Total sales in DMB’s exclusive Silverleaf community exceeded $175 million in 2014, a jump from 2013 sales of $120 million. Homesite and homes continued to increase in value in Silverleaf and 2014 saw stronger sales volume.
“Silverleaf delivers a value that goes far beyond the prices of the homes. Buyers here appreciate the unparalleled access to the McDowell Sonoran Preserve, and a lifestyle package that rivals great resorts. We continue to see referrals from homeowners drive sales here,” said Jim Hoselton, senior vice president at DMB, the development company behind Silverleaf. “There’s limited inventory in Silverleaf and the final neighborhoods of Sterling and the Village will open this year. The values here will continue to rise.”
The average price of a sold custom home in Silverleaf is nearly $3.22 million, a significant increase over 2013’s average of $2.28 million.
Deborah Beardsley, the associate broker for Silverleaf, sold more than $61 million in real estate in 2014, nearly one-third of all of the sales in Silverleaf this year. She has been consistently named as one of the top 10 agents in the Valley. “Our buyers make investments in Silverleaf homes knowing that there’s an appreciation in the market, and this community continues to increase in value. Silverleaf’s proven track record of quality and luxury attracts buyers from all around the country,” said Beardsley.
“An improving market overall impacts Silverleaf in unique ways. There’s limited inventory which has meant short sales windows for some homes. Every unit planned for the Village at Sterling was reserved by a Silverleaf owner before it opened to the public. When Sterling’s new condos open, we expect to see buyers moving quickly,” said Mike Sweeney, Designated Broker for Silverleaf Realty. “Buyers in Silverleaf recognize the value of the community. They understand that this investment will pay off not only with the enviable lifestyle but the homes’ values will appreciate as well.”
Coming in 2015, the Village at Silverleaf, a creative collaboration of Don Ziebell-Oz Architect, and Rod Cullum of Cullum Homes, will debut their villas and cottages located adjacent to the Silverleaf Club. Most of the villas and cottages in the Village are already under reservation.
There are also a limited number of Sterling Estate Villas remaining in the Sterling neighborhood. Two new models debuted this year in the Sterling Estate Villa neighborhood and there are still a few available.
This year, the Sterling condominiums will open for sale. With just five four-story buildings, this intimate enclave will offer every amenity a buyer every dreamed of, including innovative home technologies, professional concierge services and a robotic valet.
Here are some of the highlights from 2014:
• 43 homes closed in Silverleaf and 32 homesites were sold in 2014.
• The price per square foot on homes sold increased another 11% over 2013; the average price per square foot of closed homes in Silverleaf by Silverleaf Realty is $525 and $489 for other agents.
• Demonstrating confidence in this community, there are currently 10 spec homes under construction. Many of the spec homes are selling at the preconstruction stage or early stage of construction.
• Homesite prices experienced another increase in sale prices – 11% include for homes and 27% for homesites in Silverleaf.
The Silverleaf Club’s programs continue to elevate the spa. With a focus on wellness and vitality, the professional staff there oversees a variety of nutrition, strength, and health programs designed especially for members. Silverleaf is also home to a private Tom Weiskopf-designed championship golf course and a 50,000 square foot private club and spa. Silverleaf was the first private club in the region to introduce world-class spa facilities and a meditative labyrinth. Its hillside, rural Mediterranean design encompasses resort and lap pools; fully appointed men’s and women’s locker rooms; fine and casual dining; a golf shop and numerous outdoor gathering spaces all set in the foothills of the majestic McDowell Mountains.
