Housing Prices Increase in 85262! In this dismal real estate market, that is GREAT news! With much of the valley prices staying stagnant, it is interesting to know about this desirable area of 85262. The Arizona Republic reported on Saturday, October 8th, 2011 that home prices have increased 12% in the last year!
As a local, 85262 is an incredible place to live. The topography is unparalleled - incredibly diverse desert amongst the rolling terrain. Centered around Troon Mountain (formerly Rattlesnake Mountain before Troon developed the area), the views of Pinnacle Peak, McDowell Mountains and the Valley are unbelievable. As you climb the 3 mile hill towards Troon, you realize the increase in elevation. This equates to a cooler desert, more rainfall, and a healthy desert.
So, 85262 is beautiful, but what are the neighborhoods like that constitute the housing prices increase in 85262?
The neighborhoods are incredibly diverse; ranging from ungated homes built by national builders with floor plans between 1200 to 4300 square feet. The neighborhoods are not only affordable but beautiful - with larger lots and wide open natural desert spaces. Echo Canyon and Desert Vista (to name a few) are appealing to a multitude of home buyers as they are family oriented as well as perfect for an empty nester.
Ideal for the smaller family, empty nester or second home owner, 85262 offers several townhome communities. Pinnacle Canyon and Troon North are two highly sought after communities. The Rocks, adjacent to the Four Seasons resort is an upscale, fractional ownership community of townhomes. The Troon North collection of townhomes has undoubtedly contributed to the housing prices increase in 85262.
Housing prices increases in 85262 can also be seen in the neighborhoods consisting of custom homes - Candlewood Estates and Pinnacle Canyon are two such examples. Each features architecturally unique homes on larger lots at the base of Pinnacle Peak. Both of these communities are guard gated - adding an element of security ideal for second home owners.
Nestled amongst the majestic saguaros are several award-winning communities -Desert Mountain(yes this is part of 85262), Talus, and Estancia to name a few. Catering to the most exclusive home buyers seeking private, residential communities affording its members the pinnacle in luxury real estate and outstanding recreational amenities. Contrary to media attention, this price point has contributed to the housing prices increase in 85262.