January 2009 was a mixed-performance month for single-family homes in Scottsdale. Sales in January 2009 took a dip relative to December’s sales numbers. However, pending home sales jumped back up to previous levels after falling in December. The number of active homes for sale also crept up in January, which is not surprising since many homeowners probably decided to […]
Scottsdale Real Estate Market
Greater Phoenix Luxury Condo Market – 2008 Recap
As we start a new year, I wanted to take a look back to see how the luxury condo market in Greater Phoenix performed in 2008. For this analysis, I looked at resale condominiums where the listed price was over $1,000,000. Active Listings at the End of 2008 As of January 1, 2009, there were 98 luxury […]
Scottsdale Real Estate Market – 2008 Performance
Here is a snapshot of Scottsdale’s 2008 performance for single-family resale homes. I have included total sales for 2008 as well as sales activity by price band. Overall, sales were off by 13% over 2007, which is not surprising given the economic challenges this market has been facing. The hardest hit price segments in 2008 were […]
Scottsdale Luxury Home Market – December 2008
Here are the December 2008 figures for the Scottsdale luxury home market. This analysis looks at single-family resale homes in Scottsdale priced $1,000,000 and above over the last twelve months. – DECEMBER 2008 – Homes Priced Between $1,000,000 – $1,499,999 – Actives: There were 518 active homes for sale, which is the lowest this […]
Scottsdale Single-Family Home Resale Market – December 2008
December 2008 was an interesting month for the Scottsdale real estate market. Sales numbers were back up as a whole, particularly in the lower-priced segments. Inventory was down significantly, due to increased sales activity as well as a very large jump in the number of expired listings. December Highlights: – The number of […]
Scottsdale Luxury Home Real Estate Market Update – November 2008
Here is November 2008’s update on the Scottsdale luxury home market. This analysis looks at single-family resale homes in Scottsdale. – NOVEMBER 2008 – Homes Priced Between $1,000,000 – $1,499,999 – Actives: There were 549 active homes for sale. This number has been increasing for the last few months, but is still less than the 12 […]
Scottsdale Single-Family Home Resale Market – November 2008
November was another challenging month for Scottsdale home sales. The number of homes for sale increased for the second month in a row and sales were down significantly. The good news is that pending sales were up over the prior month. November Highlights: Active Homes for Sale – The number of homes for sale went […]
Desert Highlands, Scottsdale AZ – 2008 Performance
Desert Highlands is a private, gated luxury golf community located in North Scottsdale, Arizona. Spread out over 850 acres, there are 560 homesites available. Originally developed by Lyle Anderson, Desert Highlands features an 18-hole Jack Nicklaus course and an elegant clubhouse. There is also a tennis facility, fitness center and spa and plenty of walking trails […]
