North Phoenix Real Estate-North Phoenix Homes For Sale

Tramonto home for sale, located in North Phoenix. Single level home, top of hill, amazing mountain views & city lights, large 13,068 square foot lot, 3 car garage, located in popular master planned community Tramonto, split floor plan, 3 bedrooms (all large) plus an office/den that could easily be a fourth bedroom, 3 full baths […]

Tramonto Real Estate Market Update 1st Quarter 2013 85086

Tramonto is a community located in Phoenix, AZ 85086. This is a market update of the homes sold in the first quarter 2013 compared to the first quarter in 2012. Tramonto has seen an 23.8% increase in home prices for the first quarter of 2013. One of the main reasons is the reduction of bank owned properties and short sales, compared to last year.

In 1st quarter 2012, Tramonto had 36 homes sold for an average price of $215,033. The average square footage of each home was 2542, selling for $86.80 per square foot. The average days on the market was 69 days.

In the first quarter of 2013, there were 33 homes sold. The average home sold was for $266,175. The average home sold was 2706 square feet, selling for $106.48 per square foot. Days on the market increased to 88 days compared to 2012.

We expect the numbers for the 2nd quarter to continue to be positive. With the National housing market recovery led by Phoenix, this is no surprise. Tramonto is a very desirable area of Phoenix, built as a master community with many different builders and a wide variety of floor plans, mountain views, hiking trails, low HOA, large park, two community pools, easy access to I-17 freeway and Carefree Highway, great schools, and open Sonoran Desert surroundings. Tramonto is also surrounded by other great communities; Desert Hills, Anthem, New River, Sonoran Foothills, and Cave Creek.

Tramonto Real Estate Market Update 85086

Tramonto is a community located in Phoenix, AZ 85086. This is a market update of the homes sold in January and February 2013 compared to the same months in 2012. Tramonto has seen an 11.7% increase in home prices for the first two months of 2013. In 2012, Tramonto had 20 homes sold for an average price of $217,915. The average square footage of each home was 2562, selling for $88.57 per square foot. The average days on the market was 46 days.

In the first two months of 2013, there were 23 homes sold. The average home sold was for $243,491. The average home sold was 2456 square feet, selling for $101.39 per square foot. Days on the market increased to 78 days compared to 2012.

The numbers for March are going to push the overall numbers even higher. With the National housing market recovery led by Phoenix, this is no surprise. Tramonto is a very desirable area of Phoenix, built as a master community with many different builders and a wide variety of floor plans,mountain views, hiking trails, low HOA, large park, two community pools, easy access to I-17 freeway and Carefree Highway, great schools, and open Sonoran Desert surroundings. Tramonto is also surrounded by other great communities; Desert Hill, Anthem, New River, Sonoran Foothills, and Cave Creek.

Tramonto Phoenix AZ Community

Tramonto is a master planned community located in Phoenix, Arizona 85086. Tramonto is located in North Phoenix, East of the I-17 freeway, on the Carefree Highway. It is about 30 miles from downtown Phoenix, and is close to Lake Pleasant. There are many different reasons why people have chosen to reside here in Tramonto.