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Estancia in Scottsdale AZ - Real Estate Performance through August 2009

Here is a market update on the luxury community of Estancia located in North Scottsdale, Arizona. This analysis looks at home sales in 2009 through the end of August.

Estancia Single Family Homes 
2009 Performance - Through August 31st
Homes for Sale 27
- Average Asking Price $3,327,067
- Average Square Feet 5,450
- Average Asking Price per Sq. Foot $567.16
- Average Days on Market* 362
  
Home Sales8
- Average Sales Price$1,893,978
- Sales Price to List Price77%
- Average Square Feet 5,087
- Average Sales Price per Sq. Foot$462.95
- Average Days on Market*387
- Highest Sale Price$3,500,000
- Lowest Sale Price$399,000**
* Cumulative Days on Market
** This was the sale of the former sales office.

About Estancia in Scottsdale AZ: Estancia is very tranquil, upscale community located in North Scottsdale. It stretches over 640 acres and there are 39 villas and 223 home sites. Estancia is nestled within a mountainous region and therefore the views of the surrounding vistas are spectacular.  

The European-style, 32,000 square foot, Estancia Clubhouse has a private dining area or a grill where residents and guests can enjoy a good meal after a round of golf. For those who want other sporting activities, there are also tennis courts, a swimming pool with a lap lane and a fitness room.

The Estancia Club boasts an 18-hole golf course designed by Tom Fazio. The course was recently ranked number 82 in Golf Digest's America's 100 Greatest Golf Courses 2009-2010. 325 golf memberships are available. Click for more information about Estancia in Scottsdale AZ.

Search Estancia Homes for Sale

Disclaimer: Information herein deemed reliable but not guaranteed. Data and information are pulled from the Arizona Regional MLS (ARMLS) as of 9/1/2009 and can change at any time. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2009 Heather Tawes Nelson 

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