Archive for April 1st, 2008

Desert Ridge Aviano Market Update – April 2008

Published April 1, 2008 Blogroll , Desert Ridge - CityNorth Leave a Comment

  Desert Ridge Aviano – Market Update April 2008

www.theholmgroupaz.com  

  • Currently there are over 54,000+ homes available through the AZ MLS
  • Desert Ridge Aviano has a total of 73 homes on the market through the MLS.   Average days on market are 142 and average price per square foot of $220 (not including for sale by owner)
  • Cheapest house available in Desert Ridge Aviano is priced at $474k
  • Most expensive house on the market is priced at $1,859,000
  • Average price for a home currently on the market is $811k
  • Average price for a home in pending status is $751k
  • Average price for a home being sold is N/A
  • Pending sales are currently priced at $194 a sqft (these have yet to record)
  • Desert Ridge Aviano had 0 sales close in the month of March and 7 homes go pending

  Recent Sales in Desert Ridge – Aviano  

·         3995 E Crest Ln 3795 sqft (Listed for $669k and Sold for $649.9k)

·         3651 E Crest Ln 3169 sqft (Listed for $749k and Sold for $700k)

·         3743 E Maffeo Rd 3402 sqft (Listed for $775k and Sold for $750k)

·         23007 N 38th Way 3961 sqft (Listed for $1,050k and Sold for $1,015k)   Just a few reasons to work with The Holm Group 

  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into the Desert Ridge area.
  • Sterling Fine Homes & Land ranked 3rd  in the Best of Arizona’s Business – Arizona Ranking

  Representing Buyers and Sellers throughout Desert Ridge   

Andrew Holm, ABR Sterling Fine Homes & Land

The Holm Group LLC Office: 480-767-2738  Cell: 480-206-4265

Email: Andrew@theholmgroupaz.com

Desert Ridge Market Update – April 2008

Published April 1, 2008 Blogroll , Desert Ridge - CityNorth Leave a Comment

 Desert Ridge – Market Update April 2008

www.theholmgroupaz.com 

  • Currently there are over 57,000+ homes available through the AZ MLS
  • Desert Ridge has a total of 119 single family homes on the market through the MLS.   Average days on market are 134 and average price per square foot of $212 (not including for sale by owner)
  • Cheapest house available in Desert Ridge is priced at $249k
  • Most expensive house on the market is priced at $1,250,000
  • Average price for a home currently on the market is $546k
  • Average price for a home in pending status is $515k
  • Average price for a home being sold is $332k
  • Pending sales are currently priced at $209 a sqft (these have yet to record)
  • Desert Ridge had a total of 5 sales close in the month of March and 18 homes go pending

  Recent Sales in Desert Ridge 

 ·         4055 E Melinda Ln 1505 sqft (Listed for $280k and Sold for $270k)

·         4510 E Lone Cactus Dr 1289 sqft (Listed for $299k and Sold for $299k)

·         5419 E Lone Cactus Dr 1663 sqft (Listed for $326k and Sold for $297k)

·         4627 E Weaver Ln 1962 sqft (Listed for $395k and Sold for $383k)

·         4415 E Hamblin Dr 3012 sqft (Listed for $685k and Sold for $675k)  

Just a few reasons to work with The Holm Group 

  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into the Desert Ridge area.
  • Sterling Fine Homes & Land ranked 3rd  in the Best of Arizona’s Business – Arizona Ranking
  • I sold 40% of my own listings in 2005-2006 by representing both the buyer and seller
  • If you are looking at doing any remodeling give me a call as I have established relationships with several area contractors that can help you on virtually any project
    • I have had several clients that have used my contractors and I can send you detailed photos of the work they have had done. 

  Representing Buyers and Sellers throughout Desert Ridge.   

