Camp Verde Arizona: Real Estate Market

The average sales price of homes in Camp Verde Arizona in 2007-2008 was 464,000. It piked to 580,000 in years 2008-2009. The total numbers of available homes for sales were 189 in October 2009. The large numbers of home sales were made by outright loan repayment or foreclosures. Foreclosures made up 63% of the total or 120 real estate properties. Resale homes were 69 in number. New homes in real estate properties are indicators of growth in a suburb, town or locality, whereas foreclosures are a sign of home buying failures. Foreclosures in the present housing market are good opportunities for investment. These properties are capable for providing better sales in the future. 72% of houses in the Camp Verde area are owned, whereas 18% are rented. Houses for sale or rent are 9% of the total. The percentage of house listings gives an idea of the strength or weakness of a market. Home appreciation values indicate whether the market is improving or declining. The appreciation rate in 2009 was 8.7. The median value is the actual worth of a home in an area. The median value of homes in Camp Verde was $296,100. The average value of homes in Camp Verde in October 2009 was $189,001. The average monthly rent in Camp Verde was $844.

The types of homes available in the Camp Verde area are single family homes, town homes, condos, land sales, mobile homes, farmlands, multi family homes, and others. The types of home sales in Camp Verde are resale homes, foreclosures, new homes, and FSBO. A single family home comes with a 2 bedrooms, 2 bathroom, laundry area, and storage. Camp Verde single family homes are ranches. A farm house is usually situated in a many acred farm land. The homes are modular with lighted steel barn structures; an 8 stall barn area, fly sprayed with tack room and hay storage. A shop with equipment storage, heated water, 2 lined duck ponds, and grass coral with fences. River front parcels are full size homes with 3 bedrooms, a full kitchen, living room and porch area. An enormous barn with four indoor stalls is also a bunk house for many. Horse pastures with Pecan orchards of producing trees is fully developed for improving the beauty of the property. Roping arenas with cowboy stands and announcer’s stage are perfect for Saturday night entertainment or for general cattle roping sport. Liveable homes with large 1200 square feet double garages and workshop, 500 square feet in-law quarters, storage cabinets, and 3 bedroom/2 baths with formal dining, bay window and breakfast area. Kitchen with beautiful Oak cabinetry with built-in appliances, cook top and double oven are also available. Pipe rail backyard fencing, fruit trees and large garden area are other features.

Prices of single family homes range from $2,300,000 for a simple 3 bedroom/2 bath ranch house to $1,290,000 for a luxury house. Sedona Luxury Real Estate professionals are a known luxury real estate broker in Cape Verde. Luxury homes have guest suites with the main master suite, a burning fireplace, gourmet kitchens, granite counters, marble guest baths, and hardwood flooring. Country homes with irrigated 2 acre properties with bedroom/bath, bay windows, attached double garages, kitchens with Oak cabinetry, covered back patio area, wood fireplace and hot springs spa, pipe rail backyard fencing, 10 feet ceilings and attached fans retail for $735,000. Luxury country homes are

 Stone based or built-in stone, with outdoor kitchen, hot tub, RV cover, dump and electric ready. Two garages, attached to the main home. An in-house executive style office with built-in desk, library and safety locker. Granite slabs line the master bath and shower walls. A gourmet kitchen might be an addition. All this retails for $680,000. Large family homes have outdoor space, granite tops in the kitchen, a fireplace in the living room, a garage for boats, and lawn mowers. A workshop area is part of the detached garage. This home is meant for large families with relatives and folks dropping in overnight. This home retails for $599,000. It is brokered by Ihouseweb and agent is Greenfield and Weems. River front homes are 2 level homes, with hand made river rock fireplace, solid wood floors, and root cellar basements. The kitchen is cottage type with Wedgewood tile and bright red pendant lighting. This home