . Some of the communities included are ALMA SCHOOL PLACE, ARDEN PARK, AVALON AT DOBSON CROSSING, BALBOA POINT, BRIDGES AT OCOTILLO, BRITTANY HEIGHTS, CALLOWAY AT THE VINEYARDS, CALYPSO, CANTABRIA SHORES, CARINO ESTATES, CARMEL BAY AT OCOTILLO, CARRIZAL, CLEMENTE RANCH, COTTONWOOD SPRINGS, ESTATES AT OCOTILLO, FOX CROSSING, FULTON RANCH, LAGUNA COVE, MONTEFINO VILLAGE, RYAN ESTATES, SAN MARTIN AT THE VINEYARD, SIENNA HEIGHTS, SILVERLAKE, SPYGLASS BAY, THE PENINSULA, VILLAGE AT DOBSON CROSSING, VILLAS AT OCOTILLO and WATERS EDGE AT OCOTILLO. If you’re thinking of making a move, please give me a call. Stephanie Weiss 480.273.7472 http://StephanieWeissMoves.com
Germann Country Estates is a quiet gated community in Chandler located on the northwest corner of Germann and Dobson roads. There are 69 lots in this community which were built from 2000 to 2005 with 67 of them being 1 story and only 2 two-story properties. The average size of the homes in Germann Country Estates are approximately 3,600 square feet. Currently there are 3 active listings and only 1 closing for 2010 year-to-date and 2 closings for 2009. Previous year closings are shown below. Germann Country Estates is located close to the 101 and 202 which provide access to all other major freeways as well as being located close to Intel, Orbital Science Corporation and many others. Now is a great time to buy so if you’re thinking of making a move, give me a call. Stephanie Weiss 480.273.7472 http://StephanieWeissMoves.com
Hi Folks! This information, obtained from the ARMLS (Arizona Regional Multiple Listing Service) encompasses The Ocotillo area of Chandler (202 to Chandler Heights and Price Road to Arizona Avenue). Total inventory in this area is 385 with 233 of those being ACTIVE and 152 PENDING. There were 162 closings from February 18, 2010 thru May 17, 2010. If you’re thinking of making a move, give me a call. Here is a link to the statistical information sorted by community name. Ocotillo Area Closing for the Past 3 Monthshttp://StephanieWeissMoves.com
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