September 2008’s numbers for the Scottsdale single-family resale market are in. September was another month where we saw a decline in sales and pending sales, but inventory is still not increasing, which is a positive. September Highlights: The number of active homes for sale was flat from August at 3,839, which is still lower than […]
Gorgeous 1.26 Acre Hillside Lot – Troon Village, Scottsdale, Arizona
This beautiful 1.26 acre cul-de-sac lot is located in the Windy Walk area of Troon Village, a fabulous guard-gated golf community. The lot is nestled into the hillside and features stunning boulder formations and spectacular views in all directions. The northern portion of the lot borders natural open space (NAOS) which makes the lot feel even larger than it […]
Scottsdale Market Snapshot- Grayhawk – 2008 Performance through September
Below is the year-to-date sales performance for the community of Grayhawk located in Scottsdale, Arizona. The information was pulled from the Arizona Regional MLS (ARMLS) as of 9/24/08 and is broken out by single-family home performance as well as by condo and townhome performance. Grayhawk Single Family Homes Homes for Sale 80 – Average Asking Price $1,196,335 […]
The Luxury Loft Market in Greater Phoenix – 2008 Performance
While loft living has been a tradition in many metropolitan areas for years, we are starting to see a lot of recent growth in the Greater Phoenix area. I define luxury lofts as those for sale for more than $1 million. There are several luxury loft projects sprinkled throughout the area, including downtown Phoenix, downtown Scottsdale […]
Overview of the Greater Phoenix Luxury Condo Developments
– Luxury Condos in Scottsdale and Phoenix – A relatively recent addition to Greater Phoenix and Scottsdale has been the introduction of large luxury condo developments offering top-of-the-line amenities and a new way to enjoy desert living. The most notable developments have gone up in the new Scottsdale Waterfront area as well in the heart of the […]
Greater Phoenix Luxury Condo Market – August 2008
Here are August’s numbers for the luxury condo market in Greater Phoenix. I am defining the luxury market as condos for sale for more than $1 million. At the end of August, there were 105 luxury condos for sale throughout the valley. Fifty-three of these condos were in Scottsdale, thirty-six of them were in Phoenix, and […]
Scottsdale Single-Family Home Market Performance – August 2008
The numbers for August 2008 are in and they are not as strong as they have been in recent months. For several months, we had positive sales momentum, but that seems to be tapering off. Trend Analysis – Scottsdale Resale Single-Family Homes. All Price Points. 2007 2008 Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. […]
Scottsdale Luxury Home Market Performance- August 2008
August 2008 resulted in a mixed performance for the Scottsdale single-family resale luxury home market. – AUGUST 2008 – Homes Priced Between $1,000,000 – $1,499,999 – Actives: There were 531 actives, which is lowest level we have seen since before I started tracking this information last September. The average over the last 12 months has been 602. – […]