Andrew Holm, ABR Sterling Fine Homes & Land’

The Holm Group LLC Office: 480-767-2738  Cell: 480-206-4265

Email: Andrew@theholmgroupaz.com

DC Ranch Market Update – April 2008

Published April 1, 2008 Blogroll , DC Ranch - DC Market Leave a Comment

  DC Ranch – Market Update April 2008

www.theholmgroupaz.com 

  • Currently there are over 55,000+ homes available through the AZ MLS
  • DC Ranch has a total of 195 single family homes on the market through the MLS.   Average days on market are 203 and average price per square foot of $486 (not including for sale by owner)
  • Cheapest house available in DC Ranch is priced at $549k
  • Most expensive house on the market is priced at $11,995k
  • Average price for a home currently on the market is $2,110k
  • Average price for a home in pending status is $1,857k
  • Average price for a home being sold is $1,767k
  • Pending sales are currently priced at $428 a sqft (these have yet to record)
  • DC Ranch had a total of 15 sales close in the month of March and 12 homes go pending

  Recent Sales in DC Ranch 

 ·         9527 E Verde Grove 3581 sqft (Listed for $1,355k and Sold for $1,210k)

·         9290 E Thompson Peak 4076 sqft (Listed for $1,750k and Sold for $1,615k)

·         10157 E Desert Sage 3693 sqft (Listed for $2,495k and Sold for $2,195k)

·         18909 N 98th Street 7031 sqft (Listed for $3,650k and Sold for $3,350k)  

Just a few reasons to work with The Holm Group 

  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into the DC Ranch area.
  • Sterling Fine Homes & Land ranked 3rd  in the Best of Arizona’s Business – Arizona Ranking
  • If you are looking at doing any remodeling give me a call as I have established relationships with several area contractors that can help you on virtually any project
    • I have had several clients that have used my contractors and I can send you detailed photos of the work they have had done. 

  Representing Buyers and Sellers throughout DC Ranch.   

Andrew Holm, ABR Sterling Fine Homes & Land

The Holm Group PLLC Office: 480-767-2738  Cell: 480-206-4265

Email: Andrew@theholmgroupaz.com

AZ Republic – Westcor not letting DMB Link step Palisene project

Published April 1, 2008 Blogroll , Scottsdale Real Estate Leave a Comment

Peter Corbett
The Arizona Republic
Mar. 31, 2008 12:49 PM  NORTHEAST VALLEY – Westcor officials say they still plan to build their Palisene project despite a recent alliance with DMB Associates to develop retail at One Scottsdale, east of Palisene at Loop 101 and Scottsdale Road.

The Valley mall giant intends to be among the bidders April 30 when the Arizona State Land Department auctions 112 acres of state trust land that Westcor wants for Palisene. The site is about a quarter-mile north of Loop 101, west of Scottsdale Road to 68th Street.

“We plan on participating in that process,” Scott Nelson, Westcor vice president of development, said of the auction. “Our commitment to the State Land Department is the same as it was before we announced the alliance with DMB. Westcor and DMB on March 5 announced a partnership in which Westcor will lease and operate the retail sector at DMB’s One Scottsdale development on the east side of Scottsdale Road at Loop 101.

One Scottsdale is planned for 1.8 million square on 120 acres, with offices, 400 hotel rooms and up to 1,100 residential units.

Dial Corp. is building its four-story headquarters at One Scottsdale. It will be the first component of the mixed-use development when it opens this fall. 2008

There are concerns that the alliance will thwart retail development of Palisene because of all the competing retail development in the Northeast Valley. That includes One Scottsdale, CityNorth, two miles to the west, and the Scottsdale Quarter, just east of Kierland Commons, two miles to the south.

But Westcor intends to go forward with Palisene.

“I’m not sure our vision drastically changes,” Nelson said. “It’s an exciting opportunity for both sides of the street to be aligned and complimentary to one another.”

The alliance with DMB gives retailers predictability in that they can open in One Scottsdale in 2011-12, the time frame that many of them are seeking, he said.

State Land Commissioner Mark Winkleman said one of the challenges of developing the 112-acre Palisene site is that the winning bidder has to commit to an expense of $67 million for roads, utilities and drainage improvements for the area.

That cost, on top of a minimum bid of $32 million, could scare away some bidders, he said.

“At the end of the day, the project has to pencil out financially,” Winkleman said. “If you can’t get enough tenants and the land costs too much then you don’t have a project.”

The marketplace, including potential bidders like Westcor, will make the determination on whether a development would be viable given the current costs, the land commissioner said.

Developers have recently be reluctant to buy some state trust land parcels. Last week, there were no bidders at a state land auction for 252-acre residential site southeast of 56th Street and Pinnacle Peak Road.   

www.theholmgroupaz.com

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