About Scottsdale's Silverleaf

Here are the final numbers for 2011 home sales in the Scottsdale Arizona zip code of 85255.

85255 is a larger zip code and can be found in North Scottsdale, just north of the top of Loop 101. It is home to many luxury communities including some of the top golf communities in the area, namely Troon Country Club, Desert Highlands, Grayhawk, DC Ranch and Silverleaf. There is a very broad range of homes and home types to choose from including "lock and leave" condos and townhomes, gated and non-gated subdivisions as well as custom homes and large estates. One of the other things unique to Scottsdale's 85255 is Pinnacle Peak, which is beautiful to look at and fun to hike.

You will find 85255's home sale activity for Q4 2011 below. The information was broken down into the three types of sales most frequently seen right now:

The three categories are defined as follows:
- Non-Distressed Sales - These are the "regular", "normal" or "traditional" home sales. Here, the seller and home buyer are the two principals in the transaction and agree on terms and price to result in a successful sale.
- Short Sales – You will see a short sale when an "underwater" homeowner plans to sell the home for less than the loan amount(s) owed on it. In many cases, there is more than one loan involved. In this case, the company or companies who loaned the money to purchase the home have to give the approval on the terms of the contract since they will be getting less than what is owed.
- Foreclosures - Foreclosures are just like what they sound like. They are homes that have been foreclosed upon and are now back with the lender. These are also called "Lender-Owned" homes, "REO'" homes or "Bank-Owned" homes.

Overall Findings for the Scottsdale Zip Code 85255 Home Sales Market for Q4 2011 - Data as of January 1, 2012

• Active Scottsdale 85255 Homes For Sale: Almost the entire inventory of homes for sale at the end of Q4 in 85255 were regular sales. Short sales (6%) and foreclosures (3%) made up the small remainder.
• 85255 Pending Homes for Sale: Regular homes dropped down a bit proportionally when looking at pending sales at the end of December. They came in at 60%. Conversely, we saw an increase in distressed homes in pending status. Short sales comprised 29% of the market and foreclosures came in at 11%.
• Q4 2011 Scottsdale 85255 Home Sales: The majority of homes sold in Q4 were regular sales (65%.) Short sale representation stayed strong with 20% of closed sales and foreclosures also picked up 15% of the market.
• 85255 Home Prices: For the first time since I have been tracking this information, lender-owned homes had the highest average sales price in comparison to the other two categories. And, for the first time average price per square foot for foreclosures was higher than short sales. As would be expected, regular sales had the highest average price per square foot.
• Cumulative Days on Market: We typically see the shortest average days on market with foreclosures as they tend to go under contract quickly. However, in Q4, regular sales had the shortest time on the market. As to be expected, short sales had the longest time on market at 241 days.
• Discounts Off of List Price: The average 5% discount off of distressed property prices is what we have been historically seeing. Buyers who purchased regular homes saw an average discount of 7%. This was closer to 10% previously, but has been creeping up.

Scottsdale Zip Code 85255 - Sales Data By Quarter for 2011
Here is a quarter by quarter 2011 snapshot for home sales by type in the 85255 zip code. If you compare Q4 to the entire year, you will see that the ratios have remained more or less static throughout with regular sales capturing about 60% of the market, short sales capturing about 25% of the market and foreclosures capturing about 15%.

If you would like to review this data for the City of Scottsdale AZ versus a single zip code, please visit these previous reports:

View Scottsdale Home Sales by Type Q3 2011
View Scottsdale Home Sales by Type Q2 2011
View Scottsdale Home Sales by Type Q1 2011
View Scottsdale Home Sales by Type for 2010
View Scottsdale Home Sales by Type for 2009

Originally posted on Live Better in Scottsdale

Disclaimer: Due to rounding issues, not all columns will add up to 100%. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 4/1/2011, 7/1/2011, 10/1/2011 and 1/1/2012 and can change at any time. The analysis looks at single-family resale homes for sale and sales in Scottsdale AZ zip code 85255 for Q4 2011 and for the year of 2011. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Information deemed reliable but not guaranteed.
Copyright © 2012 Heather Tawes Nelson

DC Ranch, Scottsdale, AZ Homes for Sale.... There are several communities within the 8,300 acre DC Ranch master planned community which range from the exclusive gated communities of The Country Club and Silverleaf, where you will find a unique collection of Villas with an intimate cottage feel with strategically located court yards and views of the massive cactus dotting the nearby McDowell Mountains. Other neighborhoods in the DC Ranch collection of communities include Desert Parks Village, Desert Camp Village, Market Street Village, and Country Club Village.

