About Phoenix's Sonoran Foothills

Buyers are coming out of the woodwork! Literally. There's been a surge in home buyers since 2012 started. Every buyer I'm helping is looking for a model perfect, move in ready home...whether they're a first time buyer, looking for their winter home or relocating -no one wants a fixer upper. That fact coupled with low interest rates and a historically low housing inventory means the bidding wars have begun. When a turn key home hits the market under $200,000, buyers are scrambling to get there first - many times there will be up to 15 offers or more by the end of the day. It's common to see comments in listings such as 'Seller will review all offers on xyz date. Bring your highest and best offer.'

At an industry meeting I attended last week, we learned that last month Maricopa County has just over 11,000 single family detached homes listed on the market - about 2 months worth of inventory. A normal market has about 6 months of inventory or three times that amount!

What do Sonoran Foothills home sales look like today?
* 43 homes are actively listed for sale or pending sale
* As of 2/12/2012, 11 homes have sold and the overall ave dollar per sq ft is $94/sq ft compared to $91/sf overall in 2011.

For a year to year comparison from 2005 through 2011 and a value overview of Sonoran Foothills Homes, visit The Truth about Sonoran Foothills Home Values in Phoenix, Arizona 85085

Keep in mind that there are a variety of home builders with varying ranges of home prices from affordable to semi-custom luxury homes throughout Sonoran Foothills. This is an overall snapshot of the Sonoran Foothills community. Based on the home sales over the past year, we're actually seeing a slight increase in sales prices. This is not happening throughout the entire valley! This is a growing, thriving area with companies like W.L. Gore opening one of their main campuses right here in our community. I'm helping several employees relocate to the area. They're actually still expanding the campus and some of the employees who have already relocated are working out of a temporary office on Happy Valley until 2015, so there's much growth to be had as more and more employees are relocated.

If you have questions about your specific subdivision or home value in Sonoran Foothills, please feel free to contact me. I'm happy to do a detailed analysis for you. Visit www.SonoranFoothillsCommunity.com for local events, jobs, real estate and more!

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Data pulled is as accurate as the listing agent entered it.

The Truth about Sonoran Foothills Home Values in Phoenix, Arizona 85085

As a resident of Sonoran Foothills since 2005, I've closely watched the housing values of our neighborhood to see how it compares to the national stats as well as our valleywide stats. Since Phoenix is extremely subdivision oriented, each community has it's own unique qualities and value driven indicators.

Sonoran Foothills arose during the height of the economic boom and therefore took a massive hit initially. The decline will appear to be more than in some areas of the valley simply because the values were ballooned to a level they were never meant to be, due to the fact Sonoran Foothills was built at the height of the boom. The neighborhood has been resetting itself since 2009 as more and more original homeowners have sold their homes through short sale, trustee sale (foreclosure) and even some traditional sales!

As we've seen our neighborhood turn over with new neighbors, the values have held steady for the past year now. Below are links to annual sales summaries from 2005 through 2011. You'll notice the Average Dollar per Sq Ft of homes sold from 2009 to 2011 remains tight in comparison to the large dips seen from 2005 to 2009.

* 2011 - $90/sq ft.
* 2010 - $91/sq ft
* 2009 - $94/sq ft
* 2008 - $114/sq ft
* 2007 - $171/sq ft
* 2006 - $170/sq ft
* 2005 - $171/sq ft

Keep in mind that these are homes in Sonoran Foothills that were sold through the MLS. These stats do NOT include trustee sales and some of the new builds that builders sold outside of the MLS at the higher range of the $/sq ft. The MLS provides a good birds eye representation of how values are doing.

They DO include investor-bought properties at trustee sales where they cleaned up the home and often enhanced the features and resold it as a move-in ready, upgraded home. We're seeing quite a few of these 'fix-and-flips' in 2011. Contrary to some opinions, it's not a bad thing. The majority of buyers I work with do not want to look at fixer upper homes because they either can't afford it or they're beyond those years in their life and want a nice, move-in ready home. Those investors brought these buyers into our neighborhood by selling these exact homes with enhanced features for higher prices than a bank-owned house would sell for.

