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Scottsdale AZ Single-Family Homes for Sale – June 2012

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Scottsdale AZ Homes for Sale June 2012

Below are the results for June 2012 Scottsdale Arizona home sales.

Each month, we look at three kinds of data. The first is current Scottsdale homes for sale, pending sales of homes and completed home sales. In the charts below, you can see how each of these items is performing month-to-month.

This first chart shows active, pending and completed Scottsdale home sales over the past year through June 2012.

Scottsdale AZ Homes for Sale Chart June 2012

 

This second chart looks at the percentage change between months regarding inventory for sale and home sales. For instance, the number of homes for sale on the market at the end of June was 4.5% lower than it was at the end of May.

Scottsdale AZ Homes for Sale June 2012

 

June 2012 Highlights for Scottsdale AZ Homes for Sale:

  • Active Scottsdale Homes for Sale: The number of homes for sale dipped again by the end of June to 1,298. This is the lowest I have seen this figure since I started tracking these items in the Fall of 2007.
  • Pending Homes Sales in Scottsdale: Pending sales dropped to 506 by the end of the month. This is still ahead of the 12 month average of 499. This drop is most likely due to restricted inventory as well as some seasonality.
  • Scottsdale Homes Sold: As we expected from May pending figures, home sales in June were lower at 493. This is still well ahead of the 12 month average of 424.
  • Sales Price to List Price: 95.5% – This is the second highest we have seen this ratio in the last 12 months. Home buyers on average saw a discount off of list price of less than 5%.

The Scottsdale real estate market saw decreases across the board in June. Inventory continues to shrink, which is impacting pending sales and therefore impacting home sales. On the positive side, this inventory restriction is leading to an uptick in home prices and values, which is good news for home sellers. The lower pending sales at the end of June forecast a slower sales month for July. We will also most likely see seasonal influences in play as well.

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Disclaimer: Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/30/2012 and can change at any time. The analysis looks at single-family resale homes for sale and home sales in Scottsdale AZ 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.
Copyright © 2012 Heather Tawes Nelson

Tatum Ranch in Cave Creek AZ – 2012 Home Sales Report

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Tatum Ranch Cave Creek AZ Golf ClubTatum Ranch is a wonderful community located in Cave Creek, Arizona. It is a large planned community consisting of many smaller subdivisions. It was developed around the Tatum Ranch Golf Club and has housing options to meet everyone’s needs.

Below are two charts showing the 2012 home sales activity for Tatum Ranch in Cave Creek. Following the charts is more information on the community of Tatum Ranch.

This first chart looks at homes currently on the market in Tatum Ranch as of June 29, 2011. Inventory is pretty low for Tatum Ranch. Homes range from just under $190K to $440K. The average days on market is less than two months.

There are 29 pending sales currently, almost double the number of homes for sale.

Tatum Ranch Cave Creek Arizona Homes for Sale

 

2012 Home Sales in Tatum Ranch of Cave Creek

This second chart shows 2012 homes sales activity in Tatum Ranch year-to-date. Homes are selling at about a rate of 19 per month, which exceeds the active inventory. If you look at sales for Q1 versus year-to-date, you can see the average price per square foot is up and days on market are down.

2012 Home Sales Tatum Ranch Cave Creek AZ

More Information about the Tatum Ranch Golf Community in Cave Creek, Arizona
The overall community of Tatum Ranch includes about 3,400 homes. It is just north of the vibrant Desert Ridge area of North Phoenix, which is full of shopping, dining and entertainment options. However, Tatum Ranch has several commercial areas of its own with coffee shops, gyms, large grocery and drug stores, restaurants and bars and so much more.

Varied housing options mean there is something from everyone. Tatum Ranch offers everything from condos up to larger single-family homes.There are walking and exercise paths and green areas allover the community. The terrain is level, but residents enjoy lovely mountain views in the distance.

Search Tatum Ranch Homes in Cave Creek Arizona

 

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/29/2012 and can change at any time. The analysis looks at single family home sales activity in the community of Tatum Ranch in Cave Creek, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Rancho Manana in Cave Creek AZ – 2012 Home Sales Report

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Rancho Manana Cave Creek Real EstateRancho Manaña is a charming, intimate and sought-after community nestled into the foothills of Cave Creek, Arizona. The community was developed around the Rancho Mañana Golf Club and many homes enjoy golf course and mountain views. The rolling desert terrain is quite beautiful and makes you feel like you are “away from it all” when, in fact, many amenities are a few minutes away.

