Tatum Ranch is a wonderful community located in Cave Creek, Arizona. It is a large planned community consisting of many smaller subdivisions. It was developed around the Tatum Ranch Golf Club and has housing options to meet everyone’s needs.
Below are two charts showing the 2012 home sales activity for Tatum Ranch in Cave Creek. Following the charts is more information on the community of Tatum Ranch.
This first chart looks at homes currently on the market in Tatum Ranch as of June 29, 2011. Inventory is pretty low for Tatum Ranch. Homes range from just under $190K to $440K. The average days on market is less than two months.
There are 29 pending sales currently, almost double the number of homes for sale.
2012 Home Sales in Tatum Ranch of Cave Creek
This second chart shows 2012 homes sales activity in Tatum Ranch year-to-date. Homes are selling at about a rate of 19 per month, which exceeds the active inventory. If you look at sales for Q1 versus year-to-date, you can see the average price per square foot is up and days on market are down.
More Information about the Tatum Ranch Golf Community in Cave Creek, Arizona
The overall community of Tatum Ranch includes about 3,400 homes. It is just north of the vibrant Desert Ridge area of North Phoenix, which is full of shopping, dining and entertainment options. However, Tatum Ranch has several commercial areas of its own with coffee shops, gyms, large grocery and drug stores, restaurants and bars and so much more.
Varied housing options mean there is something from everyone. Tatum Ranch offers everything from condos up to larger single-family homes.There are walking and exercise paths and green areas allover the community. The terrain is level, but residents enjoy lovely mountain views in the distance.
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/29/2012 and can change at any time. The analysis looks at single family home sales activity in the community of Tatum Ranch in Cave Creek, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson