LISA GROTH
210 N Pima Road #10 Scottsdale, AZ 852
REALTOR®
JULY 2022 REAL ESTATE MARKET REPORT
Each office independently owned and operated.
623.293.0172
TRAMONTO
Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com
For current market activity, community information, and more, visit:
PREPARED ESPECIALLY FOR
LEONARDO AND ANGELICA WASHINGTON
www.TramontoLifestyles.com MARKET. COMMUNICATE. NEGOTIATE. SOLD.
PRESENTED BY
LISA GROTH Modern Tramonto Living!
3314 W GALVIN STREET
OFFERED AT $599,900
MODERN OPEN CONCEPT
TRAMONTO BEAUTY
PROPERTY FEATURES • • •
3 Bedrooms 2.0 Bathrooms 2,102 Square Feet
ABOUT THE HOME Adorable home with three-car tandem garage. Well-appointed kitchen with large extended island. Beautiful hardwood floor in living room. Low maintenance backyard. North/south exposure.
Leonardo and Angelica, If you would like your home professionally marketed in my monthly publication, which is mailed to over 1,400 potential buyers, call me today at 623.293.0172.
LISA GROTH
Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Lisa Groth, your Tramonto real estate specialist. You will not be contacted with any other solicitation.
REALTOR® | RE/MAX Fine Properties
623.293.0172 Lgrmxprofessionals@gmail.com www.TramontoLifestyles.com Connect with me on:
For current market activity, community information, and more, visit:
Visit: www.TramontoLifestyles.com
www.TramontoLifestyles.com
HOMES CURRENTLY LISTED IN TRAMONTO Status
Bedrooms
Total Baths
Approximate Square Feet*
List Price
List Date
Active
4
3.0
2,500
$599,900
05/28/22
Active Active Active
3 3 4
2.0 2.0 2.0
2,100 1,900 2,200
$599,900 $610,000 $624,900
05/08/22 03/05/22 05/16/22
Active Active Active Active Active
4 4 5 4 4
2.5 3.5 3.5 3.5 3.5
2,900 3,900 4,200 4,000 4,400
$659,900 $725,000 $749,900 $900,000 $950,000
04/02/22 06/03/22 05/24/22 06/02/22 06/03/22
HOW WILL
RISING RATES
AFFECT YOUR SALE?
Mortgage rates are rising and have already increased over two percent so far this year, resulting in buyers questioning whether to rush into a purchase now to avoid rates climbing more or waiting in hopes they will fall. With these sudden changes, it’s natural to reflect on how this will impact your own sale.
WHAT ARE
HOMES ACCEPTING BACKUP OFFERS IN TRAMONTO
EXPERTS
There are 2 homes currently accepting backup offers in Tramonto.
They include 3 to 4 bedrooms with 2.0 bathrooms, range in size from 2,100 to 2,400 approximate square feet*, and are priced from $595,000 to $629,900. For more information on these listings, call me at 623.293.0172.
HOMES PENDING IN TRAMONTO
There are 5 homes currently pending in Tramonto. They include 2 to 5 bedrooms with 2.0 to 3.0 bathrooms, range in size from 1,400 to 2,500 approximate square feet*, and are priced from $460,000 to $649,999. For more information on these listings, call me at 623.293.0172.
HOMES SOLD IN THE LAST 30 DAYS IN TRAMONTO Total Bedrooms Baths
Status
Address
Sold
2615 Sat Nam Way
3
Sold Sold Sold Sold Sold Sold Sold Sold Sold
3117 Espartero Way 3433 Languid Lane 35727 31st Avenue 2537 Via Perugia 2714 Via Calabria 3046 Darien Way 34711 23rd Drive 2519 Old Paint Trail 3017 Trapanotto Road
4 4 5 5 4 3 4 3 5
Approximate Square Feet*
List Price
List Date
Sold Price
Sold Date
2.5
1,500
$435,000
04/28/22
$475,000
05/31/22
3.0 2.0 3.0 4.5 3.5 2.5 3.0 2.5 3.5
3,200 2,400 3,200 4,000 3,400 1,500 2,000 1,600 3,900
$620,000 $569,900 $645,000 $875,000 $680,000 $453,000 $614,900 $475,000 $649,000
04/04/22 04/11/22 04/07/22 03/23/22 03/23/22 04/13/22 04/15/22 04/08/22 04/09/22
$614,627 $562,400 $638,000 $867,000 $680,000 $465,000 $614,900 $520,000 $655,000
05/31/22 05/27/22 05/27/22 05/27/22 05/26/22 05/20/22 05/19/22 05/10/22 05/10/22
Lisa Groth and RE/MAX Fine Properties are not in any way affiliated with Tramonto Owners Association, nor is this in any way an official advertisement or publication of Tramonto. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the ARMLS as of June 6th, 2022. Listings and sales may not be those of RE/MAX Fine Properties. ARMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Approximate square feet rounded to the nearest hundred.
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022
SAYING?
INTEREST RATES ARE STILL HISTORICALLY LOW
WHAT HAPPENS IF RATES CLIMB FURTHER?
While buyers contemplate their options, it’s important to think about historical context. Rates are still comparatively low when you look at the bigger picture of where rates have been in the last 30 years. Today’s rates still give buyers a window of opportunity to lock in historical rates.
Buyers who are springing into action now are also motivated as they know rates have risen steadily this year, and they’re eager to get ahead of further increases. When rates climb, they impact mortgage payments, likely costing more to purchase if buyers wait.
As inflationary pressure remains, it’s likely to push mortgage rates even higher in the coming months, though moderately. Experts recommend that if buyers are financially secure, they should continue looking for a home now.
Leonardo and Angelica, Take advantage of the still historic interest rates; NOW is the time to sell and find your next dream home! When rates go up, your buying power decreases, and you will end up paying MORE for your next home. Call me at 623.293.0172, and let me help you achieve your real estate goals!