What the Future Holds for Sonoran Foothills Home Values

Sonoran Foothills arose is the midst of the real estate bubble. What does this mean? Values were never meant to be that high and history tells us, they will never be that high again during our lifetime. The facts and history shows us that the realistic value of your home is likely going to be between $100-$120 per square foot within the next 5-10 years. Again, many factors (some unforeseen!) affect our home values, and each builder in Sonoran Foothills has a different product from entry level to semi-custom, so KEEP THAT IN MIND.

*** I can provide you a with a custom value assessment of your subdivision by builder. Just send an email request to Kelli Grant. ***

Sonoran Foothills is in a new, thriving area. Location is on our side. With the addition of W.L. Gore, we will undoubtedly continue to see positive growth. I am already working with employees looking in Sonoran Foothills who are being relocated from other states to work at the new campus which I've been told will initially employ over 800 people. Guess where they want to live? You got it, close to work!

I've also had an increased number of Canadian buyers looking in our neighborhood. We have the perfect location: beautiful Sonoran Desert views, hiking trails, new shopping and dining, and easy access to downtown Phoenix for sporting events or nearby golf courses. Feel good about our growing, magnificent community in Sonoran Foothills! Now we just need a Whole Foods or Trader Joes!

Each subdivision and builder within Sonoran Foothills has varying value analysis, so if you have a question about your specific builder's neighborhood or your home value, just let me know. As always, call me with questions. I'm here to help!

Get detailed information about each builder and what is actively for sale in every subdivision in Sonoran Foothills.

See the Sonoran Foothills Community Calender, Area Events and Find a Job at www.SonoranFoothillsCommunity.com.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Data pulled is as accurate as the listing agent entered it.

Sonoran Foothills Community in Deer Valley School District Phoenix, Arizona 85085

Sonoran Foothills Community is located south of Carefree Highway east of I-17 freeway. The 85085 zip code is growing with residents, shopping, dining, and entertainment. Located in northwest Phoenix just south of Anthem, you will find beautiful mountain views and hiking trails throughout.

The Sonoran Foothills Community Center hosts several events and activities for the residents. This week, there is a Chili Cook Off for the adults, there was a Pumpkin Patch for the kids in October, and soon Santa and snow ridden hills will host a holiday party for the residents of Sonoran Foothills Community.

Sonoran Foothills Communuity is host to seven prestigious builders among twelve communities within Sonoran Foothills Masterplan, some which are gated.

William Lyon Homes
Desert Crown
Desert Sierra (Courtyard Homes)

TW Lewis
Desert Springs
Desert Trails

Toll Bro
Desert Crest
Desert Canyon

Engle Homes
Desert Cove
Desert Crossings

Maracay
Desert Point
Desert Pass

Shea Homes
Desert Vista

Monterey Homes/Meritage Homes
Desert Enclave

Find a home in Sonoran Foothills Community, Deer Valley School District in Phoenix, Arizona 85085

The Masterplan of Sonoran Foothills Community can also be seen at www.SonoranFoothillsCommunity.com

The children of Sonoran Foothills Community attend one of the schools within the Deer Valley School District. According to SchoolDigger.com, Deer Valley School District received 4 out of 5 stars and is ranked 83rd of 418 school districts which is among the top 20%.

See amenities and events,

news, events & tips,

Local Merchants & Coupons,

Local Community Calendar of Sonoran Foothills and 85085 Area,

real estate for Sonoran Foothills Community, and

real estate for sale in Sonoran Foothills by Builder.

If you are a resident of Sonoran Foothills Community looking to sell your home or you are looking to buy a home in Sonoran Foothills Community, email the Sonoran Foothills Resident and Neighborhood Realtor Kelli Grant. Call or text 602-799-5420.

Sonoran Foothills is in the prestigious 85085 zip code off of Carefree Hwy and is growing. Don't miss out on the great home buys that can be found among this community featuring reputable builders such as T.W. Lewis, Toll Brothers, Maracay Homes, Monterey Homes, and William Lyon Homes ... to name a few!

