(updated FRI 17SEP2021 12p)
**One Active Listing on Market**
and record-high Sales prices...
I'm proud to have Sold two more properties
here in Shadow Hills:
I am also proud to have presented this spectacular Burnt Adobe,
on Placita Pluma, SOLD for $80k OVER list price,
The positive reactions from Buyers were Strong, Immediate, and backed up by $$$.
I'm proud to say that my Buyers received multiple offers,
and CLOSED for $80k ABOVE their list price.
I am equally proud to have represented Sellers
in the sale of 3 other listings in Shadow Hills over the last year,
with a marketing strategy that resulted in multiple offers in EVERY case.
In All, I've successfully represented 6 Sellers
in the listing and Sale of their homes
In Shadow Hills,
The Numbers Speak for Themselves:
In the last 8 months (JAN-AUG'21):
18 Recorded Sales
with a staggering Average Price of
and closing, on average ABOVE list price.
While the trend has been pushing upward for the lat two years, the last month or two here in the summer are showing signs that a market correction (or at least stability) might be coming. If you have questions, talk to an expert!
I'm always happy to talk with neighbors about the market
and help them understand how it relates to their plans for the future.
By now, everyone's heard that we're in a Seller's Market...
...but what does that mean to you?
as we round out Summer 2021, we continue to be in a Seller's Market without precedent
Shadow Hills is a prime example of what occurs when there's a convergence of
increasing buyer power from oft-desperate buyers with record-low interest rates,
and record-low inventory from which to choose.
Now more than ever, perhaps, it's crucial that homeowners have
an accurate gauge on what's happening in their neighborhood,
...which is why I'm proud to provide this as a resource not only to my neighbors here in Shadow Hills,
but to those who'd love to make their home here too.
Your Shadow Hills "Dashboard"
as of 03SEP21:
It's been an unprecedented run for Sellers
in Shadow Hills recently;
Sales prices have climbed to new heights,
and demand from Buyers is still strong
1 Home listed ACTIVE
4 Homes under contract
The Key Takeaways from 2021thus far,
specific to Shadow Hills:
The unprecedented shortage of available homes was sustained through the Summer--
For the overwhelming majority of the last 18 months --
there have been two or less Active listing out of a neighborhood of approx 575 existing homes,
That's truly remarkable. At one point not too long ago, we'd experienced more days in 2021 when there had been ZERO active listings on market, than we've had days where there've been any.
That's over a year and a half or so where buyers have had almost nothing to offer on.
And this in a period of unprecedented demand, with well-qualified--and some "cash-heavy"-- buyers from everywhere, hoping to find a home in the Foothills, and Shadow Hills in particular.
What's the result? Multiple buyers making strong, competing offers in the first day or two on market.
Of the six sellers that I've represented in Shadow Hills over the past 12 months, ALL of them, received multiple offers on their first weekend on market, and ALL of them closed significantly above their original list price.
While that kind of result isn't a certainty-- properties still have to fit a Buyer's needs, long-term--
what is certain is that there will be far more well-qualified buyers as we close out 2021 than there will be houses for them to offer on.
And while inventory is at its lowest point in recent memory, mortgage interest rates have remained as low as they can practically be,
which results in Buyers with stronger offering power, and better bottomlines for Sellers.
For Shadow Hills homeowners for whom it may be time to make a move, these factors combine to create a unique opportunity to realize the highest value from their property, and to potentially do so quickly.
To see a map of current Active
and Active-Contingent listings
in Shadow Hills, start here.
For Buyers interested in Shadow Hills,
the best way to even have a chance at getting a home when they come available
is to have an agent working to show listings as soon as, but ideally even before, they go live to the public.
The competition is just too strong to leave it to chance.
Interested in searching listings
anywhere in Arizona?
Save favorites, expand/refine searches,
and more by building a profile here
Recent Closed Sales are your best starting point for understanding the potential value
the market will bring for your home.
21 closed sales to date, in 2021
$760,810 : Average sale price
$760,000 : Median sale price
Notably, on average, homes have sold for OVER their list price (102.65%!)
To see a map of Closed listings in Shadow Hills, click here.
Other Homes in Shadow Hills that I am porud to have Listed and Sold:
I'm proud to have represented happy Shadow Hills Sellers
in the successful sales of properties:
All of which CLOSED wellOVER their list prices, with the Sellers receiving
multiple full-price or better offers in the first weekend
Though this is a Seller's Market--and this point cannot be over-emphasized--it's not as simple as just taking some photos and "putting the sign out."
There's an art to maximizing value and minimizing time on market.
Of the homes that have sold or been on market in Shadow Hills in the last year, though, Five of them spent 4 or more weeks on market before finding a buyer.
Marketing your home to key buyers onto its best attributes, and pricing it to maximize its potential value in the market quickly are more art than science. Price too high and you're likely to miss your chance at your best offer, too low and you'll be leaving money on the table. You only get one chance to get it right.
If you're interested in learning more about what value buyers in today's market might bring for your home here in Shadow Hills, or have questions about what the process will look like for you and your family whenever you're getting ready to make a move, please feel free to contact me by text or voice on my mobile 520.965.5508, or by email any time at email@example.com