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McCormick Ranch Real Estate Activity in the Saguaro High School District, April 2008

McCormick Ranch Real Esate Market Report

Saguaro High School District

April 2008

McCormick Ranch Golf Course

Active Listings

Property Type: Residential Status: Active
Subject Property
#	ML#	Status	Address	Built	Fe Code	SqFt	List Price	LP/ SF	ADOM	CDOM
1	2978969	act	7812 N Via Del Sol -- Scottsdale	1976	42RXP2G	2072	$225,000	$109	13	11
2	2945558	act	7762 N Via de La Sombre ST Scottsdale	1977	32RDX2G	2037	$375,000	$184	64	64
3	2898758	act	8714 E VIA DE BELLEZA -- Scottsdale	1979	32RDX2G	1908	$380,000	$199	143	143
4	2977228	act	7008 N Via De Paesia ST Scottsdale	1975	42FRDX2GS	2152	$399,900	$186	13	13
5	2979845	act	7678 N VIA DE PLATINA ST Scottsdale	1979	22RDXS2G	1812	$405,000	$224	9	9
6	2821245	act	7110 N Via De Amigos -- Scottsdale	1974	32RDXP2G	2011	$415,000	$206	21	270
7	2953545	act	7623 N VIA DEL PARAISO -- Scottsdale	1978	32FRDXP2G	1857	$419,900	$226	52	52
8	2972121	act	7558 N VIA DE LA LUNA -- Scottsdale	1982	32.5RDXO2G	2089	$425,000	$203	21	21
9	2858695	act	7605 N Via Del Paraiso -- Scottsdale	1977	32RDXP2G	1642	$429,000	$261	213	213
10	2889565	act	7805 E Via de Belleza RD Scottsdale	1979	42FRDXPS2G	2331	$429,000	$184	159	161
11	2917506	act	7830 E VIA DE LA ENTRADA -- Scottsdale	1978	32FRX2G	1908	$429,000	$225	108	108
12	2972846	act	7510 N Via Del Paraiso ST Scottsdale	1977	32FRDXP2G	1746	$439,000	$251	20	20
13	2983328	act	7153 N Via De Amigos -- Scottsdale	1980	33RDXPTO2G	1882	$439,900	$234	243	242
14	2954618	act	8793 E VIA DEL ARBOR -- Scottsdale	1979	32RX2G	1700	$444,995	$262	50	50
15	2917244	act	7836 E VIA DE LA ENTRADA DR Scottsdale	1978	32FRXPS2G	1908	$449,000	$235	97	97
16	2955746	act	7844 N 77TH PL Scottsdale	1991	22RXQ2G	1514	$455,000	$301	51	166
17	2957369	act	7768 E Oakshore DR Scottsdale	1993	22RDX2G	1514	$469,900	$310	46	45
18	2930901	act	7782 E VIA DE BELLEZA -- Scottsdale	1978	32.5FRDXP2G	2360	$479,000	$203	88	191
19	2925403	act	7811 N VIA DE LA MONTANA -- Scottsdale	1978	32RXPO2.5G	2650	$539,900	$204	96	96
20	2967083	act	7755 E SORRELWOOD CT Scottsdale	1990	42.5RDXPS2G	2419	$549,900	$227	30	29
21	2980520	act	8416 E VIA DE JARDIN -- Scottsdale	1976	32FRDXP2G	2268	$565,000	$249	184	183
22	2890155	act	7771 E Foxmore LN Scottsdale	1993	42.5FRDXS2G	2419	$569,000	$235	158	158
23	2921397	act	7770 E Via de Viva ST Scottsdale	1988	32.5FRDXP2G	2171	$595,000	$274	110	102
24	2965550	act	7761 N VIA DE LA MONTANA -- Scottsdale	1974	42FRDXPS2G	2367	$599,000	$253	32	32
25	2967346	act	7794 E Sorrel Wood CT Scottsdale	1990	32.5FRDXLO2G	2294	$609,000	$265	28	28
26	2948216	act	8169 E Via de Viva -- Scottsdale	1979	32RDXSO2G	2300	$625,000	$272	60	60
27	2793968	act	7735 N 78TH ST Scottsdale	1991	33RDXPO2G	2294	$639,000	$279	313	313
28	2938285	act	7027 N 79th PL Scottsdale	1979	32RDPO2G	2350	$649,000	$276	76	76
29	2960660	act	8404 E Via De Jardin ST Scottsdale	1976	42.5FRXPO2G	2307	$650,000	$282	39	39
30	2782188	act	8018 E VIA MARINA -- Scottsdale	1979	42RDXPO2.5G	2596	$650,000	$250	332	332
31	2973529	act	7962 E VIA SIERRA -- Scottsdale	1978	42FRDXP2.5G	2386	$665,000	$279	19	19
32	2981075	act	7806 E VIA DE LA ENTRADA -- Scottsdale	1978	32.5RXPS2G	2360	$719,000	$305	9	7
33	2957050	act	7626 E VIA DE LINDO -- Scottsdale	1977	42.5FRDXO2G	2966	$730,000	$246	47	46
34	2895714	act	7758 E VIA DEL FUTURO -- Scottsdale	1978	32.75FRDXPO2.5G	3318	$800,000	$241	136	136
35	2682608	act	7780 E STALLION -- Scottsdale	1991	33RDXO2G	2294	$875,000	$381	475	471
36	2913425	act	7631 E Via Del Placito DR Scottsdale	1985	44.5FRDXPQ2G	4700	$1,295,000	$276	295	294
37	2934377	act	8436 N Via Linda DR Scottsdale	1978	33.5FRDXP2G	3300	$1,395,000	$423	82	267
38	2956783	act	7887 E Via Bonita -- Scottsdale	1978	54RDXPQO2GS	3685	$1,399,900	$380	46	46
39	2890930	act	7625 E VIA DEL PLACITO -- Scottsdale	1979	43.5RDXP2G	3612	$1,495,000	$414	157	157
40	2847856	act	7625 E Via Del Reposo -- Scottsdale	2005	22.5RPO2G	3852	$1,950,000	$506	229	229
41	2957173	act	8424 N Via De Lago -- Scottsdale	1985	64FRDXPSO3G	6000	$3,995,000	$666	46	46
Average			2,471	$733,348		108	123
Number of Properties: 41
( Average ListPrice / Average SqFt ) : ( 733348 / 2471 ) = $ 296.78