Sonoran Foothills is located on 800 acres in the rising foothills of North Phoenix. The rich abundance of amenities include the 4000 square foot clubhouse and community park. There is a splash fountain, lap & leisure pool, children’s wading pool, shade ramadas, picnic pavilion, playground & sand lot and a big green grassy lawn for homeowner gatherings and activities.

Sports enthusiasts will love the basketball, soccer fields, volleyball and illuminated tennis courts. An elementary school is in the plan. And neighborhood pocket parks provide homeowners with nearby play areas. Sonoran Foothills is a connected community.

Public and private trail systems lacing through natural desert wash corridors lead to the nearby mountains. Improved trails and a system of meandering sidewalks connect neighborhoods to each other and to the recreational amenities at the center.

Proposed future development includes a neighborhood retail center and a commercial core. The community is planned to accommodate 4500 neighbors at completion and it is well on its way. Come and see Sonoran Foothills for yourself.

What's New Around Sonoran Foothills?

In 2007, W.L. Gore purchased 40 acres of land in north Phoenix for a new medical-devices campus. The company is currently in development of its property, sited near Interstate 17 and the Carefree Highway. Ultimately, Gore expects to hire 800 staff to work at the location.

The Shops at Norterra, located a few miles south of Sonoran Foothills off of Happy Valley/I-17, are continually opening new businesses. In 2010, Norterra is flourishing with: Buffalo Wild Wings, Charming Charlie, Blissful Yoga ....and many more! Want to see a movie? Norterra has Harkins Theatre with all digital projection and sound.

Happy Valley Towne Center is across the street from Norterra and offers many more shopping and dining options such as Wal-Mart, Famous Footwear, Ulta, Olive Garden, Red Robin, and more!

Anthem Outlets are a 5-10 min drive north of Sonoran Foothills for even more dining and shopping.

Cave Creek and Scottsdale are a short drive east on Carefree Hwy. Sonoran Foothills is the valley's up and coming neighborhood. Find Homes In Sonoran Foothills

Sonoran Foothills is in the prestigious 85085 zip code off of Carefree Hwy and is growing. Don't miss out on the great home buys that can be found among this community featuring reputable builders such as T.W. Lewis, Toll Brothers, Maracay Homes, Monterey Homes, and William Lyon Homes ... to name a few!

Sonoran Foothills is located on 800 acres in the rising foothills of North Phoenix. The rich abundance of amenities include the 4000 square foot clubhouse and community park. There is a splash fountain, lap & leisure pool, children’s wading pool, shade ramadas, picnic pavilion, playground & sand lot and a big green grassy lawn for homeowner gatherings and activities.

Sports enthusiasts will love the basketball, soccer fields, volleyball and illuminated tennis courts. An elementary school is in the plan. And neighborhood pocket parks provide homeowners with nearby play areas. Sonoran Foothills is a connected community.

Public and private trail systems lacing through natural desert wash corridors lead to the nearby mountains. Improved trails and a system of meandering sidewalks connect neighborhoods to each other and to the recreational amenities at the center.

Proposed future development includes a neighborhood retail center and a commercial core. The community is planned to accommodate 4500 neighbors at completion and it is well on its way. Come and see Sonoran Foothills for yourself.

What's New Around Sonoran Foothills?

In 2007, W.L. Gore purchased 40 acres of land in north Phoenix for a new medical-devices campus. The company is currently in development of its property, sited near Interstate 17 and the Carefree Highway. Ultimately, Gore expects to hire 800 staff to work at the location.

The Shops at Norterra, located a few miles south of Sonoran Foothills off of Happy Valley/I-17, are continually opening new businesses. In 2010, Norterra is flourishing with: Buffalo Wild Wings, Charming Charlie, Blissful Yoga ....and many more! Want to see a movie? Norterra has Harkins Theatre with all digital projection and sound.

Happy Valley Towne Center is across the street from Norterra and offers many more shopping and dining options such as Wal-Mart, Famous Footwear, Ulta, Olive Garden, Red Robin, and more!

Anthem Outlets are a 5-10 min drive north of Sonoran Foothills for even more dining and shopping.

Cave Creek and Scottsdale are a short drive east on Carefree Hwy. Sonoran Foothills is the valley's up and coming neighborhood. Find Homes In Sonoran Foothills