Monday, October 21, 2013
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DC Ranch, Home Sales, Homes Sold, Scottsdale, Arizona
DC Ranch, 85255, Complete Statistical Data on Homes For Sale, Homes Sold, Square Footages
DC Ranch was originally a cattle ranch with very little water..........
"E.O. Brown–DC Ranch’s First Anglo Settler
It all began early in the 1900s only a few years after nearby Fort McDowell closed, signaling an end to the unfortunate “Indian Troubles” of the late 1800s. The army moved out and the railroads and speculators moved in, promoting land almost free for the taking. Prospects for success and good health attracted entrepreneurs like E.O. Brown to the little agricultural town on the desert that was Scottsdale at the turn of the century.
In the spirit of that final frontier, Brown, a businessman who arrived from Wisconsin in 1901, laid claim to land that would grow over two generations into 43,000-acre DC Ranch. He acquired many of his original holdings from homesteaders to whom he generously extended credit at his general store. When severe drought drove them back to the cities and farms, they paid off their debts with waterless range land.
Brown was a practical businessman−he eventually ran Scottsdale’s general merchandise store, cotton gin, water company, and ice house — who understood that a dependable source of water was essential to success in the land and cattle business. When he and his family homesteaded, they chose a section of land near the only perpetual spring in the McDowell Mountains. Eventually he acquired that spring along with the Silver Leaf mining claim attached to it. He got it from the first white man to own it, O.R. Frazier, by whose name it was called on the maps of that time. Water from the spring was eventually piped to tanks all over the ranch. It is still producing a steady three gallons a minute within the boundaries of today’s DC Ranch community."
An excerpt from the History of DC Ranch....to see the full content of the website documenting the history.....Click Here
We see some interest information here, DC Ranch Homes overall have a median home value of $745,180, with a median list price of $750,000. Overall, the 1 months change in list price in DC Ranch has decreased by 8%, while in the past 12 months, the overall median list price in DC Ranch has increased by 37%.
Comparing the median list price in DC Ranch over the span of 3 years shows a relatively stable list price , roughly $675,000 while the homes for sale listing volume in DC Ranch has shown a steady decline over the same 3 year period.
The median sales price of homes in DC Ranch over a 3 year period shows a significant spike in 2010 and 2012, with a flattening out of the median sales price of homes in DC Ranch in 2013 being around the $2,000,000 mark.
Analyzing the sales volume in DC Ranch, we see that in the past three years it has been relatively constant, averaging around 20 home sales per month over the past 3 years.
We see that the majority of the homes sold in DC Ranch are either under the $600,000 sales price range or over $1,200,000.
With the sizes of the homes sold in DC Ranch being either in the under 2,600 square foot range or over 3,800 square foot range.
The bulk of the homes sold in DC Ranch will fall in the $200 per square foot to $350 per square foot range.
DC Ranch has approximately 3,120 residents with a median age of 46. 42% have a 4 year degree with 22% having a Post Graduate Degree.
DC Ranch has many components due to the size of the community. Specific Communities in DC Ranch include: Country Club at DC Ranch, Silverleaf at DC Ranch, Desert Parks Village at DC Ranch.
To search for the most current MLS Listings in DC Ranch, Click on this link.
By: Jeff McDowell, TOP DC RANCH REALTOR
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Location:
Scottsdale, AZ, USA
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