Rss

Archives for : Selling Your Home

2012 year end sales statistics for Fountain Hills, Arizona

The Arizona Multiple Listing Service reports 90,680 home sales and closings in the Phoenix metro area the past year of 2012. I might note that 19 of those were sales I closed!

The MLS report also shows that sold prices for December 2012 were 30.3% higher than December 2011.

Fountain Hills fared better than the metro area in general, with 833 homes sold and closed in the year 2012. That is a five percent increase (40+) over 2011.

I sold 19 properties for my clients in 2012.

I sold 19 properties for my clients in 2012.

The average sales price of a Fountain Hills home sold was up over the previous year by 5.2 percent to $332,892 and the average Days on Market (DOM) was down 17.5 percent to 118 days. All of this is great news for Fountain Hills home owners and those considering selling their Fountain Hills home.

Search results from the Arizona Multiple Listing Service on January 7, 2013 revealed 345 homes currently listed for sale in Fountain Hills. The homes listed have an average of 144 Days on Market (DOM). There are also 69 pending sales (contract for purchase, but not yet closed) with the average DOM of those being 89.

The Agent Weekly Report by Trulia.com, a real estate website, reports 24 new listings in Fountain Hills for the week ending January 5. The report notes that the average price per square foot on homes for sale in Fountain Hills is up 17.6% over same time last year.

Finally, Yahoo Homes posted an article by Kiplinger.com that listed Phoenix as the Number 1 city in America where prices rose the most in 2012! Click here to see that article!

Market conditions have greatly improved in our area! Happy and prosperous New Year to you!

 

John Eberle is a licensed Realtor with the Artisan Real Estate Group, LLC working in Fountain Hills, Arizona. He is a member of the National Association of Realtors and Arizona Regional Multiple Listing Service. John has 14+ years home sales experience as Sales Person/Sales Manager/Vice-President of Sales and Marketing for regional home builder. Contact John at 602 550 1472.

                                                                                   Like It ! Share It ! Tweet It !

Fountain Hills Real Estate Statistics, September 2012

Time for an update on home sales statistics in Fountain Hills, Arizona.

Sales are a bit slower this year, with 58 fewer homes sold over last year at this time, a reduction of 9.9 percent. It is however, taking fifteen fewer days to sell a home listed on the MLS!

Search results of the Arizona Regional Multiple Listing Service (September 4, 2012) reveal 291 homes currently for sale in Fountain Hills. The homes listed have an average of 152 days on the market (DOM).

291 Beautiful Homes for Sale in Fountain Hills, Arizona!

Year-to-date sales/closings for residential real estate in Fountain Hills are 527, with average sales price of $323,666 (10% below the original listed price). Average DOM was 128. There are 63 sales pending at this time.

This time last year (2011) the number of sales/closings was 585, with average price $325,867 (12.92% below the original listed price) and DOM was 143.

The Agent Weekly Report by Trulia.com, a real estate website, reports 32 new listings in Fountain Hills for the week ending September 1. Median price of homes for sale is $256,500 which they note is 6.9 percent higher than last quarter and 1.8 percent higher than same time last year.

John Eberle is a licensed Realtor with the Artisan Real Estate Group, LLC working in Fountain Hills, Arizona. He is a member of the National Association of Realtors and Arizona Regional Multiple Listing Service. John has 14 years home sales experience as Sales Person/Sales Manager/Vice-President of Sales and Marketing for regional home builder. Contact John at 602 550 1474.

   Like It ! Share It ! Tweet It !

 

Home For Sale Curb Appeal!

I saw this article on the HouseLogic.com page put out by the National Association of Realtors.  While not specific to  Arizona real estate, it has some good ideas on how to make a home more appealing to potential home buyers.  Leave a comment if you have some ideas to add!

 

8 Tips for Adding Curb Appeal and Value to Your Home

By: Pat Curry

Published: February 18, 2011

 

Here are eight ways to help your home put its best face forward.

The way your house looks from the street–attractively landscaped and well-maintained–can add thousands to its value and cut the time it takes to sell. But which projects pump up curb appeal most? Some spit and polish goes a long way, and so does a dose of color.

Tip #1: Wash your house’s face 

Before you scrape any paint or plant more azaleas, wash the dirt, mildew, and general grunge off the outside of your house. REALTORS® say washing a house can add $10,000 to $15,000 to the sale prices of some houses.

A bucket of soapy water and a long-handled, soft-bristled brush can remove the dust and dirt that have splashed onto your wood, vinyl, metal, stucco, brick, and fiber cement siding. Power washers (rental: $75 per day) can reveal the true color of your flagstone walkways.

Wash your windows inside and out, swipe cobwebs from eaves, and hose down downspouts. Don’t forget your garage door, which was once bright white. If you can’t spray off the dirt, scrub it off with a solution of 1/2 cup trisodium phosphate—TSP, available at grocery stores, hardware stores, and home improvement centers—dissolved in 1 gallon of water.

