Desert Mountain Market Update for January 2013

The Desert Mountain real estate market started January 2013 off very similar to how it ended in 2012. There was a total of 6 homes sold last month and none of these were distressed sales.

The average price of all homes sold in January was $1,110,333.

Below you will find the highest priced homes sold with and without an Equity Golf Membership (EGM) as well as the lowest priced homes sold with and without a golf membership.

Homes Currently For Sale in Desert Mountain – 183

Home Sales Currently Pending – 6

Average Sold Price WITH a Full Equity Golf Membership or EGM – $1,123,000

Average Sold Price WITHOUT a Membership – $1,047,000

Lowest Priced Home Sold WITH an Equity Golf Membership or EGM – Desert Fairways 14, Sales Price $600,000 – 3200 square feet ($187.50 p/ sq ft)

Highest Priced Home Sold WITH an Equity Golf Membership or EGM – Eagle Feather 338, Sales Price $1,750,000 – 5150 square feet ($339.81 p/ sq ft)

ONLY Home Sold WITHOUT an Equity Golf Membership or EGM – Gambel Quail 101, Sales Price $1,047,000 –  4187 square feet ($250.06 p/ sq ft)

Average Price per square foot WITH a Desert Mountain Golf Membership – $278.11

Average Price per square foot WITHOUT a Membership – $250.06

I can be reached at Carmen@TopScottsdaleHomes.com if you are interested in purchasing Scottsdale real estate.