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Seville Golf and Country Club Market Report **October 2007**

Seville Golf and Country Club had a solid October for sales volume with 11 homes sold. The sales price/sq.ft. has reduced to $155. Presently there are 5 homes pending and we are heading into holiday season that usually is slower. If you are planning on selling now is better than later. Economist Stephen Levy feels the market will continue to decline for a while. "Housing could take two, three or four years to recover, depending on how fast the prices adjust," says Stephen Levy, director of the Center for the Continuing Study of the California Economy

If you would like any additional information on Seville Country Club or any other community in the Phoenix area regarding existing listings or property management please don't hesitate to contact me. Click on the Logo to see much more information.

Property Type: Residential Status: Sold

Subject
Property

#ML#COE DateAddressBuiltFe CodeSqFtList PriceLP/ SFSale PriceSP/ SFADOMCDOM
1 2753684 10/30/2007 3306 E Powell CT Gilbert 2001 32R2G 1500 $224,500 $150 $218,000 $145 150 150
2 2790654 10/31/2007 6637 S Cartier DR Gilbert 2004 32RD2G 1665 $245,000 $147 $235,000 $141 119 119
3 2721337 10/19/2007 3803 E FLOWER CT Gilbert 2005 32.5FRDO2G 2135 $249,900 $117 $233,000 $109 161 157
4 2819454 10/05/2007 3690 E Janelle WAY Gilbert 2003 43FRDO2G 2158 $268,000 $124 $268,000 $124 37 37
5 2821441 10/23/2007 3743 E JANELLE CT Gilbert 2004 43FRDSLO3G 2339 $310,000 $133 $300,000 $128 54 71
6 2820154 10/31/2007 3294 E ISAIAH CT Gilbert 2007 42RO2G 2063 $314,103 $152 $316,553 $153 47 47
7 2771953 10/15/2007 3274 E ISAIAH CT Gilbert 2007 43FRNO3G 2418 $314,775 $130 $312,275 $129 17 17
8 2840388 10/11/2007 3894 E ANDRE AVE Gilbert 2005 42FRP3G 2035 $334,900 $165 $323,000 $159 9 9
9 2733325 10/17/2007 7026 S FOREST AVE Gilbert 2005 32RPO3G 2035 $390,000 $192 $352,000 $173 169 169
10 2768237 10/12/2007 6994 S Forest AVE Gilbert 2005 33FRPO3G 2606 $420,000 $161 $410,000 $157 126 126
11 2795631 10/18/2007 6550 S DELMAR PL Gilbert 2006 53.5FRDXPSO3G 3683 $899,900 $244 $870,000 $236 63 151
Average 2,239$361,007 $348,893 8796
Number of Properties: 11
( Average SalePrice / Average SqFt ) : ( 348893 / 2239 ) = $ 155.83
Posted Tuesday Nov 06

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