Granite Mountain Area Home Sales By Type

Updated Tuesday October 17, 2017       

Home sales summary in Granite Mountain Area

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Summary of Granite Mountain Area Home Sales By Type

The Granite Mountain area has evidence of historic ranching activity and the "Whiskey Bottle" military trail which connected Fort McDowell to Fort Whipple. The area has been used in recent times by outdoor recreational enthusiasts. The most prominent feature of the area is Granite Mountain, which is an isolated mountain formation with a different geology than most other nearby hills and mountains.

Granite Mountain dominates the area. The remaining area is gently sloping to steeply rolling terrain and has a number of granite boulder fields, knobs and ridges. The vegetation is relatively lush because it transitions into a high desert setting Cacti are relatively scare in some areas.

The area is mostly out of view from the rest of the city and in many ways visually extends into the nearby national forest. It serves as an edge to the metropolitan region as well as the city. The unique features of the area act as a special desert setting drawing visitors who seek to be immersed in the desert environment

Type of SaleSales in past
6 months
Avg Days
on market
Avg Square
Footage
Avg
Sale Price
Avg % of
Asking Price
Resale
54
180
2529
467,497
95.9%
Short Sale
0
n/a
n/a
n/a
n/a
Lender Owned
0
n/a
n/a
n/a
n/a
Total
54
180
2529
467,497
95.9%

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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