Active With Contingency (Under Contract, Accepting Backup Offers)

Property Type: Residential Status: Active With Contingencies
Subject Property
#	ML#	Status	Address	Built	Fe Code	SqFt	List Price	LP/ SF	ADOM	CDOM
1	2874369	awc	7784 E SORRELWOOD CT Scottsdale	1990	32RXP2G	1813	$470,000	$259	187	187
Average			1,813	$470,000		187	187
Number of Properties: 1
( Average ListPrice / Average SqFt ) : ( 470000 / 1813 ) = $ 259.24

Pending Sales (Under Contract, Not Accepting Backups)

Property Type: Residential Status: Pending
Subject Property
#	ML#	Status	Address	Built	Fe Code	SqFt	List Price	LP/ SF	ADOM	CDOM
1	2845795	pend	8314 E Via de Encanto -- Scottsdale	1974	41.75FRDXP2G	2333	$499,900	$214	199	198
2	2948082	pend	7789 E STALLION RD Scottsdale	1991	32.5FRDXO2G	2294	$550,000	$240	35	209
3	2968358	pend	8024 E via costa -- Scottsdale	1979	42.5FRDXPO2G	3067	$779,000	$254	9	9
Average			2,564	$609,633		81	139
Number of Properties: 3
( Average ListPrice / Average SqFt ) : ( 609633 / 2564 ) = $ 237.77

