FireRock Real Estate Report

Calculating the impact golf courses have on home prices is a topic of much discussion. Opinions from analysts will range anywhere from 7.4 to 9.5% of the property to $10 per-square-foot of the land. Coupling that with the amazing views we have here in FireRock adds significant complexity. Yet, as they say, “the proof is in the pudding.” Take a look (on the other side) to see how FireRock views and first-rate golf club make a huge difference.

If you’d like to see how this impacts the value of your home in FireRock, please call Phil for an appointment 602-738-6971.

January 1st - December 31, 2013 FireRock Eagle Mountain Crestview Sunridge Canyon Shadow Canyon Eagles Nest Fountain Hills
Number of Homes Sold

9

3 4 6 1 1 29
Avg Number of Homes Sold Per Month

0.75

0.25 0.33 0.50 0.08 0.08 2.42
Inventory of Homes for Sale on 12/31/13

21

4 6 4 3 4 55
Number of Months Supply

28.0

16.0 18.0 8.0 36.0 48.0 22.8
Avg Size Home Sold (Sq Ft)

5,232

4,734 7,084 4,751 4,497 6,447 5,352
Avg List Price

$1,720,667

$838,200 $1,782,294 $993,749 $1,100,000 $2,195,000 1,367,333
Avg Selling Price

$1,613,222

$810,000 $1,648,569 $947,500 $1,057,500 $2,000,000 $1,280,874
Avg Selling Price per Sq Ft

$305

$143 $265 $203 $235 $310 $238
Avg Days on Market

193

152 99 211 19 95 239
Selling Price as % of List Price

94%

97% 94% 95% 96% 91% 94%