Below is a review of home sales activity in Rancho Mañana for 2012 followed by more information about Rancho Mañana itself.

This first chart looks at active homes on the market and pending sales in Rancho Mañana. As you can see, inventory is very limited and on the higher end of the price range for the community. There is a single pending sale.

Rancho Manana Cave Creek Arizona Homes for Sale 2012

This next chart looks at 2012 home sales activity in Rancho Mañana through June 29th. A couple of homes are selling per month although that is most likely artificially constrained by limited inventory. Average home sales prices are falling in the $500K range.

Rancho Manana 2012 Home Sales Cave Creek Arizona

 

About Rancho Mañana Golf Community in Cave Creek, Arizona
As mentioned previously, Rancho Mañana is an intimate community. It appeals to residents who want to experience the natural beauty of the location, but still want to be close to things to do. Many homes have prime locations overlooking the golf course and others enjoy the beautiful desert landscape and mountainous backdrop.

The Rancho Mañana Golf Club is a main focus of the community. It is an award-winning public course that has been named a “Place to Play” by Golf Digest. People can play by the round, or there are several levels of memberships, including a seasonal resident membership.
Rancho Mañana is also home to the Tonto Bar and Grill. The Tonto Bar and Grill is a well-known area establishment that serves up delicious award-winning Southwestern and Native American Food.
Also on the property is the Rancho Mañana Resort and Spa. It recently re-opened and offers villa rentals and many amenities.

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/29/2012 and can change at any time. The analysis looks at single family home sales activity in the community of Rancho Manana in Cave Creek, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Dove Valley Ranch Cave Creek AZ – 2012 Home Sales Report

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Dove Valley Ranch Homes in Cave Creek AZDove Valley Ranch is an 850 acre community located in Cave Creek, Arizona, just north of Phoenix and west of Scottsdale. Dove Valley Ranch is a well-designed planned community where residents can choose from many of the subdivisions, some that overlook the golf course. It is in close proximity to plenty of shopping, dining and entertainment, but you still get to enjoy the beautiful desert and mountain views.
Below are some charts showing 2012 home sales activity in Dove Valley Ranch and at the end of this post, there is some additional information on the Dove Valley Ranch community and golf club.
This first chart looks at the homes currently for sale in Dove Valley Ranch as well as pending sales. At this time, there are only three homes for sale. That is the lowest I have ever seen it. Conversely, pending sales are very strong at 18.
Dove Valley Ranch Cave Creek AZ Golf Homes for Sale
2012 Dove Valley Ranch Home Sales through June 28th
This second chart looks at home sales activity in Dove Valley Ranch year-to-date. Home sales have been strong and the second quarter of 2012 has had more sales already than in Q1. Additionally, you can see that the average cost per square foot has moved up a little and average days on market have decreased.
 2012 Dove Valley Ranch Cave Creek AZ Home Sales
 
About Dove Valley Ranch Golf Community in Cave Creek, Arizona
Dove Valley Ranch is a popular place to live because it offers a little something for everyone. Many of the neighborhoods are gated, there are miles of walking and exercise trails, open area and green spaces to enjoy and so much more. Housing options range from condos and townhomes up to single family homes.
The Dove Valley Ranch Golf Club is the centerpiece of the community. It is a beautiful public course that people love to play. If you plan to play it a lot, there are several levels of memberships you can buy into.
Dove Valley Ranch is a couple of minutes away from the center of Cave Creek. Visiting downtown Cave Creek is a lot of fun and you can spend a day shopping in one of the many unique boutiques and galleries, having a casual or upscale meal or even just channeling your “inner cowboy”.

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/28/2012 and can change at any time. The analysis looks at single family home sales activity in the community of Dove Valley Ranch in Cave Creek, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

The Landmark Scottsdale AZ – 2012 Luxury Condo Sales Report

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The Landmark Luxury Condos Scottsdale AZThe Landmark is a luxury condominium community in the Kierland neighborhood  of North Scottsdale. It is steps away from the Kierland Commons shopping and entertainment complex as well as the Scottsdale Quarter development. Living in The Landmark means you can truly enjoy a “pedestrian lifestyle” and will not need to rely on your car as much to get you around.