DC Ranch is rated one of the best private golf communities in Scottsdale. A private club with golf, swimming, tennis, and fitness center, educational classes and fine dining service its members. The Country Club at DC Ranch, situated in the Sonoran Desert, and is designed to blend into the environment and the natural desert surroundings. The Scott Miller designed and recently re-designed by PGA Tour professional and one time DC Ranch resident Tom Lehman, is a par-71, 6,872 yard golf course featuring four tees on each hole. You will find spectacular views when playing this golf course. A clubhouse membership is available which includes the use of swim and tennis facilities as well as dining. Use of the golf course is not included. Golf memberships are available for residents and non-residents of the DC Ranch Country Club community. Contact the DC Ranch Country Club direct at (480) 342-7246 for more information.

The Silverleaf Club & Spa offers with its own-hole golf course designed by Tom Weiskopf, also has a private full-service spa and a 50,000 square foot clubhouse. The two clubs offer DC Ranch and Silverleaf Scottsdale buyers facilities that are sure to stand up among the worlds finest.

DC Ranch also includes some of the most sophisticated homes in North Scottsdale set to blend in with the surrounding Sonoran Desert landscape and provide incredible city light and mountain views on multi acre home sites. The exclusive and newer Silverleaf neighborhood consist of homes with the highest elevation as these luxurious homes climb the base of the McDowell Mountains making Silverleaf homes for sale some of the most popular and sought after homes for sale in Scottsdale AZ among desert homes for sale buyers.

Real Estate for Sale in Dc Ranch, Scottsdale, AZ

There are currently 105 properties for sale in DC Ranch ranging in price from $134,900 to $24,500,000 consisting of no maintenance apartment and town home style to luxurious DC Ranch gated homes for sale, private Silverleaf homes for sale with a pool, DC Ranch/Silverleaf homes for sale with city light and scenic views, to golf course homes for sale.

Enjoy all the DC Ranch Scottsdale master planned community has to offer by taking a stroll on one of the nearly 33 miles of well landscape paths or enjoy some time in one of the neighborhood parks. Many acres of the master planned DC Ranch development have been set aside for natural open space and will remain undeveloped. In addition you will find quaint bistros, restaurants, watering holes, and a supermarket at The Market Place at DC Ranch which is an upscale shopping, dining, and office park anchored by the Safe Way store.

Copper Ridge School (K-8) located within the DC Ranch community is part of the Scottsdale Unified School District and houses the elementary and middle school, with shared use facilities on the single campus. A public park adjacent to the school will include soccer fields, baseball/softball fields, basketball, volleyball and tennis courts. DC Ranch falls within the boundaries of the Scottsdale Unified School District, also known as district #48 which would include Chaparral High School. Private education is nearby as well as Notre Dame Preparatory is located just a short drive south of the community.

Whatever your desired DC Ranch dwelling type may be from a quaint villa, a spacious single level home with great city light views, or a Scottsdale golf course home, we are happy to provide you with ail the information you will need to make your north Scottsdale and surrounding area home search easy and efficient. We are always happy to be of service and help when it comes to the home buying and selling process and we have many tools to help you locate the property that meets your specific criteria and price range as well get your house sold. Contact us or call Associate Broker Mike Bruen at (480) 382-9202 for your private tour of available DC Ranch homes for sale.

Houses for sale in Scottsdale, AZ at Silverleaf are among the most luxurious and exciting properties one could ever hope to own.

These homes are truly amazing with prices starting as low as $1,250,000. Perhaps one of the best features is the location; as these homes sit on the beautiful Silverleaf Golf Course. The views of this course along with the Camelback and McDowell Mountains will truly take your breath away. You will have your choice between playing a round on the meticulously kept course or heading over to the mountains for hiking, rock climbing, camping, and more.

In addition to the natural beauty surrounding the homes in Silverleaf, the Silverleaf Clubhouse offers a wonderful and vibrant center of the community. Amenities offered include a lap pool as well as spa facilities. In addition, the center also offers a multitude of classes including photography and foreign languages. While Silverleaf is somewhat isolated, offering its residents an amazing rural lifestyle, it doesn’t mean you are away from all the excitement as Scottsdale and its amazing amenities are a short drive away. In Scottsdale, you can enjoy shopping at the upscale Scottsdale Fashion Center or the southwester fun of Old Town Scottsdale.

