Scottsdale AZ Real Estate & Lifestyle

Live Better in Scottsdale - eXp Realty

Heather Tawes Nelson

Scottsdale Quarterly Real Estate Performance by Zip Code – Through Q1 2010

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Troon Village Scottsdale AZThe Arizona Regional MLS (ARMLS) in conjunction with the National Association of REALTORS® (NAR) has just released the latest quarterly statistics for Scottsdale AZ real estate broken out by zip code. This most recent release goes through the first quarter of 2010.

This analysis tracks the real estate performance of the current quarter as compared to the same quarter one year prior. I have consolidated these quarterly reports from Q1 2007 through Q1 2010 for all of the Scottsdale zip codes as well as Carefree and Paradise Valley.

Click to see the analysis that covers the last thirteen quarters of Paradise Valley, Carefree and Scottsdale’s real estate performance.

Mirabel Scottsdale, Arizona – 2010 Home Sales Performance

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Mirabel Scottsdale AZ Golf HomesThe Mirabel Club is a beautiful, 713 acre luxury golf community located in North Scottsdale. Mirabel’s elevation is around 3,000 feet, so many homes and homesites have excellent views of Pinnacle Peak and the city lights of Phoenix and Scottsdale.

Here is the information for the first quarter’s home sales in Mirabel. I have also included the April 2010 sales results for Mirabel real estate as well.

 

Mirabel 2010 Home Sales Q1

About The Mirabel Club:
Mirabel is a private, guard-gated, golf community in Scottsdale with homes nestled into the gorgeous, hilly desert landscape and dotting the golf course. There are a total of 300 homesites spread out over Mirabel’s 713 acres. Most of the homes are custom homes, but there a few production homes located close to the clubhouse. Although you do not have to be a member to live in Mirabel, the private Mirabel Club is home to an 18-hole Tom Fazio golf course, a gorgeous clubhouse, spa and pool. Both golf and social memberships are available.

View Mirabel 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  (Q1) and 5/1/2010 (April 2010) and can change at any time. The analysis looks at home sale activity in the golf community of Mirabel in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2010 Heather Tawes Nelson

The Boulders – Carefree & Scottsdale, Arizona – 2010 Home Sales Performance

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The Boulders Golf Community and Resort Scottsdale AZThe Boulders golf community and resort is known around the world for the enchanting rock formations for which it is named. Located in Carefree and Scottsdale, Arizona. If you are looking for a home in a luxury resort community with top-of-the-line amenities, The Boulders may be for you.

Here are The Boulders home sales figures for the first quarter of 2010 and the month of April.

  The Boulders Carefree & Scottsdale AZ Home Sales Q1 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About The Boulders:
The Boulders is a lovely, guard-gated golf community in North Scottsdale and Carefree Arizona. Home sizes vary from smaller patio homes up to villas and custom homes on one of the two golf courses. It is home to The Boulders Resort and the  Golden Door Spa.  Its location is wonderful in that you are minutes away from shopping, dining and entertainment in Carefree and Scottsdale, but once you are on property, you feel like you are far away from it all. The Boulders Club is homes to two golf courses that were designed by Jay Morrish and an extensive tennis complex. Golf and Social memberships are available.

Search Homes for Sale at The Boulders

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 4/1/2010  (Q1) and 5/1/2010  (April data) and can change at any time. The analysis looks at home sale activity in the golf community of The Boulders  in Carefree and Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2010 Heather Tawes Nelson

Desert Mountain, Scottsdale AZ – 2010 Real Estate Sales Performance

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Desert Mountain Scottsdale Sonoran ClubhouseDesert Mountain in North Scottsdale is a premier golf community in Scottsdale Arizona. The community is spread out over 8,000 acres and hosts six challenging golf courses and six elegant clubhouses. Desert Mountain backs up to national forest land and has some of the most amazing valley views around.

Below are the results for the first quarter of Desert Mountain’s 2010 Home Sales as well as April 2010 home sales information.

