The Most Expensive Home sold in Arizona last week - 10/18/16

The most expensive home sold in Arizona last week is a massive estate in the highly sought after and guard-gated subdivision of Silverleaf in DC Ranch in Scottsdale. At almost 7,500 square feet this sprawling luxury property sits on 2.75 acres of prime Scottsdale real estate. The exterior is designed with a Mediterranean Old-World flare. Custom stone work and exposed mortar roof tiles make this home seem as if it's straight out of a Spanish Villa. Massive rough sawn timber beams and and a smooth stucco exterior finish also lend to the overseas inspired design. Carefully nestled on a cul-de-sac lot, the new owner will enjoy breathtaking views of the McDowell Mountain Preserve during the day as well as spectacular and sparkling city light views in the evening. A carpet of green grass in the backyard is not often seen at a property in Arizona but combined with naturally occuring and mature native palo verde's and other desert trees and shrubbery, the home owners will spend many days playing and enjoying their lush environment. 

The interior of this home is just as carefully crafted as the outside. Plenty of natural stone joins the inside with the outside. The same exposed wooden beams join from the exterior in to the interior to provide a seeless transition. Imported, dark, chiseled hickory flooring and a soft cream paint scheme give a perfect contract in color. The fixtures and finishes are also large in scale to fit in to the elevated ceilings but they are simple and tasteful, not overdone. Click on the picture below for the full MLS listing:

Location: Scottsdale

Size: 7,485 sqft

Bedrooms: 5

Bathrooms: 7.5

Lot size: 119,711 sqft

If you are in the luxury home market and want a list of luxury homes available in Arizona, contact us Today! We'd love to help you find your dream home!

September 2016 Market Report - How much is my Gilbert, AZ Home worth?

Every home owner wants to know how much their property is worth. Prices have long since stabilized for the most part here in Arizona and the dramatic shifts in upward and downward pricing have largely ceased. Bidding wars are few and far between and are only reserved for those most sought after locations around the Valley where properties rarely come available. But what can a home owner expect to get from their Gilbert, Arizona home?

The Sold to List ratio is a comparison between the price of what a seller listed their home for sale versus the price in which the home was eventually sold. In September, home sellers in Gilbert, Arizona saw a small decrease in this ratio. According to the numbers, home owners are getting around 96.9% of their asking price when selling their home which is 0.4% lower than the previous month of August. Traditionally, prices and values start to slightly decrease once the busy Summer moving season begins to wind down in Arizona.

The Sold to List price average is around the same percentage it was a year ago, if not slightly higher, which still shows a strong and stable real estate market here in Gilbert, Arizona. This is a good reminder to sellers that although you can list a home for sale at whatever price you feel is fair, the free-market will dictate what the home is worth. Ultimately, a home is only worth what someone is willing to pay for it. There are certainly homes that get offers at the full listing price but on average most home owners are only getting close to the 96.9% ratio shown in this latest graph.

Conversely, this is also a good reminder to buyers that sellers are getting the majority of their asking price so low-ball offers are not only being roundly rejected but are completely unrealistic in today's stable market. The Gilbert housing market has been steady all year so a dramatic shift up or down in the Sold to List ratio would be a surprise even as the slower Fall and Winter selling season approaches.  

If you need more information on homes for sale in Arizona or to find out what your current home is worth contact us Today! 

Horse Property Homes for Sale in Gilbert, AZ - Update September 2016

It's hard to believe that Gilbert, Arizona was once known as the "Hay shipping Capital of the World." Since the mid-90's Gilbert has experienced a growth explosion not only in population but also in business and commerce. The famous Gilbert railroad tracks that cut straight through the entire Town are still there and plenty of rail shipments find their way through the hustle and bustle of sprawling subdivisions, however, Gilbert is far from the sleepy farm town it used to be. 

Gilbert, Arizona is now the 4th largest Town in the entire State of Arizona. Encompassing just 72.6 square miles Gilbert has transformed itself from an agricultural hub, to an economically diverse suburban populace. But don't let all of this growth fool you in to thinking Gilbert has lost it's cowboy culture. Among the shopping centers, award-winning and nationally recognized restaurants, running trails, and lush green parks, there is still a vast and ever reaching equine lifestyle woven in to the very fabric of this community. 

Horse property owners know the benefits of living in a Town that was founded on a simpler, slower-paced way of living, yet still provides all of today's modern comforts and amenities. Dotted between subdivisions governed and ruled by common Home Owner's Associations are still numerous areas designated for Horse and livestock owners who desire to be a part of this ever growing and thriving suburb of Phoenix. 

Whether you are in the market for an easier to maintain half-acre lot or an expansive ten-acre piece of property which gives you the ability to have numerous stalls, out-buildings, tack rooms, and multiple pastures, Gilbert has just the right home for you. There are a great number of horse properties located right in the heart of Town, or if you prefer a more secluded area on the outskirts of Gilbert, then there are also some wonderful choices that can be found as well. 

Sales information for Gilbert, Arizona Horse Properties September 2016:

Total Sold Homes: 20

Average List price: $574,920

Average Sold price: $559,625

Approximate Square Footage of Sold homes: 3,350

Average Sold Price per Square Foot: $172.43

Average Days on Market: 140

Click Here for a list of current Horse properties for sale in Gilbert, Arizona.

There is quite a wide range of Horse Properties available in Gilbert and there are many different factors to consider when purchasing a home in an area zoned to allow livestock. Let the Gilbert, Arizona real estate experts at Zion Realty help you through the process of determining whether owning a horse property is right for you. Contact us Today!

