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 Real Estate Market
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 […]
Scottsdale Luxury Home Market Performance – October 2008
– OCTOBER 2008 – Homes Priced Between $1,000,000 – $1,499,999 – Active Homes for Sale: The number of active homes in this price point in October dropped slightly to 543, a 0.9% decrease over September. The average number of homes on the market in this price range over the last 12 months is 642. – Pending Sales: There was another […]
Scottsdale Single-Family Home Resale Market – October 2008
The numbers for October 2008 are in and it was another disappointment for the Scottsdale real estate market. We have been seeing home sales and pending home sales trending down for a few months and now we are seeing the number of homes for sale inch up after several months of promising declines. Trend Analysis – […]
Home Values in the Phoenix Valley – A Useful Interactive Tool
AZCentral.com updated its “Median Home Prices for Valley ZIP Codes” tool with data through September 2008. This tool is a great resource that allows you to look at performance by zip code over the last five years. It allows you to search by “new homes”, “resale homes” and “all homes”. Not only will you see median home […]