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Here are the results for May for the Phoenix area luxury condo market. I define luxury condos as those with list prices in excess of $1 million.At the end of May, there were 69 luxury condos for sale throughout the valley. Forty-three condos were located in Scottsdale, twenty-four were in Phoenix, and two were located in Tempe. Only one ...
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March was one of the best months we have seen in a long time for the Scottsdale market. Sales jumped to levels we have not seen since September of 2008 and pending sales are the highest I have seen in the 19 months I have been tracking these figures. In addition, active homes for sale were down as ...
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After a mixed January, February’s performance in Scottsdale rebounded, giving us better news. February sales and pending sales were up relative to January’s numbers. However, we did see the inventory of homes for sale creep up again over 4,000 to 4,007. ...
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Here are the January 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.
- JANUARY 2009 -
Homes Priced Between $1,000,000 - $1,499,999
- Actives: There were 555 active homes for sale, a 7.1% jump over December. However, this ...
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January 2009 was a mixed-performance month for single-family homes in Scottsdale. Sales in January 2009 took a dip relative to December's sales numbers. However, pending home sales jumped back up to previous levels after falling in December. The number of active homes for sale also crept up in January, which is not ...
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Here is a snapshot of Scottsdale's 2008 performance for single-family resale homes. I have included total sales for 2008 as well as sales acitivity by price band. Overall, sales were off by 13% over 2007, which is not surprising given the economic challenges this market has been facing. The hardest hit price segments in 2008 were the ...
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Forest Highlands located in Flagstaff Arizona is a fabulous community. It features two golf courses – The Canyon Course (ranked #1 in Arizona) and the Meadows Course. In addition to golf, there are two clubhouses, two pools, a tennis complex, a fitness center, miles of jogging and biking trails, stocked fish ponds and so much more. It is ...
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The Optima Camelview community in Scottsdale Arizona is a wonderful development in the heart of Downtown Scottsdale. (Please see my previous post talking about the community.)
Here is an overview of the resale activity for Optima Camelview in 2008:
Number SoldLowest Sales PriceHighest Sales PriceList Price/ Sales PriceAvg. ...
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December wrapped up the year for the luxury condo market, which is defined as condos listed for sale for more than $1 million. At the end of December, there were 98 luxury condos for sale throughout the valley, up from 93 at the end of October. Of those, 46 were in Scottsdale, 36 were in Phoenix and the remaining 16 were in Tempe. The average ...
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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 ...
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