Silverleaf is truly a paradise for you to enjoy so pay a visit today.

www.ZRealEstateGroupazAZ.com

Silverleaf Golf Community Homes For Sale in North Scottsdale - North Scottsdale Luxury Homes For Sale

Silverleaf Golf Community Homes For Sale In North Scottsdale – North Scottsdale Luxury Homes For Sale

We have not seen prices this low on luxury homes in North Scottsdale in over 10 years. If you are looking to take advantage of these outstanding housing opportunities in North Scottsdale a considering purchasing one of these Luxury homes for sale, you may want to start your search in the nationally acclaimed Silverleaf Golf Community in North Scottsdale. This North Scottsdale Luxury Home community is tucked away at the base of the McDowell Mountains which offers a distinctive lifestyle for those looking to own a million dollar plus residence.

Amenities such as top of the line appliances, pools, spas, fireplaces, decadent mater bathrooms, multi- car garages, estate size lots, mountain and city light elevated views, golf course views, guard gated entrances and all the standard features you will find in this remarkable North Scottsdale Luxury Homes For Salelocated in the Silverleaf Golf Community

Who knows the Scottsdale Arizona Real Estate market better than Stephen Proski and his team of full-service agents? With over 20 years of experience, we have the expertise you can trust when it comes to buying or selling luxury homes, vacation homes, rental homes, condominiums, investment, foreclosed and golf community properties. Our team’s focus is on excellent customer service and expertise of the current real estate market conditions. We are here for you! If you are thinking about buying or selling a home in the Silverleaf Golf Community, call us today Toll Free at 1-866-620-2164 or email us at stephen@myhomeinscottsdale.com

To begin your Silverleaf Golf Community Home Search, click here and use our Free MLS Search Scottsdale Luxury Homes 750K to 1,000,000!

Here are the results for Q3 2011 home sales in Scottsdale Arizona's zip code 85255.

The 85255 zip code is located in the northern part of of Scottsdale, and starts just above the Loop 101. Many excellent private golf communities and luxury homes can be found there, including Troon Country Club, Desert Highlands, Grayhawk, DC Ranch and Silverleaf. For non-golfers, there are plenty of housing options as well, including gated and non-gated communities. You will also find the well-known landmark of Pinnacle Peak in 85255.

The Q3 2011 single-family home sales activity in 85255 is below. The data has been broken into three categories based on sales type.

The three categories are defined as follows:
- Non-Distressed Sales -These are what you would consider"regular", "normal" or "traditional" home sales. In this common scenario, the home seller and home buyer negotiate the sale, come to terms and work together until the sale is complete.
- Short Sales – Short sales occur when a home seller needs to sell the home "short" of what is currently owed on it. Short sales have been gaining a lot of momentum in recent years as home values have fallen. In a short sale, the lienholder (also frequently called the "lender") has to approve the contract as they will be picking up the shortfall on what is owed.
- Foreclosures - Foreclosure homes are homes that have gone through the foreclosure process and ownership has now reverted back to the lienholder. These are also called "Lender-Owned" homes, "REO'" homes or "Bank-Owned" homes.

Overall Findings for the Scottsdale Zip Code 85255 Home Sales Market for Q3 2011 - Data as of October 1, 2011

• Active Scottsdale 85255 Homes For Sale: Regular homes for sale accounted for the majority of the for sale inventory at the end of the third quarter. Short sales came in at 10% and foreclosures only had a small segment of the active market at 4%.
• 85255 Pending Homes for Sale: Short sales gained a lot of ground when you look at pending sales at the end of Q3. They accounted for 30% of the market, despite being only 10% of the for sale inventory.
• Q3 2011 Scottsdale 85255 Home Sales: Regular sales still accounted for over half, 58%, of the home sales in Q3. Foreclosures came in at 15%, despite only being 4% of the for sale market.
• 85255 Home Prices: The average home sale price distribution is what we would expect. Regular sales had the highest average price, followed by short sales and then lender owned homes. Interestingly enough, short sales had a lower average price per square foot than foreclosures. Typically, foreclosures have the lowest average price per square foot.
• Discounts Off of List Price: This is pretty typical. Regular sales usually sell at about an average 10% discount off of asking and short sales and foreclosures are typically 5% off of list price. 85255 in Q3 was pretty close to that.

If you would like to review this data for the City of Scottsdale AZ versus a single zip code, please visit these previous reports:

View Scottsdale Home Sales by Type Q2 2011
View Scottsdale Home Sales by Type Q1 2011
View Scottsdale Home Sales by Type for 2010
View Scottsdale Home Sales by Type for 2009

Originally posted on Live Better in Scottsdale

Disclaimer: Due to rounding issues, not all columns will add up to 100%. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 10/1/2011 and can change at any time. The analysis looks at single-family resale homes for sale and sales in Scottsdale AZ zip code 85255 for Q3 2011. There may be new home inventory in these figures if the developer is using the MLS to market its homes. Information deemed reliable but not guaranteed.
Copyright © 2011 Heather Tawes Nelson