2017
ANNUAL
y r u x Lu
REPORT PREPARED BY:
Monson Luxury Group Russ Lyon | Sotheby’s International Realty 20909 N. 90th Place, Suite 209 | Scottsdale | AZ | 85255
MonsonLuxuryGroup.com
MonsonLuxuryGroup.com
FROM THE
Editor
Dear Clients, Friends and Colleagues, Welcome to 2018! Monson Luxury Group is excited to start the new year off with great momentum and a positive economic outlook. 2017 ended a strong year and the market in Scottsdale, Paradise Valley, Phoenix and other luxury areas in the Valley are normalizing and in many locations moving toward a Seller’s market. We thought that year-over-year comparisons would be helpful in understanding the real estate market changes from 2016 to 2017 so we have included some of Scottsdale’s top communities in this Annual Luxury Report. We hope you find it a useful tool to guage shifts in price, days on market, and price per SF in each community. We also offer custom reporting for Paradise Valley, Phoenix and other cities and communities throughout the Valley or tailored specifically to your community or need. Just give us a jingle, email or social media message and we’ll send it to you in a jiffy. As always, it is our pleasure serving you and being your top resource for luxury real estate news and information! Yours in real estate,
NEW TO
MARKET!
CHAPPARAL & SCOTTSDALE Scottsdale
3,750
4
2
4.5
SQUARE FEET
CAR GARAGE
4811 N. 68th Place, Scottsdale
BEDROOMS
BATHS
OFFERED at $1,495,000
LAS PIEDRAS Scottsdale
3,984
4
3
4.5
SQUARE FEET
CAR GARAGE
7557 E. Camino Salida Del Sol, Scottsdale
BEDROOMS
BATHS
OFFERED at $1,085,000
MonsonLuxuryGroup.com
SILVERLEAF Scottsdale
Incredible opportunity in The Parks at Silverleaf, this custom Formal Mediterranean Residence exudes fine interior finishes and elegant outdoor spaces.
SILVERLEAF Scottsdale
One of Silverleaf’s finest residences, this custom home is perched above the 8th fairway with exceptional views, interiors, wine cellar, guest house, and more.
6,309
5
15,010
6
3
5.5
7
11
SQUARE FEET
BEDROOMS
CAR GARAGE
20044 N. 101st Way | Lot 1110
BATHS
OFFERED at $3,295,000
SIERRA HILLS Scottsdale
One of Scottsdale’s finest custom residences, this home offers an entertainer’s lower level with theater, game room, guest suite and outdoor sport court.
SQUARE FEET
BEDROOMS
CAR GARAGE
BATHS
OFFERED at $9,995,000
10355 E. Robs Camp Road | Lot 1474
THE OVERLOOK Phoenix
Perched overlooking downtown Phoenix just west of Tatum and Lincoln sits this unique contemporary residence with private elevator and guest level.
9,810
6
7,896
4
4
7.5
7
6
SQUARE FEET
BEDROOMS
CAR GARAGE
13766 E. Gary Road
MonsonLuxuryGroup.com
BATHS
OFFERED at $2,995,000
SQUARE FEET
BEDROOMS
CAR GARAGE
6525 N. 37th Street
BATHS
OFFERED at $3,995,000
OUR TOP
AGENTS
Monson Luxury Group at Russ Lyon | Sotheby’s International Realty specializes in serving clients who want a higher level of real estate expertise when buying and selling homes. We are fluent in luxury lifestyles, golf communities and unique properties while understanding the wants, needs and desires of our clients. We are proud to be International leaders in luxury real estate, are recognized by our peers and proven by our performance. We look forward to serving you in 2018.
