Phoenix Area Real Estate Blog

Real Estate information for Phoenix, Scottsdale, and nearby Arizona cities

Phoenix Area Real Estate Blog

Dynamite Mountain Ranch Market Update - August 2007

By: Steve Belt
www.realphoenixliving.com
August 22nd, 2007

Dynamite Mountain Ranch

There are currently 76 active properties for sale in Dynamite Mountain Ranch. The average asking price per square foot over all 76 properties is $163/sq foot.

Size Range Price/Square Foot Number of Homes
under 2000 sq ft $177/sq ft 30
2000-2500 sq ft $154/sq ft 30
2500+ sq ft $161/sq ft 16

*data as of 8/22/2007, via ARMLS

In the last 30 days, 2 properties have moved to sale pending:

Address Size Model Price Price/sq foot
2317 W Oberlin Wy 2045 Prescott $335,000 $164/sq foot
2401 W Silver Sage Ln 2232 Cape Cod $314,000 $141/sq foot

*data as of 8/22/2007, via ARMLS

In the last 30 days, 2 properties have closed escrow:

Address Size Model Price Price/sq foot
27809 N 23rd Dr 2045 Prescott $313,000 $153/sq foot
1913 W Morning Vista Ln 3605 Maracay $570,000 $158/sq foot

*data as of 8/22/2007, via ARMLS

In the last 30 days, 15 days have been taken off the market. These homes had an average asking price per square foot of $168.

The trend toward lower asking prices, along with lower selling prices in Dynamite Mountain Ranch is still continuing, as a result of supply being so much larger than existing demand.

If you enjoyed this post, consider subscribing to the blog

Tags: Dynamite Mountain Ranch · Phoenix · Real Estate

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment




Comment Policy