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. – […]
Scottsdale Real Estate Market
Scottsdale Market Snapshot – Desert Mountain
Here is a snapshot of the year-to-date sales information for Desert Mountain in Scottsdale, Arizona. Data is as of 8/26/08 and was pulled via the Arizona Regional MLS (ARMLS). Homes for Sale 160 – Average Asking Price $2,682,733 – Average Square Feet 5,018 – Average Asking Price per Sq. Foot $506.63 – Average Days on Market* 308 […]
Four offers in this market?
Last week, I had something happen that I had not seen in a long time – 4 offers in on a house my client had made an offer on! Now, this is Arizona, one of the states that makes headlines regularly about the dismal state of the real estate market. Needless to say, I was not anticipating […]
The Luxury Condo Market in Greater Phoenix – July 2008
The numbers for July are in and the luxury condo market had a somewhat slow month in July. (Note: The luxury condo market is being defined as condos for sale for over $1 million.) These numbers are down quite a bit from May where there were 8 sales and 7 units pending. At the end of […]
Scottsdale Luxury Home Market – July 2008
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 July 2008, we are seeing some mixed results. However, some promising trends have been emerging, with results varying depending on the price range. – JULY 2008 […]
Scottsdale Real Estate Market Performance for Single-Family Homes – Through July 2008
Here are the most recent figures for the Scottsdale single-family home resale market. Sales dropped off a bit in July, but the number of active listings dropped again, which is good news. Trend Analysis – Scottsdale Single-Family Homes – Resale All Price Points 2007 2008 Sept. Oct. […]
Grayhawk Golf Club – Now on You Tube
Scottsdale Arizona’s Grayhawk Golf Club courses – Talon and Raptor – are already world-famous. Now, you can learn more about them via Grayhawk Golf Club channel on You Tube. The channel, which recently launched, has a collection of useful information about everything from the golf club itself to golf tips. A selection of the videos on […]
Scottsdale Single-Family Resale Market- June 2008
The numbers for June are in for Scottsdale’s single-family home resale market, and the news continues to be good. Once again, the number of active listings has dropped and the figure is now below the 4,000 mark at 3,941. The number of sales increased 7% over May to 321, continuing an upward trend that started […]