“ Working with Monson Luury Group at Russ Lyon Sotheby’s Internationanl Realty has been a pleasure. Their marketing reach combined with their buyer expertise is unmatched in the industry today.” AM
MONICA MONSON
founder REALTOR®, ASSOCIATE BROKER, CLHMS Monica is an Internationally recognized leader in luxury home marketing and sales. Her expertise in strategic marketing and client relations has helped catapult Monson Luxury Group as one of the top producing real estate groups in Arizona. DIRECT EMAIL
480.250.0848 monica@monsonluxurygroup.com
BARRY VAN PATTEN
GINGER VAN PATTEN
REALTOR®, ABR
REALTOR®
An Arizona native, Barry has been serving luxury buyers and sellers in Arizona for more than 12 years. His background in the health and fitness business has been a great foundation for helping buyers find the perfect fit for busy, active lifestyles.
Passionate about Arizona’s desert lifestyles, Ginger’s energy is contageous as she assists buyers and sellers through the real estate process. Focused on communication and client relations, with 25 yrs in management, Ginger is committed to a smooth real estate experience.
DIRECT EMAIL
480.202.2413 barry.vanpatten@russlyon.com
DIRECT EMAIL
602.625.6455 ginger.vanpatten@russlyon.com
MonsonLuxuryGroup.com
YEAR-OVER-YEAR COMPARISON Silverleaf 2016
2017
43
39
$3,424,117
$2,951,731
$550.71
$487.19
SALE TO LIST $
95%
93%
AVG DAYS ON MARKET
259
237
HOMES SOLD AVG SALES PRICE AVG $ PER SF
DC Ranch Country Club 2016
2017
91
107
$1,114,472
$1,192,554
$295.05
$301.06
SALE TO LIST $
96%
96%
AVG DAYS ON MARKET
145
138
HOMES SOLD AVG SALES PRICE AVG $ PER SF
Desert Highlands 2016
2017
20
30
$1,396,950
$1,475,693
$310.89
$316.02
SALE TO LIST $
94%
94%
AVG DAYS ON MARKET
237
255
HOMES SOLD AVG SALES PRICE AVG $ PER SF
MonsonLuxuryGroup.com
2016 TO 2017
2016
HOMES SOLD
Estancia
2017
8
16
$2,573,750
$2,390,522
$498.52
$446.74
SALE TO LIST $
93%
90%
AVG DAYS ON MARKET
300
410
AVG SALES PRICE AVG $ PER SF
Mirabel Club 2016
2017
13
13
$1,704,154
$1,828,106
$369.67
$407.95
SALE TO LIST $
92%
96%
AVG DAYS ON MARKET
184
91
HOMES SOLD AVG SALES PRICE AVG $ PER SF
Desert Mountain
2016
2017
106
102
$1,571,786
$1,696,819
$332.93
$349.60
SALE TO LIST $
94%
93%
AVG DAYS ON MARKET
299
322
HOMES SOLD AVG SALES PRICE AVG $ PER SF
MonsonLuxuryGroup.com
YEAR-OVER-YEAR COMPARISON 2016
HOMES SOLD
Whisper Rock
2017
7
9
$3,424,117
$2,164,778
$330.33
$349.03
SALE TO LIST $
89%
89%
AVG DAYS ON MARKET
319
229
AVG SALES PRICE AVG $ PER SF
Pinnacle Canyon 2016
2017
8
13
$1,078,000
$1,023,381
$255.08
$277.69
SALE TO LIST $
95%
95%
AVG DAYS ON MARKET
219
192
HOMES SOLD AVG SALES PRICE AVG $ PER SF
Candlewood Estates 2016
2017
11
22
AVG SALES PRICE
$842,182
$893,591
AVG $ PER SF
$233.69
$230.91
SALE TO LIST $
97%
96%
AVG DAYS ON MARKET
172
175
HOMES SOLD
MonsonLuxuryGroup.com
2016 TO 2017
2016
HOMES SOLD
Grayhawk
2017
118
112
AVG SALES PRICE
$675,283
$695,860
AVG $ PER SF
$236.83
$248.13
SALE TO LIST $
97%
97%
AVG DAYS ON MARKET
144
135
Windgate Ranch 2016
2017
31
42
$1,031,873
$1,054,259
$304.02
$294.86
SALE TO LIST $
95%
96%
AVG DAYS ON MARKET
133
133
HOMES SOLD AVG SALES PRICE AVG $ PER SF
Windy Walk at Troon 2016
2017
5
14
$1,791,000
$1,118,286
$362.10
$298.69
SALE TO LIST $
93%
94%
AVG DAYS ON MARKET
147
228
HOMES SOLD AVG SALES PRICE AVG $ PER SF
MonsonLuxuryGroup.com
ESTANCIA Scottsdale
A great value in Estancia Club, this custom residence offers spacious bedroom suites, private theater, views of Pinnacle Peak and so much more.