You and a friend can make your house sparkle in a few weekends. A professional cleaning crew will cost hundreds–depending on the size of the house and number of windows–but will finish in a couple of days.

Tip #2: Freshen the paint job

The most commonly offered curb appeal advice from real estate pros and appraisers is to give the exterior of your home a good paint job. Buyers will instantly notice it, and appraisers will value it.
 
Of course, painting is an expensive and time-consuming facelift. To paint a 3,000-square-foot home, figure on spending $375 to $600 on paint; $1,500 to $3,000 on labor.

Your best bet is to match the paint you already have: Scrape off a little and ask your local paint store to match it. Resist the urge to make a statement with color. An appraiser will mark down the value of a house that’s painted a wildly different color from its competition.

Tip #3: Regard the roof

The condition of your roof is one of the first things buyers notice and appraisers assess. Missing, curled, or faded shingles add nothing to the look or value of your house. If your neighbors have maintained or replaced their roofs, yours will look especially shabby.

You can pay for roof repairs now, or pay for them later in a lower appraisal; appraisers will mark down the value by the cost of the repair. According to Remodeling Magazine’s 2011-2012 Cost vs. Value Report, the average cost of a new asphalt shingle roof is about $21,200.

Some tired roofs look a lot better after you remove 25 years of dirt, moss, lichens, and algae. Don’t try cleaning your roof yourself: call a professional with the right tools and technique to clean it without damaging it. A 2,000 sq. ft. roof will take a day and $400 to $600 to clean professionally.

Tip #4: Neaten the yard

A well-manicured lawn, fresh mulch, and pruned shrubs boost the curb appeal of any home.

Replace overgrown bushes with leafy plants and colorful annuals. Surround bushes and trees with dark or reddish-brown bark mulch, which gives a rich feel to the yard. Put a crisp edge on garden beds, pull weeds and invasive vines, and plant a few geraniums in pots.

Green up your grass with lawn food and water. Cover bare spots with seeds and sod, get rid of crab grass, and mow regularly.

Tip #5: Add a color splash

Even a little color attracts and pleases the eye of would-be buyers.

Plant a tulip border in the fall that will bloom in the spring. Dig a flowerbed by the mailbox and plant some pansies. Place a brightly colored bench or Adirondack chair on the front porch. Get a little daring, and paint the front door red or blue.

These colorful touches won’t add to the value of our house: appraisers don’t give you extra points for a blue bench. But beautiful colors enhance curb appeal and help your house to sell faster.

Tip #6: Glam your mailbox

An upscale mailbox, architectural house numbers, or address plaques can make your house stand out.

High-style die cast aluminum mailboxes range from $100 to $350. You can pick up a handsome, hand-painted mailbox for about $50. If you don’t buy new, at least give your old mailbox a facelift with paint and new house numbers.

These days, your local home improvement center or hardware stores has an impressive selection of decorative numbers. Architectural address plaques, which you tack to the house or plant in the yard, typically range from $80 to $200. Brass house numbers range from $3 to $11 each, depending on size and style.

Tip #7: Fence yourself in

A picket fence with a garden gate to frame the yard is an asset. Not only does it add visual punch to your property, appraisers will give extra value to a fence in good condition, although it has more impact in a family-oriented neighborhood than an upscale retirement community.

Expect to pay $2,000 to $3,500 for a professionally installed gated picket fence 3 feet high and 100 feet long.

If you already have a fence, make sure it’s clean and in good condition. Replace broken gates and tighten loose latches.

Tip #8: Maintenance is a must

Nothing looks worse from the curb–and sets off subconscious alarms–like hanging gutters, missing bricks from the front steps, or peeling paint. Not only can these deferred maintenance items damage your home, but they can decrease the value of your house by 10%.

Here are some maintenance chores that will dramatically help the look of your house.

Refasten sagging gutters.

Repoint bricks that have lost their mortar.

Reseal cracked asphalt.

Straighten shutters.

Replace cracked windows.

 

John Eberle is a REALTOR® living and working in Fountain Hills, Arizona. For more information on buying a home or selling a home in Fountain Hills, AZ contact John by clicking on the Contact Me tab above this blog.

 

 Like It ! Share It ! Tweet It !

 

Why Use a Realtor in Fountain Hills, AZ

 

When most people think of a REALTOR®, they think of open houses, flyers and big commissions. However, a REALTOR® is much more than that, and a good REALTOR® is very much worth the commission he or she is paid (earns).

A real estate transaction is often the biggest financial decision people make in their lifetime.It can also be the most anxious and intimidating time of their life. The required paperwork alone can be complicated and overwhelming to most buyers and sellers of homes.

An experienced REALTOR® is the best person to objectively provide direction, resolve problems and bring the transaction to a successful close.

When buying or selling a home, a REALTOR® can provide current information on what is happening in that particular community as it concerns price, days on the market, financing, terms and condition of competing properties. These are key factors in buying and selling a home.

An experienced REALTOR® is a home sales professional than can offer advice concerning the pricing of a home in a particular community and can help in negotiations. Price is important and obvious, but other factors to consider in negotiations include date of possession, financing options, and often the inclusion or exclusion of repairs and/or furnishings.

