January 2013 Terravita market Update

Gayle Henderson, PC ®

REALTOR ABR, CDPE, CIAS, CLHMS, CRS, e-PRO, GRI RE/MAX Excalibur Realty

602.850.4335 TERRAVITAHOMES SALE.COM

RE/MAX Excalibur Realty 10458 E Jomax Road, #100 Scottsdale, AZ 85262

Featured Listing in Terravita

PRESORTED STANDARD US POSTAGE PAID SAN DIEGO CA PERMIT NO. 1600

Terravita

GOLF AND COUNTRY CLUB

33962 N 70th Way 4 Bedrooms, 2.5 Baths Offered at $679,900 Spectacular Ventus total remodel on one of the largest N/S properties with beautiful mountain views. New upgrades include 24'' travertine floors, slab granite counters in kitchen and bathrooms, Jeruselum Limestone, alderwood cabinets, new stainless steel Sub-Zero refrigerator, Bosch diswasher, Dacor oven, five-burner electric cooktop range, and microwave oven. The backyard boasts a solar heated salt water lap pool and outdoor firepit located in huge side yard with views and privacy. The 3-car garage has an epoxy finish and built-in cabinets. Too many other upgrades to mention. MUST SEE HOME!

Listing Courtesy of Tom Pelliteri

TerravitaMarket Update Average Sale Price

4TH QUARTER 2012

Average Square Feet

Average Price per Square Foot

$700,000

3,500

$220.00

$600,000

3,000

$215.00

$500,000

2,500

$400,000

2,000

$300,000

1,500

$200,000

1,000

$100,000

500

$0

0 Nov-12

Dec-12

$200.00 $195.00 $190.00 Oct-12

Nov-12

Dec-12

Oct-12

Nov-12

Dec-12

Info from ARMLS from October 1st, 2012 - December 31st, 2012.

Want to know what your home is worth?

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PRESENTED BY GAYLE HENDERSON, PC JANUARY 2013

$210.00 $205.00

Oct-12

REAL ESTATE MARKET UPDATE

We wanted to say thank you again for everything you did. From day #1 of speaking to you via phone, we knew without a doubt that you would do everything in your power to sell our home. Your knowledge and hard work sold our home faster than we could have hoped.

Gayle Henderson, PC

List Status Active Active Active Active Active

REALTOR® ABR, CDPE, CIAS, CLHMS, CRS, e-PRO, GRI

HOMES CURRENTLY PENDING OR UNDER CONTRACT/TAKING BACKUPS (UCB)

RE/MAX Excalibur Realty

Status Pending Pending Pending Pending UCB

602.850.4335

Gayle@TerravitaHomes Sale.com

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TERRAVITAHOMES SALE.COM

Happy New Year! What will the real estate market in Terravita look like in 2013? And how did 2012 compare to 2011?, are questions that dominate many conversations in our neighborhood. Real Estate is hyper-local and data about sales in Terravita is very relevant to homeowners, deciding if this is the year to move. 2012 did bring 25% more closings than last year (75 in 2011 and 102 in 2012); a good indicator that consumer confidence is returning. A 10% annual turnover of home sales indicates a balanced market. With approximately 1,300

For more information on any of these listings, call Gayle at 602.850.4335.

HOMES LISTED IN THE LAST 30 DAYS (OF 28 TOTAL ACTIVE LISTINGS)

- Denise and Ron

The holiday decorations have been put away, thank you notes sent, families reassembled after their vacations, school is back in session, and our attention turns to what 2013 will bring.

Terravita

REAL ESTATE ASSET UPDATE

homes, 102 sales in 2012 is a positive market indicator. Dollar per square foot in sales price (which is only one barometer, and yet one very important to Buyers) increased by $10.00 per square foot year over year from $197 to $207. The average sales price increased from $425,000/2011 to $460,000/2012, reflecting an 8% appreciation, slightly better than expected in a balanced market. The average square footage of homes sold year over year witnessed negligible difference. However, 4th Quarter 2012, the average sold price was $510,000 (2488 sq.ft.) up from $432,000 (2236 sq. ft.) in 2011. Some media reports show 20-25% increases in sales prices this past year, however, those statistics represent a broader valley wide production with a great deal of that increase fueled in prices under $200,000. Multiple offers in a matter of hours after a house went on the

market in the MLS was commonplace. At the opposite end of the price spectrum, we are beginning to see signs of recovery above $800,000. As expected, the upper end luxury homes have been slower to rebound. During the months of November through May, we see the majority of our sales occurring in North Scottsdale. Spending time to evaluate your 2013 goals now is critical if you think this is the year to sell.