Below are two snapshots of The Landmark’s condo sales activity for 2012. At the end of the post is more information about The Landmark.

This first chart looks at the current inventory of condos for sale as well as the single pending sale. There is not a lot of inventory available at this point. Prices range from $339,950 for a 2 bedroom, 2 bathroom, 1,606 square foot unit on the second floor to $2,650,000 for a 4 bedroom, 3 bathroom, 3,946 square foot penthouse.

Landmark Scottsdale AZ Luxury Condos for Sale

 

The Landmark Condo Sales – Through June 27, 2012

The first quarter of 2012 was excellent for condo sales at The Landmark. Seven units sold in various price points. The second quarter was much slower with only two sales on opposite sides of the price spectrum.

The Landmark Scottsdale Sales June 2012

More Information About The Landmark in Scottsdale, Arizona 

As mentioned above, The Landmark is one of the premier luxury condominium communities in Scottsdale. Besides being walking distance to Kierland Commons and the Scottsdale Quarter, it is also to the Westin Kierland Resort and Golf Club. This proximity means many of the condos overlook the golf course. And condos on the other side enjoy great mountain views.

Some of the luxurious amenities The Landmark offers are:

  • Full-time concierge to handle your requests from tee times to travel planning
  • Clubhouse for Residents with Indoor and Outdoor Seating
  • Pool and Spa
  • Wine storage for residents
  • Fitness center and steam room
  • 24-hour guarded entry
  • Full-time porter
  • BBQ Areas

The homes were built using top of the line materials and all of the condos have 10-11 foot ceilings and patios that can accommodate seating for dining al fresco. The Landmark is truly a great community for the North Scottsdale luxury condo buyer.

Search The Landmark Luxury Condos for Sale

Image was shared with me by the Landmark marketing department. Copyrights remain with Landmark.

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/27/2012 and can change at any time. The analysis looks at home sale activity in the community of The Landmark in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Optima Camelview Village in Scottsdale AZ – 2012 Home Sales Report

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Optima Camelview Scottsdale AZ Condo SalesOptima Camelview Village is a landmark condo development in downtown Scottsdale, Arizona. It stands out from the landscape based on its sleek glass and steel exterior with overflowing greenery everywhere you look. The various buildings range in height in 6 and 7 stories and are designed in a way that they look to be interlocked. People are immediately drawn to Optima Camelview based on its design elements and fabulous central location.

Below are two charts that look at condo sales activity in Optima Camelview for 2012. Following the charts is more information about the Optima Camelview community.

The first chart looks at units on the market as well as the condo sale that is currently pending. Unit prices currently range from $299,900 for a 1 bedroom unit with 952 square feet, up to $1,195,000 for a 3 bedroom, 2 bathroom unit with 2,439 square feet.

Optima Camelview Pending Condo Sales Scottsdale AZ

Here is a look at Optima Camelview Condo Sales in 2012. It is broken into Q1 2012 as well as all condo sales year-to-date through June 25th.  Sales in Q2 2012 have surpassed sales in Q1. The average sales price has moved up as well as the average sales price per square foot.

 

Optima Scottsdale Condo Sales through June 2012

 About Optima Camelview Village in Scottsdale, Arizona

The units are designed with 9- foot ceilings, granite countertops and high-end appliances. All units come with private terrace areas that vary by size and shape by for each unit. These terraces are pre-planted with local fauna and require minimal maintenance. Greenery is a huge feature at Optima Camelview, which features plant-filled “eco-roofs” on each building to reduce the effects of urban heat islands.

Residents enjoy an onsite concierge as well as an extensive fitness center, pools and meeting and party areas.  The fitness center features an indoor lap pool, basketball court, racquetball courts and many machines and free weights.  Outside, there are a few outdoor pools with spas and BBQ areas as well as infinity-edge spas.

The ground floor/main level of Optima not only is home to several condo units, but there is also a good selection of retail and entertainment., including an eco-friendly salon, dry cleaners and modern furnishings. In addition, there are two restaurants on-site including Posh, a sleek “improvisational menu” restaurant and Nourish, with tasty and healthy offerings.

Optima Camelview is across the street from the well-known Fashion Square Mall as well as the vibrant Scottsdale Waterfront area and Old Town Scottsdale with its boutiques, restaurants, entertainment and more.

