DC Ranch homes for Sale - January 2012
There is encouraging news to share when looking at the recent DC Ranch Homes for sale numbers for December 2011. DC Ranch had 18 homes sell with the majority being single family or patio homes and only one DC Ranch Townhomes and Condos sold during this month. DC Ranch holds tight to its reputation to lead the pricing uptrend with prices up month after month and year after year. This trend is expected to continue.
As a buyer hoping to purchase at the bottom price in DC Ranch, this time has been unfortunately missed. This unique opportunity presented itself when purchasing in 2008 or 2009, with the average price in DC Ranch at the mid $220/sq.ft.
Breakdown currently compared to previous year:
December 2011: 18 total sold at an average of $263.59/sq.ft.
DC Ranch homes sold: 17 averaging $270.67/sq.ft
DC Ranch town homes and condos sold: 1 average of $143.30/sq.ft.
December 2010: 19 total sold at an average of $250.07/sq.ft.
DC Ranch homes sold: 15 averaging $272.23
DC Ranch town homes and condos sold: 4 averaging $166.98/sq.ft.
Commentary:
Currently, DC Ranch has 113 homes on the market with the majority in the upper end of the market including DC Ranch Country Club and Silverleaf Homes for Sale. There are 9 DC Ranch Short Sales and Foreclosures, this number being considerably low when considering it was once 4 times this on the market in years past. DC Ranch Homes for sale has 33 homes pending or under contract.
The data in this article is straight from the AZ MLS and not inaccurate as data read from marketing companies such as Zillow and Realty Trac. The DC Ranch real estate market continues to improve and is appearing very healthy. This comes to no surprise as DC Ranch homes is one of the most desired communities for those searching North Scottsdale homes.
Interested in selling your DC Ranch home? Search into how The Sibbach Team markets DC Ranch Homes for Sale
DC Ranch homes for Sale
