Desert Mountain AZ Real Estate Sales – August 2010

The Desert Mountain real estate sales decreased last month. There were only 4 homes sold in August 2010 in Desert Mountain and two of these were foreclosures or bank owned homes. This is the lowest number of homes sold in one month this year. The good news is that there are 5 sales currently pending and the average price of these homes is $2,472,179.80. It looks like the market will heat back up in September.

Homes Currently For Sale in Desert Mountain AZ – 198

Average Sold Price WITH a Full Deferred Equity Golf Membership or DEGM – $1,250,000

Average Sold Price WITHOUT a Membership – $822,000

Only 1 Home Sold WITH a Full Deferred Equity Golf Membership or DEGM – Turquoise Ridge 34, Sales Price $1,250,000– 4,953 square feet ($252.37 p/ sq ft)

Lowest Priced Home Sold WITHOUT a Membership – Sunrise 328, Sales Price $550,000– 3,022 square feet ($182 p/ sq ft)

Highest Priced Home Sold WITHOUT a Membership – Sunset Canyon 52, Sales Price $1,100,000– 5,521 square feet ($199.24 p/ sq ft)

Average Price per square foot WITH a Full Desert Mountain Golf Membership – $252.37

Average Price per square foot WITHOUT a Membership – $210.34

If you have any questions about the Desert Mountain Real Estate market feel free to contact me.