McDowell Mountain Ranch Home Sales By Type

Updated Tuesday November 21, 2017       

Home sales summary in McDowell Mountain Ranch

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Summary of McDowell Mountain Ranch Home Sales By Type

McDowell Mountain Ranch is an award-winning master-planned community, approximately 3200 acres, nestled in the foothills of the McDowell Mountains. There are 26 neighborhoods containing approximately 4000 homes, with miles of trails, children's playgrounds, a 5-acre park with picnic and green areas, a Community Center, tennis, basketball, and beach volleyball courts, and two heated pools and spas.

McDowell Mountain Ranch has all the convenience you need for an active lifestyle. Desert Canyon Elementary and Middle Schools are integrated into the community; both are Excelling Scottsdale schools. The Scottsdale Arabian Library is nearby, as well as the new $10 million + Aquatic Center and the Scottsdale Citizen's Service Center. There are two shopping centers that offer an array of unique dining, retail, and service establishments combined with necessities like a large supermarket and a pharmacy.

The McDowell Mountain Ranch (formerly Sanctuary) Golf Course, recently renovated, is in close proximity to McDowell Mountain Ranch. This championship 18-hole public course lies on the western slope of the McDowell Mountains and is surrounded by native plants and wildlife.

Type of SaleSales in past
6 months
Avg Days
on market
Avg Square
Footage
Avg
Sale Price
Avg % of
Asking Price
Resale
136
78
2469
599,136
97.4%
Short Sale
0
n/a
n/a
n/a
n/a
Lender Owned
0
n/a
n/a
n/a
n/a
Total
136
78
2469
599,136
97.4%

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