MIRABEL CLUB Scottsdale
Perched above the 7th fairway, this custom residence exudes a modern interpretation of the communities Southwest style with indoor/outdoor living.
6,195
5
5,588
5
3
7
5
5.5
SQUARE FEET
BEDROOMS
CAR GARAGE
28134 N. 96th Place
BATHS
OFFERED at $2,395,000
SQUARE FEET
BEDROOMS
CAR GARAGE
10970 E. Wildcat Hill Drive
BATHS
OFFERED at $1,829,000
PENDING SALE
TALUS AT TROON NORTH Scottsdale
Privacy and views abound in this Mediterranean designed home with front courtyard and spacious outdoors overlooking the desert beyond.
SILVERLEAF Scottsdale
Located in The Parks at Silverleaf, this turn-key residence offers a one-level main floorplan with upstairs bonus room and incredible backyard.
5,026
4
3,796
3
3
4.5
2
4.5
SQUARE FEET
BEDROOMS
CAR GARAGE
10822 E. Troon North Drive
MonsonLuxuryGroup.com
BATHS
OFFERED at $1,650,000
SQUARE FEET
BEDROOMS
CAR GARAGE
10092 E. Flathorn Drive, Lot 13333
BATHS
OFFERED at $1,495,000
WHAT IS LUXURY? a luxury lifestyle IT’S ALL IN HOW YOU CHOOSE TO LIVE People often wonder about the meaning of
If shopping, dining and nightlife are among
ranches. We are known for our equestrian
luxury. Many think it is only reserved for the
your favorite things to do, Arizona’s condos
history and offer the luxury of many options
uber wealthy or that luxury is something that
and highrise living is within walking distance
and amenities to choose from.
they can’t obtain. Luxury is the feeling you get
to top spots and urban centers making it ultra
from being comfortable and finding pleasure
convenient to live the city life. A luxury some
Whether you’re seeking a laid back feel, active
out of the ordinary. It’s pretty simple, in fact,
locations around the globe don’t offer.
family neighborhood, large estate property
and is a choice in how you choose to live.
or urban city life, Arizona’s choices for luxury When life is all about family and kids, one of
lifestyles are sure hard to beat.
Arizona is known for luxurious lifestyles
the areas master planned communities might
and they come in all shapes, sizes and price
be the ultimate luxury. Designed for people of
Ready to find your next luxury lifestyle?
ranges. There’s truly something luxurious for
all ages, these master planned communities
Contact one of our top agents for the latest
everyone.
offer community centers with pools, fitness
marketing information about what is available
facilities and ongoing monthly activities
that meets your needs. We are happy to share
Single family homes, villa residences and
that bring neighbors together allowing an
our expertise so you can make the most
condos, both big and small, are situated
immersive family-focused experience.
informed decision and investment.
offering miles of hiking trails, a plethora of golf
Dream about the wild west? Arizona is home
We look forward to hearing from you!
courses, tennis and biking paths. To those who
to many properties that are perfect for the
enjoy the outdoors and being active, owning a
amateur or professional equestrian ranging
home in one of these communities is a luxury.
from ranchettes to full service working horse
among golf communities and mountain ranges
MonsonLuxuryGroup.com
2017
MLG SALES
We are believers in good old fashioned hard work and our hard work in 2017 has helped us sell over 20 homes for more $37 million in residential sales. We had the pleasure of assisting clients in all prices ranges with several sales over $2 million. We are excited about the possibilities for 2018 as we continue to further develop our client offerings with our luxury home marketing program and buyer services. We look forward to continue our hard work into the new year!
