DC Ranch Annual Report 2023
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REAL<br />
ESTATE<br />
HOME SALES AND PROPERTY VALUES REMAINED STEADY IN <strong>2023</strong>. WHILE ONLY FOUR<br />
CUSTOM HOMES WERE COMPLETED, MANY OTHER AREAS WITHIN <strong>DC</strong> RANCH SAW<br />
ACTIVE CONSTRUCTION AND COMMERCIAL GROWTH.<br />
Legacy at <strong>DC</strong> <strong>Ranch</strong>, a nine-lot subdivision by Camelot Homes, broke ground<br />
on their first model home. Adjacent to The Villas at Desert Park Village on<br />
its eastern border, pre-sales resulted in four homes being sold. Access to<br />
the property will be from Union Hills.<br />
On the northeast corner of Legacy Blvd. and just east of Pima Rd., construction<br />
began on two commercial buildings that are part of <strong>DC</strong> <strong>Ranch</strong> Crossing.<br />
Ingress and egress will be provided by an extension of the traffic light on<br />
Legacy Blvd. and 91st St., allowing traffic to go north into the development.<br />
Sales for the ICON at Silverleaf condominium project continued to be strong.<br />
More than 23 condos sold in <strong>2023</strong> and 29 more were in escrow. Of the eight<br />
total buildings, four are complete and four are under construction.<br />
The <strong>DC</strong> <strong>Ranch</strong> Corporate Center had seven buildings completed or approved<br />
for construction. Completion of the Center is anticipated within the coming<br />
year or shortly thereafter.<br />
Property sale breakdown:<br />
VILLAGE AVERAGE SALES PRICE HOMES SOLD<br />
<strong>2023</strong> 2022 <strong>2023</strong> 2022<br />
Desert Parks $1,184,413 $1,187,938 38 42<br />
Desert Camp $1,487,353 $1,125,580 46 46<br />
Country Club $2,999,136 $2,807,700 28 35<br />
Silverleaf $5,544,319 $5,548,760 52 50<br />
SILVERLEAF
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