Desert Mountain Scottsdale Sales – May 2010

The Desert Mountain Scottsdale sales for May 2010 are now available. There were 8 homes sold and only one of these was a Desert Mountain foreclosure or bank wwned home.

Although the number of homes sold decreased by 2 compared to April, the average price of homes sold in Desert Mountain has increased. In April 2010 the average price of homes sold in this community was $1,268,500 and for May 2010 the average price sold is $2,113,750.

In addition to the average sales price increasing, ALL 8 homes were sold with a Desert Mountain Equity Golf Membership or DEGM. This is not something we typically see. There are usually around 2 or 3 homes sold each month without a membership.

Homes Currently For Sale at Desert Mountain – 221

Average Sold Price WITH a Full Deferred Equity Golf Membership or DEGM – $2,113,750

Lowest Priced Home Sold WITH a Full Deferred Equity Golf Membership or DEGM – Desert Fairways 39, Sales Price $950,000 – 4,250 square feet ($223.53 p/ sq ft)

Highest Priced Home Sold WITH a Full Deferred Equity Golf Membership or DEGM – Apache Peak 101, Sales Price $3,550,000– 7,200 square feet ($493.06 p/ sq ft)

Average Price per square foot WITH a Full Desert Mountain Golf Membership – $385.46

I would be happy to review the Scottsdale real estate market conditions with you and help you find the perfect North Scottsdale home.