Desert Highlands is a well-known, luxury golf community in Scottsdale, Arizona. Its great location in the foothills of Pinnacle Peak translates to amazing valley views for its residents. Homeowners enjoy many activities offered by the club and are minutes away from great shopping, dining, entertainment and more.
Here are the 2010 home sales figures for Desert Highlands as well as home sales data for 2011 to-date. Home sales were pretty even throughout the year with about 5 homes being sold per quarter. We saw a large decline in average sales price in Q4. This could be due to end-of-year bargain hunters and sellers looking to offload their properties prior to the new year. In Q3 and Q4 buyers were able to negotiate average discounts of over 20% off of asking prices.
Here is a comparison of the last three years of home sales at Desert Highlands Scottsdale. As you can see, overall sales volume was up, but on average you were able to get a lot more square footage for a lower price per square foot in 2010 versus the other two years. As a result, we have also seen the average sales price of a home decline.
2011 Desert Highlands Homes for Sale and Home Sales through March 23, 2011
Here are the current homes on the market, pending home sales and actual homes sold to-date for Desert Highlands in 2011. Sales so far this year are on track with what we saw in a few quarters last year. Average sales price is still lower than we saw for most of last year, but improved over Q4 of 2010.
About Desert Highlands in Scottsdale, Arizona
Desert Highlands is spread over 850 acres with 560 homesites. It was developed by Lyle Anderson over 25 years ago and is an established, elegant golf community.
The homesites are situated to take advantage of mountain views or city lights views. Pinnacle Peak is just north of the community and provides some amazing vistas. Desert Highlands homeowners are all members of the private Desert Highlands Golf Club and can enjoy all of the excellent amenities it has to offer, including the 18-hole Nicklaus golf course, an onsite activities coordinator, tennis, an expansive fitness center, swimming pools and so much more.
View Desert Highlands Scottsdale Homes for Sale
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 4/1/2010, 7/1/2010, 10/1/2010, 1/1/2011 and 3/23/2011 and can change at any time. The analysis looks at home sale activity in the golf community of Desert Highlands in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2011 Heather Tawes Nelson
