In September of 2007, I started compiling data on the Scottsdale luxury home market broken into price ranges. (Note: The data is for single-family resale homes.) As of April 2008, some promising trends have been emerging, with results varying depending on the price range. – APRIL 2008 – Homes Priced Between $1,000,000 – $1,499,999 – Actives: There were […]
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102 Edward Ayer, Forest Highlands, Flagstaff, AZ 86001
Located in the exclusive golf community of Forest Highlands in Flagstaff, Arizona, 102 Edward Ayer Road is a spectacular custom golf home with many “green” and “healthy” features. This 5 bedroom, 4 bathroom home overlooks the 4th and 5th holes of the Canyon Course, which is ranked the #1 course in Arizona. This home was built to […]
Scottsdale Real Estate Market Performance for Single-Family Homes- Through April 2008
The April numbers have posted and the results for Scottsdale single-family resale homes April 2008 continue to improve. Trend Analysis – Scottsdale Single-Family Homes – Resale All Price Points 2007 2008 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Avg. Active 3,761 […]
Scottsdale’s Most Luxurious Condo Developments – Optima Camelview Village
The Optima Camelview Village is a luxurious, unique development located in the heart of Scottsdale and stands out because of its blend of modern and “green” design. As you approach the development, you see floor-to-ceiling glass windows, stone panels, steel and verdant greenery cascading down from each level. Located on a prime 14 acres on the corner […]
Scottsdale Real Estate Market Performance for Single-Family Homes- Through March 2008
Every month, I look over the previous month’s active, pending and sold data to see if I can identify any trends in the Scottsdale single-family existing-homes market. I look at it from a global perspective as well as a “price band” perspective. March’s information uncovered some promising-looking trends when compared to previous months. Here is […]
Scottsdale’s Most Luxurious Condo Developments – The Landmark
In my last post, I talked about the sharp increase in luxury condo developments in the Scottsdale/Phoenix area. I recently had the opportunity to tour one of these developments, The Landmark, located in Scottsdale, Arizona. The Landmark is located at Kierland in North Scottsdale. It fully embraces the “pedestrian lifestyle” and is a quick walk […]
The Million Dollar Plus Condo Market in Scottsdale
Yesterday, I had the opportunity to hear Ed Lewis, the developer for The Landmark, speak on the luxury condominium market in Scottsdale and the surrounding areas. The luxury condo market, loosely defined as a project where a condo has sold for $1 million or more, is relatively new to the Phoenix/Scottsdale area. According to Ed, […]
Phoenix/Scottsdale and Surrounding Areas – Year-Over-Year Performance by Zip Code
The housing industry has been on the forefront of most people’s minds over the last several months – and with good cause. Prices have been dropping, foreclosures are rising and credit has gotten tighter. Yet, while almost everyone is feeling the pinch, the bad news is not universal. Each market in terms of real estate […]