– June 2020 Scottsdale Homes for Sale and Home Sales – What a month! Things certainly turned around in June. The demand that was put on hold in March and April translated into a very strong housing market for June. I believe that sales could have been even higher if there were more homes for […]
Scottsdale Real Estate Market
Quick Video Update of the Scottsdale Real Estate Market – May 2020
– May 2020 Scottsdale Housing Market Video – May 2020 – Video May 2020 still felt the impacts of people staying in place and this is reflected in the sales for the month. However, on a positive note, the number of homes that went under contract in May rebounded to much healthier levels. Here is […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2020
– Luxury Condo Sales in Scottsdale and Phoenix – May 2020 – May, typically a still-brisk sales month, continued to show the impact of COVID-19 on the luxury home market. Sales activity was somewhat lackluster. In this report, we are defining luxury as condominiums with asking prices above $1 million. ACTIVE LISTINGS AT THE END […]
Scottsdale Homes that Work for Working From Home
Over the past few months, many of us have found ourselves working from home. Perhaps you already had an office in your home and the transition was not that hard. However, many people found themselves trying to create a workspace somewhere that would give them a place to get things done. Since it looks like […]
Scottsdale AZ Single Family Home Sales – May 2020
– May 2020 Scottsdale Homes for Sale and Home Sales – Here is a look at last month’s real estate market in Scottsdale. During May, things started to open up a little bit and we saw contract activity pick up nicely. However, sales were muted due to the lower number of contracts in April. SCOTTSDALE […]
Is Now a Good Time to Buy or Sell Real Estate?
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1 Fortunately, as restrictions have eased, we’ve seen […]
Scottsdale AZ Luxury Home Market – April 2020
– Scottsdale Luxury Home Market Performance for April 2020 – April was the first full month impacted by COVID-19 and the numbers show that. However, on a call with a local economist yesterday, she likened it to a “pause” in the Scottsdale luxury market versus a crash. Many owners of luxury homes simply took them […]
Quick Video Update of the Scottsdale Real Estate Market – April 2020
– April 2020 Scottsdale Housing Market Video – April 2020 – Video April 2020 was the first full month where COVID-19 was impacting the Scottsdale real estate market. Inventory was level, UCB and pendings were down slightly, but sales fell quite a bit. Here is a one-minute video overview of the Scottsdale, Arizona real estate […]