Dynamite Foothills Area Homes For Sale By Price, North Scottsdale Real Estate, Grayhawk Real Estate, Troon Real Estate

Lisa & Matt Lucky, PC
Associate Broker
Top One Percent
602-320-8415
480-390-0445
Lucky@RussLyon.com

Find Your North Scottsdale Home - Get "Lucky" In Real Estate - Lisa and Matt Lucky

Dynamite Foothills Area Summary of Home Sales By Type	Updated Thu Jul 29, 2010 6:55 AM.
Most of the Dynamite Foothills area was once a part of the DC Ranch properties and was divided into forty acre parcels in the early 1970's. There are a number of scattered remnants from the decades of ranching that occurred in the area. A substantial portion of the area is still owned by the State Lands Trust. Most of the area was severely burned in the "Rio" fire of 1976. The area has a rolling, boulder strewn topography that has small scattered mountains, ridges, knobs, and boulder piles. The numerous washes are typically small and deeply incised except as they coalesce and exit the area to the east. The drainage is divided between the Verde River and Indian Bend Wash basins which runs near the western edge of the area. The few buildings in the area have either a "western ranch" or "Pueblo" character. The area is on the edge of developed areas within the city and abuts three, major open space preserves. It also provides the primary access and connection to roughly twenty square miles of unincorporated private lands with scattered housing and ranches. As such, it is in a position to provide a transition and edge between a variety of open and rural settings. Although this area is not visible from most of the city, it does provide a major accessway to the regional open spaces	Return to Dynamite Foothills Area Map
Summary of Dynamite Foothills Area Home Sales By Type

Type of Sale	Sales in past 6 months	Avg Days on market	Avg Square Footage	Avg Sale Price	Avg % of Asking Price
Resale	4	113	5,281	1,336,250	86.0%
Short Sale	1	205	4,863	950,000	95.0%
Lender Owned	0	n/a	n/a	n/a	n/a

Here is a list of definitions often used to describe Type of Real Estate Sales.

Definitions
	Resale	This is the traditional method, with no third party involvement. The owner sells the property and pays off any debts secured by the property. Relocation, estate sale, and auctions, which made up a small percentage, are also included in this category.
	Short Sale	The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.
	Lender Owned	Lender owned is just what it sounds like. Also called " REO" , which means real estate owned, or bank owned.

Russ Lyon - Since 1947 - Our name is synonymous with fine properties. Lisa & Matt Lucky - Enjoying the North Scottsdale Lifestyle since 1997. North Scottsdale Relocation Specialist.

North Scottsdale Subdivisions | Marketing North Scottsdale Property | Working With The Luckys | Feedback | Search MLS
Each Office is Independently Owned and Operated. ©2010 Sotheby's International Realty Affiliates LLC. Sotheby's International
Realty® is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Equal Housing Opportunity.

Dynamite Foothills Area Summary of Home Sales By Type

Summary of Dynamite Foothills Area Home Sales By Type