Posts filed under ‘Sun Lakes Arizona Real Estate’
Sun Lakes, AZ
The active adult communities that make up Sun Lakes, AZ are within approximately six square miles known as Oakwood, Ironwood, Cottonwood, Palo Verde and Sun Lakes, built by Robson Communities. Sun Lakes has gorgeous, well-manicured active adult communities and offers many amenities including golf, swimming and tennis. Oakwood and Ironwood have golf courses available to the general public and Cottonwood, Palo Verde & Sun Lakes are all private equity golf courses. Oakwood, Ironwood, Cottonwood, Palo Verde and Sun Lakes and are also close to the Chandler Fashion Mall, Wild Horse Pass Casino, Lone Butte Casino and Firebird International Raceway just to name a few. They have good proximity to the I-10 freeway, 202, 101 state route 87, Chandler Regional Medical Center and are about 24 miles from Phoenix Sky Harbor International Airport. Here’s some information pertaining to each community:
Sun Lakes-Oakwood
Sun Lakes-Ironwood
Sun Lakes-Palo Verde/Cottonwood
Sun Lakes data as of 3.8.10
If you’re thinking of making a move and would like a more in-depth analysis, please give me a call.
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
Chandler Market Update
My analysis of the Chandler market shows as of today, we have approximately 1,758 active listings with 846 of those under contract for a total inventory of 2,604 properties.
The majority of buyers in Chandler are buying in the $100-200K market because approximately 48% of the properties in that price range are currently pending. The $200-300K market follows with 25% and the data shows that from Jan 2009 thru Feb 2010, the average sale price in Chandler was $219K.
I also pulled the TOTAL MONTHLY CLOSINGS, AVERAGE SOLD PRICE, AVERAGE PRICE PER SQUARE FOOT and AVERAGE % OF LIST PRICE (meaning the % of price closed of the list price) over the past 14 months. The graph shows June 2009 has had the most closings of 473, with a monthly average of 362 and the 14 month total for Chandler was 5,071. If no new listings were added, we would have approximately 4.85 months of inventory left but I’m relatively certain new listings will continue to be added to the market. The price PSF averaging $105 was at it’s lowest in Aug and Dec of 2009 when it was at $101. The % of list price has risen since Jan 2009 which I believe may be due to agents properly pricing the listing to get it sold therefore the actual closed price is closer to the list price.
Please note this is data pulled from the Arizona Regional Multiple Listing Service.
If you’d like a market analysis of a particular area or if you’re thinking of making a move, please give me a call.
Chandler Inventory Statistics
Chandler Facts Jan 2009 thru Feb 2010
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
South Chandler, Arizona Real Estate
JUNE 1, 2009-If you’re looking in south Chandler, you can find a wide variety of prices, styles and square footage within the borders of the 202 (San Tan Freeway), Hunt Highway, Price Road and Arizona Avenue. From as low as $85,000 to $3.475M and 920-9,668 Square Feet, south Chandler has much to offer! Some of the communities within this area are known as ALMA SCHOOL PLACE, ARDEN PARK, BALBOA PARK AT OCOTILLO, BRIDGES AT OCOTILLO, BRITTANY, BRITTANY HEIGHTS, CLEMENTE RANCH, CALLOWAY AT THE VINEYARDS, CANTABRIA SHORES, CARINO ESTATES, CARINO VILLAS CONDOMINIUMS, CATALINA SHORES AT OCOTILLO, CALYPSO, CARRIZAL, CORONA DEL MAR, COTTONWOOD, COTTONWOOD SPRINGS, COMANCHE HEIGHTS, CRESCENT FALLS AT FULTON RANCH, CROWN POINT, CYPRESS POINT, EDEN ESTATES, ESTATES AT OCTOTILLO, FOX CROSSING, FULTON RANCH, GILA BUTTE ESTATES, HOMESTEAD PARK, IRONWOOD, IRONWOOD COUNTRY CLUB, ISLANDS AT OCOTILLO, MONTEFINO VILLAGE, MONTEREY AT THE VINEYARDS, MONTEREY BAY, OAKWOOD, OAKWOOD HILLS, OAKWOOD LAKES, OCOTILLO, OCOTILLO LAKES, PECOS RANCH, PECOS RANCH ESTATES, PECOS VISTAS, RYAN ESTATES, SANTORINO SHORES, SUN LAKES, SERENITY SHORES CONDOS AT FULTON RANCH, SIENNA HEIGHTS, SOMERCREST, SPYGLASS BAY, STILLWATER COVE, STONEFIELD ENCLAVE, TRISTAN, VISTAS AT OCOTILLO AND VINTAGE VILLAS. As of today, 6/1/09, there are 448 active listings within this area and thus gives you a lot to choose from. I live in this area so give me a call today if you’re thinking of making a move! StephanieWeissMoves@gmail.com (480) 273.7472