“ I can’t imagine there being a better team of real estate professionals in the Valley...they invested in a relationship-based arrangement with us during a difficult time and found innovative ways to get the job done..” DM
silverleaf 19042 N. 102nd Street, Scottsdale
Seller
$4,926,500
pine canyon 1758 E. Elysian Court, Flagstaff
Seller
$962,835
paradise valley 7027 E. Sunnyvale Road, Paradise Valley
Seller
$3,600,000
windgate ranch 18442 N. 97th Way, Scottsdale
Buyer
$858,450
il segreto 2100 E. Missouri Avenue, Phoenix
Seller
$3,200,000
cactus corridor - tierra de los arcos 12402 N. 102nd Street
Seller
$880,000
serenity at grayhawk 21517 N. 81st Street, Scottsdale
Seller
$2,813,000
windy walk estates 10756 E. Yearling Drive, #43, Scottsdale
Seller
$775,000
lincoln heights 6501 N. 40th Place, Paradise Valley
Seller
$2,750,000
palmcroft 934 W. Coronado Road
Buyer
$515,000
sonoran highlands 24200 N. Alma School Drive, #53, Scottsdale
Seller/Buyer
$2,450,000
tapestry 4729 E. Hearn Road
Buyer
$510,000
dc ranch country club 9290 E. Thompson Peak Parkway #120, Scottsdale Seller
$2,250,000
ironwood village 9177 E. Nittany Drive, Scottsdale
Seller
$439,000
desert highands 10040 E. Happy Valley Road #504, Scottsdale
Buyer
$2,030,000
terravita 7152 E. Canyon Wren Circle, Scottsdale
Seller
$398,000
portales del sol 7647 E. Poinsettia Drive, Scottsdale
Seller
$1,800,000
la contessa 11011 N. 92nd Street #1093, Scottsdale
Seller
$208,000
chateau on central 2017 N. 1st Avenue, Phoenix
Seller/Buyer
$1,250,000
sonoran estates II at mcdowell mountain ranch 11368 E. Winchcomb Drive, Scottsdale
Seller
$1,229,000
MonsonLuxuryGroup.com
For more information about Monson Luxury Group’s past sales, visit us online at MonsonLuxuryGroup.com.
TREVISO Scottsdale
Located on a private lot backing a natural wash, this like-new home offers an open floor plan, warm interiors and a large backyard with pool and views.
ARROYO CANYON/SONORAN HILLS Scottsdale
Designed for entertaining, this residence greets you with a front courtyard, split floor plan, and spacious rooms on a very private lot.
4,630
4
4,023
4
3
4.5
3
3.5
SQUARE FEET
BEDROOMS
CAR GARAGE
BATHS
36706 N. Vasari Drive
OFFERED at $1,169,000
WINDY WALK AT TROON Scottsdale
This Windy Walk gem was remodeled and is perfect for part-time or full time residency with two master suites, an office and guest suite close to Troon Golf Club.
SQUARE FEET
BEDROOMS
CAR GARAGE
22883 N. 79th Place
BATHS
OFFERED at $1,099,000
TRAMONTO Phoenix
Incredible opportunity in The Parks at Silverleaf, this custom Formal Mediterranean Residence exudes fine interior finishes and elegant outdoor spaces.
3,554
3
3,380
4
3
4
3
3
SQUARE FEET
BEDROOMS
CAR GARAGE
25770 N. 106th Way
BATHS
OFFERED at $895,000
SQUARE FEET
BEDROOMS
CAR GARAGE
3018 E. Donatallo Drive
BATHS
OFFERED at $365,000
MonsonLuxuryGroup.com
YOUR PARTNERS for LUXURIOUS LIFESTYLES
Contact Us FOR MORE INFO
480.420.4LUX MonsonLuxuryGroup.com