This chart shows the sales history for Gainey Ranch real estate from the 1st quarter of 2003 up through the 3rd quarter of 2022 . . . . 19 years of pricing history. The go-go years of 2005-2006 drove average prices in Gainey up to a high of $375 per square foot. Then the market crash of 2008-2011 saw average prices drop back to $200 per square foot. The real estate recovery that began in 2011 has seen Gainey prices return by the summer of 2020 to a healthier $325 per square foot. That’s when the amazing Covid-19 real estate boom began all over the US. As you can see from the chart, by the 3rd quarter of 2022 average prices in Gainey Ranch hit the stratospheric level of $600 per square foot!
Gainey Ranch will continue to command a premium value driven by its marvelous central location and its wonderful resort amenities.
For up-to-the-minute Gainey Ranch real estate info, or for a personal tour of Gainey Ranch, please give me a call!
Frank Ellis
602-448-7793
Frank@FrankEllisHomes.com