The Arizona Regional MLS has released updated statistics on the monthly median sales price of homes in Maricopa County. The communities at Troon are located in Maricopa County so I thought that you would be interested to see how the general real estate market is doing. Home 
prices in Maricopa County hit bottom 8 months ago and the market has stabilized. There has been a lateral trend of stabilized prices or slight price increases over the past 8 months. We have clearly seen the worst of the real estate crash and the market is ready to rebound. I suspect that home prices will continue to steadily increase, especially in the North Scottsdale communities like Troon.
Many communities in Maricopa County saw price drops of 50% or more over the past few years so it is good to see that it is coming back. Between November 2007 and March 2009 we saw a very large drop in the median sales price of homes. At the end of 2007 the median price of a home in Maricopa County was $265,000 but by the end of the first quarter of 2009 the median home price had dropped significantly to $125,000. This is a drop of 53% on average for homes in Maricopa County. Many homes in the Troon area are half price to what they were a few years ago.
If you are interested in viewing available homes in any of the Troon Scottsdale communities visit my website at www.TroonRealEstate.com. As a North Scottsdale Specialist I am always happy to answer your questions, feel free to call me at (480) 363-6244.
Carmen Brodeur JD
Realtor | Attorney
Trillium Properties, LLC
8755 E Bell Road, Suite 108 | Scottsdale AZ 85260
Cell (602) 791-0536
Office (800) 300-0263
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com
Voted in the Top 3 Realtors in Arizona, by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
