In April of 2008, the Fortune Small Business magazine published a list outlining the “100 Best Places to Live and Launch” in the United States. The winners were rated on lifestyle as well as business climate for small business owners. Scottsdale came in at number 25. According to the magazine, Scottsdale ranked high on culture, nightlife, […]
Scottsdale Real Estate Market
Scottsdale Luxury Condo Market Performance Year-to-Date
Previously, I wrote a post on the million-dollar plus condo market in Scottsdale and the surrounding areas. Curious to see how the luxury condo segment has been performing in 2008, I pulled some data* to review. Phoenix Valley Overview To start, I looked at the information from a Valleywide perspective. Currently, there are 103 condos for sale in the Valley priced and […]
Scottsdale Single-Family Luxury Home Market – April 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 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 […]
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 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 […]