Address 6935 E Thirsty Cactus Lane 6082 E Evening Glow Drive 7149 E Night Glow Circle 6646 E Evening Glow Drive 6360 E Dusty Coyote Circle

Model Caelum Not Available Not Available Nimbus/Ventis Sentis

Bedrooms 3 2 3 3 4

Bathrooms 2.0 2.0 3.0 3.5 3.5

Estimated Square Feet 2,303 1,993 2,444 3,205 3,730

Address Model Bedrooms Bathrooms Estimated Square Feet 7114 E Aloe Vera Drive Vallis 2 2.00 1,670 32764 N 71st Street Vallis 2 2.00 1,670 6711 E Soaring Eagle Way Vallis W Casita 3 3.00 1,905 34350 N 63rd Way Spiritus 4 4.50 3,324 33685 N 71st Way Not Available 2 2.00 2,084

List Price $374,900 $379,000 $429,000 $695,000 $350,000

List Price $439,000 $524,500 $565,000 $795,000 $875,000

List Date 12/13/12 12/10/12 12/13/12 12/01/12 12/11/12

List Date Under Contract Date 11/08/12 12/24/12 11/03/12 12/01/12 05/30/12 12/09/12 11/07/12 12/10/12 12/31/12

HOMES SOLD IN THE LAST 30 DAYS Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address Model Bedrooms Bathrooms 32923 N 70th Street Not Available 2 2.0 32932 N 69th Street Flora 2 2.0 33417 N 69th Place Not Available 2 2.0 6485 E Evening Glow Drive Nimbus 2 2.5 7064 E Eagle Feather Road Custom 2 2.0 6730 E Amber Sun Drive Stella 3 2.5 33933 N 66th Way Vaga 3 2.0 7156 E Thirsty Cactus Lane Stella 3 2.5 6337 E Dusty Coyote Circle Aura 3 2.5 6591 E Sleepy Owl Way Sol 2 2.0 6466 E Evening Glow Drive Ventus 3 2.5

Estimated Square Feet 1,609 1,632 1,955 2,493 2,455 2,361 1,908 2,358 3,188 1,955 3,196

List Price $329,000 $370,000 $345,000 $519,000 $435,000 $575,000 $389,900 $462,000 $700,000 $349,500 $679,000

List Date 11/17/12 09/30/12 08/28/12 10/10/12 11/16/12 09/30/12 01/01/12 09/28/12 09/10/12 06/05/12 03/05/12

Sold Price $329,000 $365,000 $345,000 $497,000 $425,000 $558,000 $375,000 $455,000 $700,000 $340,000 $635,000

Close Of Escrow Date 12/21/12 12/20/12 12/20/12 12/18/12 12/18/12 12/14/12 12/14/12 12/07/12 12/07/12 12/07/12 12/07/12

Gayle Henderson and RE/MAX Excalibur are not in any way affiliated with Terravita Owners Association, nor is this in any way an official advertisement or publication of Terravita. © 2013 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS between December 8th, 2012 to January 8th, 2013. Listings and sales may not be those of RE/MAX. Neither the Tucson Association of Realtors nor TARMLS guarantees the accuracy of this data, which may not reflect all of the real estate activity in the area. Each office independently owned and operated.

TERRAVITA MARKET ACTIVITY

Should you wish to explore your options about the current market with your short term and long term goals, I am here to help you come to the right decision for you and your family. Best regards, and I look forward to seeing you in the community.

When you need suggestions on any real estate need—from minor home improvements to full scale remodel, refinance resources, or thinking about selling your home, I am here and ready to help you out. I am only a call or a few blocks away in Terravita! Listed in the Past 30 Days

Currently Pending or Under Contract/Taking Backups

Sold in the Past 30 Days