Lisa & Matt Lucky, PC
Associate Broker
Top One Percent
602-320-8415
480-390-0445
Lucky@RussLyon.com

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Find Your North Scottsdale Home - Get "Lucky" In Real Estate - Lisa and Matt Lucky

Pinnacle Peak Summary of Home Sales By Type

Area includes Pinnacle Peak Country Club (547 acres and 360 home sites) which recently underwent a complete renovation and refurbishment of the existing 25,000 square foot, two-story clubhouse.

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Summary of Pinnacle Peak Home Sales By Type

Type of Sale	Sales in past 6 months	Avg Days on market	Avg Square Footage	Avg Sale Price	Avg % of Asking Price
Resale	51	141	3,075	500,030	95.1%
Short Sale	15	108	3,137	422,912	95.4%
Lender Owned	18	52	2,789	377,904	98.4%

Here is a list of definitions often used to describe Type 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.

Russ Lyon - Since 1947 - Our name is synonymous with fine properties. Lisa & Matt Lucky - Enjoying the North Scottsdale Lifestyle since 1997. North Scottsdale Relocation Specialist. Licensed in Arizona - Focused on North Scottsdale.

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