The Desert Mountain Real Estate market remained strong in April 2011. Last month there were 12 homes sold in Desert Mountain and only 1 was a foreclosure or bank owned home. The average price of homes sold was $1,296,250 which is an increase from $1,056,826 in March. So far 2011 has been a fantastic year in this exclusive, luxury community.
Below you will find the highest priced homes sold with and without an equity golf membership as well as the lowest priced homes sold with and without a golf membership.
Homes Currently For Sale in Desert Mountain – 202
Home Sales Currently Pending – 15
Average Sold Price WITH a Full Equity Golf Membership or EGM – $1,355,500
Average Sold Price WITHOUT a Membership – $1,000,000
Lowest Priced Home Sold WITH an Equity Golf Membership or EGM – Sonoran Cottage 30, Sales Price $480,000 – 1836 square feet ($261.44 p/ sq ft)
Highest Priced Home Sold WITH an Equity Golf Membership or EGM – Gambel Quail Preserve 270 – 6300 square feet ($404.76 p/ sq ft) and Saguaro Forest 283 – 8150 square feet ($312.88 p/ sq ft) – Sales Price $2,550,000
Lowest Priced Home Sold WITHOUT an Equity Golf Membership or EGM – Eagle Feather 365, Sales Price $775,000 – 4,001 square feet ($193.70 p/ sq ft)
Highest Priced Home Sold WITHOUT an Equity Golf Membership or EGM – Gambel Quail Preserve 243, Sales Price $1,225,000 – 5346 square feet ($229.14 p/ sq ft)
Average Price per square foot WITH a Desert Mountain Golf Membership – $282.28
Average Price per square foot WITHOUT a Membership – $211.42
The Desert Mountain Club is definitely having a great year in home sales. The market is hot and there are still some great deals for buyers. I would be happy to discuss the current Desert Mountain Homes market with you.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com