"We Would Like to be Your Home Consultants"

Buyer & Seller Info Sierra Vista's population is continuing to grow at about 3% per year. Sales slowed during 2006, however they began to pick up toward the end of the year. Prices remain fairly stable, while some neighborhoods saw price decreases in 2006, overall sales prices for site built homes rose an average of 8% during 2006. For the Seller, this means that your house will probably sit on the market longer than in the past. Expect at least 120-180 days for your house to sell. For the Buyer, it means that you will have more houses to look at and can probably negotiate a slightly better deal than in the past few years. The following are average listing and sale prices of resale homes in Sierra Vista in December 2006: Site Built Listed 152 homes: $248,879 Sold 138 homes: $233,001 Townhouse/Condo Listed 4 homes: $121,725 Sold 1 homes: $136,000 Manufactured/Mobile Listed 12 homes: $121,566 Sold 9 homes: $122,755 Houses are now selling for between 93% (Site Built & Condos) and 99% (Manufactured Homes) of the asking price. We've experienced annual price increases from 8 to 20% over the last five years, but this year should see more normal price increases in the range of 5-7%. What was the average sale price of a resale home in Sierra Vista in 2006? Site Built Listed: $249,751 Sold: $231,519 Townhouse/Condo Listed: $141,612 Sold: $136,800 Manufactured Listed: $118,328 Sold: $111,179 Contact us for current real estate information or to answer your questions regarding buying or selling a home.
Information For Buyers Are you a first-time homebuyer? Email us today for a copy of our "First-Time Homebuyers Guide". Are you thinking of relocating to Sierra Vista? Everything you need is neatly organized and at your fingertips in our FREE "Discover Sierra Vista/Ft. Huachuca Relocation Kit", including cost of living comparisons, school information, home pricing by subdivision, restaurants, doctors, etc. Send us an email that includes your criteria for a home and we will also send you active listings of appropriate properties. If you'd like listings that match your desired housing criteria emailed to you on a regular basis, just send us an email with the information on the type of house you're looking for and we will automatically send you new listings as they come on the market. Are you thinking of having a new home built? New homes are going for between $166,990 - $299,990 base price depending on house/yard size and neighborhood. You can expect to pay between $125 - $170 per square foot for a home, without upgrades. Typically, homes don't get built until they are sold however, we are seeing a few more "spec" homes built, so you may not have to wait for the home to be built from the ground up. Otherwise, you can expect it to take about eight months for a house to be completed after signing the construction contract. Even when purchasing new home construction, it is in your best interest to have your own representation - and there is no additional cost to you. Just bring your real estate agent with you on your first visit and the builder will pay them when the sale is complete. What about a custom home? First, you will probably need to buy the land separately from the house. Land prices vary significantly in this area for a variety of reasons. Expect to pay no less than $15,000 and up to $100,000 per acre, with the less expensive lots having 4 - 8 acre minimums. Lots in subdivisions will start at around $120,000 for a half acre lot. Next, expect the house to cost $120 - $175 per square foot depending on size and upgrades. Not including design time, building a custom home will take at least 6 months to build, and could take up to a year.
Sellers - How Will We Market Your House? Once you've decided to list your home with us, we'll leap into action to bring your property to the attention of prospective buyers: We'll tell all Agents in our office about your home We'll list your home with the Multiple Listing Service (accessible by all local realtors® & by the public via Realtor.com) Your home will be on tour with the local Association of Realtors (Broker Open House) We'll put a Rio Verde Realty sign in your yard (with an Information box, if you would like one*) Your home will appear on multiple web sites including, Realtor.Com, Rio Verde Realty's website and our own website (www.sierravista-homes.com) We'll send at least 50 “Just Listed” cards to your neighbors An Ad for your home will appear at least once in the Sierra Vista Herald Paper and may appear on a regular basis - Wednesday, Saturday & Sunday editions* Your home may appear in the Real Estate Press of Cochise County (published monthly)* An Ad for your home may appear in the Sierra Vista Herald “Picture Your Home” once a month* We may hold public Open House(s)* We'll send at least 25 Open House Invitations to your neighbors* * Commissions are negotiable and these marketing items may not be available based on the agreed upon commission or together we may decide that they are not the best options for the sale of your house. Call or email us today for a FREE Comparative Market Analysis on your home or for help you with any of your real estate needs!	Where buyers first learned about the homes they purchased 41% Real Estate Agent 16% Yard Sign 11% Internet 7% Newspaper Ad 7% Friend/Neighbor/Relative 7% Builder 3% Home Book/Magazine 3% Knew the Seller 2% Open House 3% Other Source: The 2003 National Association of Realtors® Profile of Home Buyers and Sellers Call or email us today to learn how we can be your home consultant. We can also provide you with a FREE Comparative Market Analysis of your home.
Jodi Heck, Realtor (520) 255-1061 Cell jodiheck@cox.net Email	Sean Flynn, Associate Broker/Realtor                                      (520) 266-2544 Cell                                      sflynn64@yahoo.com Email
	Rio Verde Realty 3499 Canyon de Flores, Suite C Sierra Vista, AZ  85650