Any purchase agreement (contract) should provide a period of time to complete appropriate inspections and investigations of the property before parties are bound to complete the purchase. A REALTOR® can advise you as to which investigations and inspections are required or recommended as well as assist you in finding qualified professionals to perform the those and provide written reports. Most important of these will be the preliminary title report which indicates ownership of the property and any rights or obligations that go with that property.

Finally, for this blog article, business is about relationships and networks. Employing a REALTOR® provides home buyers or home sellers the advantage of reaching thousands of prospects via the relationship with Multiple Listing Service (MLS).

Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. REALTORS® are committed to treat all parties to a transaction honestly, and subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate.

John Eberle is a Fountain Hills REALTOR® working with the Artisan Real Estate Group, LLC. For more information on buying a home or selling a home in Fountain Hills, AZ contact John at 602 550 1474 or click on the Contact Me tab above this article.

 

Like It ! Share It ! Tweet It !

 

SunRidge Canyon in Fountain Hills, Arizona

Today, the Arizona Regional Multiple Listings Services  (ARMLS) lists 18 homes for sale in SunRidge Canyon, a beautiful and picturesque community located in Fountain Hills, Arizona.  Current list prices range from $359,900 to $1,300,000 with square footage starting at 2025.

Since January 1 of this year, 25 SunRidge Canyon homes have sold and closed escrow.  The average list price, based on data from ARMLS, was $420,264 and the average sold price was $406,092.  The average number of days on the market was 96.

Development of the SunRidge Canyon master planned community began in 1996 and has been platted for 789 single family homes in 15 separate neighborhoods, including two gated communities.  The community is not fully built out and there are still beautiful pieces of real estate for sale.

SunRidge Canyon winds around the golf course of the same name.

The community is located along Palisades Boulevard and Golden Eagle Boulevard with easy access to Shea Boulevard. There are many homes built around the SunRidge Canyon Golf Course, a 6823 yard, par 71 course which boasts of dramatic views and a challenging finish referred to as the Wicked Six.  It is home to the Jim McLean Golf School and open to the public.

 

Fountain Hills Public Schools serving Sunridge Canyon are;

 

The SunRidge Canyon Community Association website offers in depth information concerning resident services, news and announcements, a resources page with copies of community CCR’s, Bylaws, etc. , and a page with association contacts.

To see listings of homes for sale in SunRidge Canyon, Fountain Hills, Arizona, go to John Eberle Home Sales.  For information on listing your home for sale in Fountain Hills, telephone 602 550 1474 or click on the Contact Me tab at the top of this page.

Like It !  Share It !  Tweet It !

Selling a Home and Crime in Fountain Hills, AZ

 

When selling a home, one of many important questions to answer for the buyer concerns crime in the community. Fortunately for the buyers and sellers of homes in Fountain Hills it is good news!

According to Neighborhood Scout the chances of becoming a victim of a crime in Fountain Hills is 1 in 61! And when it comes to violent crime, Fountain Hills has the low number of approximately 1.73 incidents per 1000 residents, which is safer than 53% of cities in the US.

Police services in Fountain Hills is provided by the Maricopa County Sheriff’s office located at 16705 East Avenue of the Fountains. Visit the Sheriff’s website for information about crime prevention, patrols and the jail.

To view a map of crime in Fountain Hills, or lack thereof, visit the Town of Fountain Hills website and click on the RaidsOnline button.

Sheriff’s Office 24-hour NON-EMERGENCY DISPATCH telephone number is (602) 252-7840.  Of course in an emergency, dial 9-1-1.

 

Like It!  Share It!  Tweet It!

Thinking of Selling Your Home?

Wait a moment… this is a financial decision.

Do not think of it as your home. It is an asset. It is property. It is real estate, and you are preparing to do business which should culminate in selling this asset, this piece of real estate, at a profit.  Among those you will be competing with as you work to sell your house (not home) will be homebuilders. You should take a cue from how they go about the business of selling.

It is not personal, it is a business. Decisions are made to better market the home to prospective buyers. The marketing person and the sales person for the builder are deliberately helping the prospective buyer “see themselves living in their new home” (not house).

 
You need to allow prospective home buyers see your house (asset) has their home, not yours.  Here is some advice on how to do that.

 

          · Put away the personal photos
          · Clear your counter and vanity tops
          · Make the entry spotlessly clean (exterior and interior)
          · Clean the windows and let as much light in the house as possible
          · Have the house smell good
          · Make sure the kitchen is sparkling clean
          · And the baths too
          · Walls need to look good, if needed, repair sheetrock and paint a neutral color

 

The things that make your house a home to you, could very well be the things that keep a buyer from buying. You may tell someone you want to sell, but your actions may tell them it will be hard for you and they may not want to be the one that makes you leave the place you love.

 
Of course, the price you ask for the property is an important key, but that is for another blog piece.

 

Please leave your thoughts and comments!