2011 Verrado Custom Homesite update – The custom homesite market seems to be stabilizing in Verrado. The market is trending toward more traditional sales and away from the distressed sales such as bank owned and short sales. Of the 18 home sites sold on MLS in 2011 only 2 were distressed. Meanwhile as of 1/26/12 there were 18 Active listings of which only 2 are distressed and 7 Pending homes of which only 1 is distressed. Pricing appears to be moving up as well. Seven home sites sold through MLS for $100,000 or more in 2011. One custom home site closed this January at $240,000 and 3 are pending with a list price of over $100,000. If you would like a list of available custom homesites either here in Verrado or in the west valley please contact me at firstname.lastname@example.org or 623-910-1733.
2011 Verrado Custom Homesite update