Desert Mountain Q1 2010 home sales

About Desert Mountain:
Desert Mountain is a private luxury golf community located in Scottsdale. There are many different neighborhoods within Desert Mountain and a large number of homes enjoy golf course views of one of the six courses. Desert Mountain has a wide variety of homes, from attached cottages to expansive custom homes. On top of the six golf courses, there are six clubhouses, a tennis complex, a fitness and spa center, a trail system and a swim complex. Desert Mountain is a wonderful community with so much to offer.

View Desert Mountain 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  (Q1) and 5/11/10 (April 2010) and can change at any time. The analysis looks at home sale activity in the golf community of Desert Mountain in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2010 Heather Tawes Nelson

Scottsdale AZ Luxury Home Market – April 2010

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42398 N 102st luxury home ScottsdaleHere are April 2010’s sales results for luxury home sales in Scottsdale AZ. I am defining the luxury home market as single-family resale homes in Scottsdale priced at $1,000,000 and above. The time period for this analysis looks back over the last 12 months.

– April 2010 Scottsdale AZ Luxury Home Sales –

Homes Priced Between $1,000,000 – $1,499,999
– Actives: At the end of April, there were 350 active homes for sale in Scottsdale in this price point. Inventory was down 8.9% over March’s 384. However, my guess is the bulk of the decrease inventory was due to price reductions bringing the home’s prices to under $1M. The 12 month average is 376.
– Pendings: There were 32 pending home sales at the end of the month, which is a good performance. It is ahead of the 12 month average of 29.
– Sold: Only 11 homes sold in April. This is the worst sales performance in 12 months and the last time it was this low was March of 2009. The 12 month average is 20 home sales.
– Sales Price to Listed Price: 87.6% – This is pretty average for this figure.

 

 Homes Priced Between $1,500,000 – $1,999,999
– Actives: There were 220 homes on the market at the end of April in this price range. This figure has been decreasing over the last couple of months and is trailing the 12 month average of 239.
– Pendings: Seventeen home sales were pending. This is the same as it was at the end of March and is equal to the 12 month average for pending home sales.
– Sold: Only 8 homes sold in April. The last time this figure was this low was November of 2009. This is below the 12 month average of 11 home sales per month.
– Sales Price to Listed Price: 86.2% – This is pretty typical in this price range.

 

Homes Priced Between $2,000,000 – $2,999,999
– Actives: 186 homes were in the market priced in the $2-$3 million range. This is the first time this figure has dropped below 200 since I started tracking this data in September of 2007. The twelve month average is 235 active homes.
– Pendings: Nine homes were pending sale at the end of the month, which is on track with the 12 month average of 9.
– Sold: There were seven home sales in April. This the lowest this figure has been since December of 2009, but is on target with the 12 month average of 7 home sales.
– Sales Price to Listed Price: 89.2% – This is the highest this ratio has been since October of 2009.

 

Homes Priced $3,000,000+
– Actives: Homes on the market in the $3 million and above range continue to decrease. At the end of April, there were 130 homes for sale, the lowest it has been since I started tracking in September of 2007. The 12 month average is 154.
– Pendings: Six homes were pending at the end of the month, which is the highest this figure has been since March of 2009. This is twice the 12 month average of 3.
– Sold: There were four home sales in April, which was a strong performance. This is twice the 12 month average of 2 home sales.
– Sales Price to Listed Price: 81.4% – This is pretty standard for this price segment, which tends to have quite a bit of volatility.

 

As you can see, the results vary quite a bit between the price segments. Inventory continues to decline among all of the price segments. But as I mentioned previously, I believe price reductions are playing a factor in the decrease in the number of homes. In April, the $3 million and up price segment was the best performing as far as pending and actual sales. The other price segments saw a disappointing decrease in sales, and mixed results on pending sales.

To see the detailed data behind this report, please visit my Scottsdale luxury real estate market reports page and click on the “Scottsdale Market Trends” report.

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 5/1/2010 and can change at any time. The analysis looks at single-family resale homes in Scottsdale over the last 12 months. There may be new home inventory in these figures if the developer is using the MLS to market its homes. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2010 Heather Tawes Nelson

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