Here are October’s numbers for the luxury condo market, which is defined as condos for sale for more than $1 million. At the end of October, there were 93 luxury condos for sale throughout the valley.
There were three pending luxury condo sales and one sale in October. The unit that sold was a 3 bedroom, 3.5 bathroom, 2,975 square foot condo with gorgeous views in the Scottsdale Waterfront community. The pending sales were in Scottsdale’s Optima Camelview and Scottsdale Waterfront and Phoenix’s Esplanade Place.
| Valleywide – October 2008* | |
| For Sale: | 938 |
| Pending: | 3 |
| Sold: | 12 |
| Average Sale Price: | $2,100,000 |
| Average Price/Sq. Ft. Sold: | $705.88 |
Disclaimer:
Information herein deemed reliable but not guaranteed. Data was pulled from the Arizona Regional MLS (ARMLS) on 11/1/08 is subject to change at any time.
© 2008 Heather Tawes Nelson