Search Optima Camelview Condos for Sale

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/25/2012 and can change at any time. The analysis looks at home sale activity in the community of Optima Camelview Village in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Kierland Plaza Lofts, Scottsdale AZ – 2012 Home Sales Report

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Kierland Plaza LoftsThe Kierland Plaza Lofts have always enjoyed one of the best locations in Scottsdale. Next to and overlooking the Kierland Commons shopping, dining and entertainment district, the Kierland Plaza Lofts allow homeowners to have it all within walking distance. With the somewhat recent opening of the Scottsdale Quarter complex across the street, residents now have even more choices just moments away, and no car is needed.

Below is a real estate report that looks at what is for sale at Kierland Plaza Lofts in Scottsdale as well as sales -to-date in 2012.

This first chart is current units for sale. The least expensive units are on the ground floor and start in the $400K’s. In the $500-$750K range, you can secure a unit on the third or fourth floors. For the best views and the largest floorplans, units start at just over $1.1M and are located on the seventh and eighth floors.

Kierland Plaza Lofts Scottsdale for Sale June 2012

Kierland Plaza Lofts – 2012 Sales
Westin Kierland Scottsdale Golf CourseLoft sales activity at Kierland Plaza Lofts has been quite brisk in 2012. In Q1 2012, five units sold with an average sales price of $1,342,000. If you look at Q2 2012 sales through June 22nd, another seven units have sold. One of the sales was for a 3,919 square foot penthouse which went for $2.7M.

Interestingly enough, the higher-priced, larger units have been selling more frequently than the lower-priced units. Typically, you see the lower-priced units selling a bit more quickly.

Kierland Plaza Lofts Scottsdale 2012 Sales

 

About Kierland Plaza Lofts

The Kierland Plaza Lofts are on the north side of the 38 acre Kierland Commons mixed-use development. Walk to over 50 retailers, 15 or more places to grab a bite to eat or drink and enjoy seasonal concerts and events in the central square.

In addition to the great Kierland Commons offerings, you are across the street from even more shopping and dining at the Scottsdale Quarter. In the mood for golf? The Westin Kierland and its great course are just across the street in the other direction.

Not only are the Kierland Plaza Lofts beautifully built and designed, but you get to be a part of the dynamic Kierland Scottsdale lifestyle without ever having to get into your car.

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Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/22/2012 and can change at any time. The analysis looks at home sale activity in the golf community of Kierland Plaza Lofts in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

Ancala Scottsdale, Arizona – 2012 Home Sales Performance

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Scottsdale Desert Homes AncalaAncala is a wonderful, guard-gated golf community located in central Scottsdale, nestled into the Mc Dowell Mountains. Housing options range from production homes with more compact floorplans up to gorgeous custom hillside estates. The Ancala Country Club features an 18-hole, recognized course developed by Dye.

Here is a look at home sales activity in Ancala for 2012. The first chart looks at homes currently on the market as well as pending home sales.

Ancala Scottsdale Homes for Sale 2012

This second chart looks at Ancala home sales in 2012. It includes activity from Q1 2012 as well as year-to-date sales through June 18th.

Ancala Golf Home Sales 2012

As you can see, the pace of sales between Q1 and Q2 is almost identical. The average sales price and cost per square foot has increased between Q1 and Q2, most likely helped by the very large sale ($3.2M) in Q2. What is interesting to note is that the average pending sales price and average sales price are above $1 million. In many communities, we have been seeing sales being more heavily weighted toward the lower-priced  inventory. This is good news for Ancala homeowners.

More Information about Ancala Golf Community in Scottsdale
Ancala is a wonderful community in central Scottsdale. Because the community was built within the Mc Dowell Mountains, many homes in Ancala have amazing city lights and valley views. Ancala is guard-gated and centrally-located to great shopping, dining and entertainment.

Residents of Ancala have access to the Ancala Park which offers a variety of amenities including a play area and swing set, basketball hoops, BBQs, picnic tables and more.

Like many Scottsdale golf communities, you do not have to be a member of the Ancala Golf and Country Club to live in Ancala. However, many residents opt to become members to take advantage of the challenging, yet fun golf course, the tennis complex, pool and fitness center. The Clubhouse has a very active social calendar as well. Golf and social memberships are offered to potential members.

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Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 6/18/2012 and can change at any time. The analysis looks at home sale activity in the golf community of Ancala in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson

 

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