Sold in April

Property Type: Residential Status: Sold
Subject Property
#	ML#	COE Date	Address	Built	Fe Code	SqFt	List Price	LP/ SF	Sale Price	SP/ SF	ADOM	CDOM
1	2915141	4/30/2008	7813 N VIA DEL SOL -- Scottsdale	1976	41.75FRDX2G	2164	$355,000	$164	$280,000	$129	106	106
2	2886341	4/14/2008	7818 N VIA DEL SOL -- Scottsdale	1976	32RDXP2G	1984	$389,900	$197	$380,000	$192	86	230
3	2929569	4/11/2008	8040 E Via Del Valle -- Scottsdale	1978	22RXO2G	1890	$409,900	$217	$350,000	$185	48	550
4	2847181	4/22/2008	8101 E VIA CAMPO -- Scottsdale	1979	32RDXPS2G	2208	$439,000	$199	$422,000	$191	192	352
5	2964428	4/30/2008	8319 E VIA DE LOS LIBROS -- Scottsdale	1975	32RXPS2G	2123	$449,900	$212	$420,000	$198	64	64
6	2913438	4/01/2008	8316 N Via Rico -- Scottsdale	1978	43FRDXPSO2G	3462	$1,200,000	$347	$1,140,000	$329	8	8
Average			2,305	$540,616		$498,666		84	218
Number of Properties: 6
( Average SalePrice / Average SqFt ) : ( 498666 / 2305 ) = $ 216.34

The Saguaro High School District includes those McCormick Ranch subdivisions which lie South of Via De Ventura Blvd. From the earliest development in McCormick Ranch (Paseo Village area - early 1970s) to the lakefront and golf lot homes in Palo Viento, the properties which constitute this report vary wildly in value. As such, this data is to be looked upon for broad informational purposes only. For a more concise opinion of your home's true market value in today's market, consult a McCormick Ranch Real Estate specialist today. Better yet, try two! Ray and Paul Slaybaugh have nearly 45 years of combined experience selling homes in our community!

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Ray and Paul Slaybaugh are your McCormick Ranch Real Estate Experts. Ray has been a licensed Realtor in Scottsdale AZ since 1974, and a McCormick Ranch resident since 1979. Paul is a Scottsdale native who up in McCormick Ranch and has been selling the lifestyle since 1999! When the time comes to buy or sell a home in Scottsdale, look no further than Ray & Paul!

Posted by Paul Slaybaugh, Scottsdale AZ Real Estate on 05/05/2008 11:14 AM

Comments (5)

mccormick ranch homes, mccormick ranch realtor, scottsdale az real estate, market report

Originally posted at: The Scottsdale Real Estate Files: McCormick Ranch Real Estate Activity in the Saguaro High School District, April 2008

This post has been included in Arizona Information Maricopa County, AZ Information Scottsdale, AZ Information

5 Comments on McCormick Ranch Real Estate Activity in the Saguaro High School District, April 2008

MAY

2008

Hi Paul, Here in California, we are not allowed to ever publish the exact addresses in our marketing CMA materials. I was hearing that the model rules in most states adopted by local and regional MLS's also required that the only way it might appear is an IDX type of report whereby the listing office is credited. Have you looked into that before. A heads up, just in case. You can state the street name just not the house number as I understand it. Most likely different in AZ but wondered?

Hi William, We have two different CMA formats in our regional MLS. A standard CMA, as well as a buyer CMA which contains the pertinent information that is able to be shared with the public via email and print. The above charts reflect the "Buyer CMA" format that is available for public consumption. Thanks for the heads up, though.

Wow, that is a lot of listings in one post ! I think you missed one, though.

MAY

2008

PAUL - I wish that we worked with square footage around here, but we don't. I like the idea of being able to compare homes by price per square foot. It would give new perspective to both buyers and sellers.

Virgina: If I missed one, that's because I sold it! Thanks for checking out my market.

Adam: Price per square foot numbers are a blessing and a curse. The figures do help give consumers are broad gauge of value, but it is fool's gold in many instances. For example, it does not account for lot premiums, upgrades, etc. Additionally, all else being equal, the smaller house is always going to command a higher per foot dollar than a similar, but larger home. The expensive square footage to develop lies in the price of the land, the kitchen and bathrooms. It's relatively inexpensive for a builder to add larger living spaces. The other factor is the old rule of diminishing returns. At some point, the square footage just reaches a point where the typical consumer is not willing nor able to afford at the same rate. Thanks for bringing a different perspective, Adam. While price per foot misconceptions are something I deal with on a daily basis, I can't fathom working without square footage numbers at all. Craziness!

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