Dynamite Foothills Area Home Sales By Type

Updated Saturday October 21, 2017       

Home sales summary in Dynamite Foothills Area

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Summary of Dynamite Foothills Area Home Sales By Type

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 access way to the regional open spaces

Type of SaleSales in past
6 months
Avg Days
on market
Avg Square
Footage
Avg
Sale Price
Avg % of
Asking Price
Resale
2
193
3850
1,287,250
95.5%
Short Sale
0
n/a
n/a
n/a
n/a
Lender Owned
0
n/a
n/a
n/a
n/a
Total
2
193
3850
1,287,250
95.5%

Included are Homes Sales within the past six (6) months (since April 2017)

Summary above is based on information from the Arizona Regional Multiple Listing Service (ARMLS) where cooperating brokers share listing information. Excluded from the data above are home sales not found in ARMLS and sales by brokers who choose not to market their listing(s) on the internet.
All information should be verified by the recipient.
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Here is a list of definitions often used to describe Types 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.

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