Fincher Creek Homes for Sale in Gilbert, AZ 85295 - Update Sept '16

When it comes to location, outdoor neighborhood amenities, and lifestyle, Fincher Creek is a popular and desirable place to call home. Consistent residential and business growth has pushed new home builders further away from the center of Town, however, Fincher Creek is perfectly positioned to take advantage of a bustling and vibrant area. Located between Val Vista Rd and San Tan Village Parkway to the East and West, and Ray Rd and Williams Field Rd to the North and South, residents of this wonderful neighborhood have just enough room to stretch out yet are still conveniently within minutes of shopping, freeway access, and Nationally acclaimed restaurants. 

As soon as you pull in to this privately gated subdivision you'll notice the uniqueness and exclusivity of this community. This is a small and close-knit neighborhood consisting of only 135 homes that center around a lush green belt area. This park is the hub of the community. Tall mature trees provide plenty of shade while the open areas are big enough for families to relax or play the day away. A children's playground is also on sight to provide tiny tikes with endless adventures. On hot Summer days homeowners have access to the crystal clear community pool located just off of the park. 

Does your job require a long distance commute each day? Residents of Fincher Creek have easy access to the 202 Red Mountain Freeway. Do you have children who range in age from toddler to college student? If you call Fincher Creek your home you'll be minutes away from Ashland Ranch Elementary School, South Valley Junior High School, Campo Verde High School, ASU Polytechnic Campus, and the East Valley Institute of Technology(EVIT). 

Need to catch a flight? Fincher Creek is just a short distance from Phoenix/Mesa Gateway Airport. Hungry for entertainment, shopping, and restaurants that have been featured on national television? If you reside in Fincher Creek you'll have an endless amount of options to choose from since the San Tan Village Mall, Top Golf, and Joe's Farm Grill are all just minutes away. 

Looking for low maintenance living? All common areas including the community pool, green belt, children's playground equipment, and neighborhood landscaping throughout the entire subdivision are all taken care of by the Home Owner's Association. Your only chore will be the up-keep of your own fenced in and private side yard. 

Neighborhood Sales information for Fincher Creek September 2016:

Total Sold Homes: 0

Average List price: N/A

Average Sold price: N/A

Approximate Square Footage of Sold homes: N/A

Average Sold Price per Square Foot: N/A

Average Days on Market: 0

Click Here for a current list of homes for sale in Fincher Creek. 

If you or someone you know are interested in purchasing or selling a property in Fincher Creek or in other areas of Gilbert, Arizona then contact us Today! We are a locally owned real estate brokerage right here in Gilbert and can educate you on the benefits of each community. 

The Most Expensive Home sold in Arizona last week - 10/11/16

The most expensive home sold in Arizona last week is a sprawling estate located directly across the street from the famous Phoenician Resort. At 6,000 square feet this massive luxury property sits on almost an acre of prime Scottsdale real estate. The exterior is designed with a Mediterranean flare. A soft cream paint scheme combined with contrasting dark wood beams and red speckled terra cotta tiles blend perfectly.  As soon as you pull up to this home you're greeted with a carpet of green grass blanketed over rolling hills which isn't often seen here in the desert. Home owners and guests can enjoy the tranquil sounds of the trickling fountain in the front courtyard as they proceed up the walkway towards the large and impressive front door entry. The backyard continues the green theme with more lush grass in which to run and play. The new home owners will also be able to enjoy endless summers in their sparkling pool and relaxing on the extended entertainment patio. 

The interior of this home is just as carefully crafted as the outside. Plenty of natural stone joins the inside with the outside. Imported stone floors and exposed wood beams in the ceiling are just the start of the custom touches in this magnificent property. Classically designed, the color scheme, fixtures and finishes were selected to be neutral enough that any homeowner could put their own custom touches where desired. The chef's kitchen will satisfy any cook's needs, and the fully retractable glass doors open up to allow a true indoor/outdoor living experience. Click on the picture below for the full MLS listing:

Location: Scottsdale

Size: 6,000 sqft

Bedrooms: 5

Bathrooms: 5.5

Lot size: 37,429 sqft

 If you are in the luxury home market and want a list of luxury homes available in Arizona, contact us Today! We'd love to help you find your dream home!

Homes for sale in Gilbert, Arizona - September 2016 Market Report

The Gilbert, Arizona housing market in September began to show signs of the annual Fall and Winter slow down. The busy Summer season is coming to an end which means the amount of homes for sale and the number of willing and able buyers should both start to decrease. Let's list and analyze the raw numbers from the chart below first then we'll make sense of what the market is telling us. There were 1,070 Active homes for sale on the market in Gilbert in September. There were only 608 New listings added to the Gilbert market from August to September. The one statistic that matters most, however, also showed a slow-down. There were 465 sold homes which was a decrease of 50 total home sales from the previous month.

What do all these numbers mean for buyers and sellers? September came and went with the typical annual expectations once again coming to fruition. Buyers are showing signs of decreasing their housing activity. Total available homes for sale is at a healthy and stable level but we'll have to wait and see if buyers decide to reinvigorate their home searches the rest of the year to take a leap in to home ownership. Gilbert, Arizona is still seeing the most steady level of sales activity for homes priced within $250,000-$300,000 which is now the typical first time home buyer price range. However, that doesn't mean there aren't other homes still selling.  

It is becoming increasingly more difficult to find properties below the $200,000 mark in Gilbert but armed with a little knowledge and a hard-working real estate agent from Zion Realty selling your home, or snapping up that perfect property before another buyer gets to it should be a little less stressful. Contact us Today!