Arrowhead Lakes Real Estate Market & New Listings Update – June 2013

There were a total of 10 active listings on the market in Arrowhead Lakes with an average price of $435,620.

There was a total of 8 new listings in Arrowhead Lakes entering the market in the month of June. The average price for new listings this month was $442,350.

There were 7 properties SOLD in Arrowhead Lakes during the month of June. The average price for the homes that were sold this month was $413,471 and there was an average of 73 days on the market. The sales-to-list price ratio was 97%.

With these numbers in mind, there is approximately 1.43 months’ worth of inventory in Arrowhead Lakes.

Please feel free to contact me if you have any questions regarding this Arrowhead Lakes Market Update or if you want me to provide a Market Update specific to your neighborhood.

Mountain Ridge High School Area Homes For Sale

There are currently 154 single family homes for sale that are located near Mountain Ridge High School.

Price Range
The listings near Mountain Ridge High School range in price from $120,000 for a 2 bedroom, 1049 sq ft condo at 7101 W Beardsley Rd to $4,000,000 for a 8 bedroom, 12,303 square foot home located in Copper Creek Estates on W Artie Ave.

The average list price of a home in the Mountain Ridge High School area is $399,726.

Current Listings
There are 44 new listings on the market since June 24, 2013 in the Mountain Ridge area. There are 7 listings on the market that were listed prior to December 31, 2012.

Days On Market
The average days on market is 62.95 days and the median days on market is 36 days.

Number of Bedrooms in Current 154 Homes For Sale in the Mountain Ridge High School area
There are 0 zero (0) bedroom homes
There are 0 one (1) bedroom homes
There are 2 two (2) bedroom homes
There are 44 three (3) bedroom homes
There are 64 four (4) bedroom homes
There are 36 five (5) bedroom homes
There are 6 six (6) bedroom homes
There are 1 seven (7) bedroom homes
There is 1 eight (8) bedroom homes

Price Range of Current 6 Homes For Sale in the Mountain Ridge High School area
$0 – $100,000 – 0 homes
$ 100,000 – $200,000 – 12
$ 200,000 – $300,000 – 49
$ 300,000 – $400,000 – 57
$ 400,000 – $500,000 – 18
$ 500,000 – $600,000 – 6
$ 600,000 – $700,000 – 2
$ 700,000 – $800,000 – 2
$ 800,000 – $900,000 – 1
$ 900,000 – $1,000,000 – 2
>$ 1,000,000 – 5

Hillcrest Ranch Homes for Sale

As of July 3, 2013 there are currently 6 single family homes for sale in Hillcrest Ranch.

Price Range
The Hillcrest Ranch area listings range in price from $178,900 for a 3 bedroom, 1234 sq ft home at 6930 W Via Del Sol Dr to $329,000 for a 5 bedroom, 2887 square foot home at 7132 W Paraiso Dr.

The average list price of a Hillcrest Ranch area home is $263,617.

Current Listings
There are 5 new listings on the market since June 13, 2013 in Hillcrest Ranch. There are 0 listings on the market that were listed prior to December 31, 2012.

Days On Market
The average days on market is 14.33 days and the median days on market is 5 days.

Price Increases and Decreases
There have been 0 price increases and 2 price reductions on the 6 homes for sale. The reductions range from less than 2% to 8% with the average being 5%.

Number of Bedrooms in Current 6 Homes For Sale in Hillcrest Ranch
There are 0 zero (0) bedroom homes
There are 0 one (1) bedroom homes
There are 0 two (2) bedroom homes
There are 3 three (3) bedroom homes
There are 1 four (4) bedroom homes
There are 2 five (5) bedroom homes
There are 0 six (6) bedroom homes
There are 0 seven (7) bedroom homes
There is 0 eight (8) bedroom homes

Price Range of Current 6 Homes For Sale in Hillcrest Ranch

$ 100,000 – $200,000 – 2 homes
$ 200,000 – $300,000 – 3
$ 300,000 – $400,000 – 1
$ 400,000 – $500,000 – 0
$ 500,000 – $600,000 – 0
$ 600,000 – $700,000 – 0
$ 700,000 – $800,000 – 0
$ 800,000 – $900,000 – 0
$ 900,000 – $1,000,000 – 0
>$ 1,000,000 – 0

Water Conservation Tips for Glendale Homes

Since water conservation is always a top priority in the greater Phoenix area, I wanted to provide a few tips that can help reduce water usage by potentially thousands of gallons per month. Not only will that help the environment, but it will help cut down your water bill as well.

  • Water your lawn only when it needs it. Step on your grass. If it springs back when you lift your foot, it doesn’t need water. So set your sprinklers for more days in between watering. This will help save 750-1500 gallons per month.
  • Fix leaky faucets and plumbing joints. Saves 20 gallons per day for every leak stopped.
  • Don’t run the hose while washing your car. Use a bucket of water and a quick hose rinse at the end. Saves 150 gallons each time. For a two-car family that’s up to 1,200 gallons a month.
  • Install water saving shower heads or flow restrictors. This can save you 500 to 800 gallons per month.
  • Run only full loads in the washing machine and dishwasher. Saves 300-800 gallons per month.
  • Shorten your showers. Even a one or two minute reduction can save up to 700 gallons per month.
  • Use a broom instead of a hose to clean driveways and sidewalks. Saves 150 gallons or more each time.
  • Don’t water the sidewalks, driveway or gutter. Adjust your sprinklers so that water lands on your lawn or garden where it belongs. Saves 500 gallons per month.

I hope you find these tips useful and it helps to cut down on the amount of water used. If there are any real estate related questions I can answer, or if you are looking to buy or sell a house, please contact me either via phone or email.