Paradise Valley, AZ Real Estate News

By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ is always a tough market to gauge based solely on average price breakdowns because of the price of homes in that market.  When you are dealing with homes that have an average sale price is $1.5million, one extremely high priced home sale for the month can really skew the numbers.  From the data it appears buyers are taking advantage of the lower prices per square foot and buying larger sized homes, meaning this is a great opportunity for "move-up buyers."Paradise Valley: 469 Active Inventory February 2010 January 2010 Last Quarter (Dec '09) Active Listings 469 450 475 Pending 38 36 28 Sales 33 23 32 Active Price Per Square Foot $473 $470 $466 Sold Price Per Square Foot $284 $269 $279 Average Sold $ $1,546,008 $1,584,011 $1,340,980 Average Sold Square Footage 5,359 5,...
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By Megan Izdebska & Hanna Manoufar Chandler, Scottsdale Real Estate Agent, Double Commitment. Double Results.
(United Brokers Group)
  The new, old El Chorro in Paradise Valley will reopen this month (February 18th 2010) El Chorro Lodge 5550 E. Lincoln Drive, Paradise Valley 480-948-5170 elchorrolodge.com Sunday 10 a.m. - 10 p.m. Monday-Thursday 11 a.m. - 10 p.m. Friday 11 a.m. - 11 p.m. Saturday 10 a.m. - 11 p.m. After an astonishing 72-year run, the last 57 under the direction of Joe and Evie Miller, El Chorro restaurant closed last May. But new ownership is bringing it back to life at 11 a.m. Thursday, Feb. 18. The restaurant is now in the hands of Jacquie Dorrance. El Chorro Lodge built in 1934, in the shadows of Camelback and Mummy mountains, on 11 desert acres in Paradise Valley, Arizona, is the perfect place to enjoy Saturday and Sunday breakfast with friends, share a romantic dinner or celebrate a special occ...
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ saw the average sold price go up in the month of November, as well as, the number active homes on the market.Paradise Valley: 530 Active Inventory November 2009 November 2008 October 2009 Ave. Sold $ $1,470,000 $2,335,000 $1,215,000 Ave. List $ $2,155,000 $2,320,000 $2,726,000 New Listings 79 73 86 Active Inventory 530 567 519 Sold Listings 22 12 26 Accepted Offers 23 14 21 Days on Market 208 183 180 Months Supply of Inventory 24.2 47.3 20.0 Maricopa County Statistics: Active Inventory:    32,918 (+385 from October) Ave. Price of Active Listings:     $372,262 (-$6,034 from October)Ave. Price of Sold Properties:    $182,012 (+4,538 from October)Based on information from Arizona MLS. Information deemed reliable but not guaranteed________________________________________...
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By Hugh Thomas Lorch, Luxury Home Sales
(Sterling Fine Properties)
Paradise Valley Foreclosure homes are now being featured on our luxury home website www.AzLuxuryLiving.com Some of the great reasons to live in the Paradise Valley community are the incredible scenic views, lots of hillside subdivisions, great schools and shopping nearby, and so much more. In addition to all of the information we have on Paradise Valley Foreclosure homes we are also providing Paradise Valley properties for you to search such as Paradise Valley Short Sale Homes, Paradise Valley foreclosure homes, and Paradise Valley Golf Course homes. We specialize in "view" properties. You will also have the ability to search Paradise Valley resale homes with the click of a mouse. We are also providing numerous ways to search the entire Arizona MLS. Whether you are searching by city, by...
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By Mike Bruen, Earning Trust & Delivering Results Since 1990
(Arizona Real Estate Consultant)
Cheney Place Real Estate agent offers Buyers that are looking for homes for sale in Cheney Place exclusive representation in the home buying process. We are happy to represent Seller's in selling their Cheney Place home as well. For buyers searching for Cheney Place homes for sale, homes for sale in Cheney Place  can easily be found by visiting http://www.MikeBruen.com where you will find the tools to make the home hunting process easy, convenient, and informational. You can find luxury homes for sale in Cheney Place broken down by category. Search for Cheney Place homes with a pool, available Cheney Place Estates rental properties, and much, much more all at the click of your mouse. All for free! All information is in real time when you are looking for homes for sale in Cheney Place.  ...
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By Mike Bruen, Earning Trust & Delivering Results Since 1990
(Arizona Real Estate Consultant)
Camelback Country Club Estates  Real Estate agent offers Buyers that are looking for homes for sale in Camelback Country Club Estates exclusive representation in the home buying process. We are happy to represent Seller's in selling their Camelback Country Club Estates home as well. For buyers searching for Camelback Country Club Estates homes for sale, homes for sale in Camelback Country Club Estates can easily be found by visiting http://www.MikeBruen.comwhere you will find the tools to make the home hunting process easy, convenient, and informational. You can find luxury homes for sale in Camelback Country Club Estates broken down by category. Search for Camelback Country Club Estates golf course homes, Camelback Country Club Estates homes with a pool, available Camelback Country Clu...
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By Craig Roetman, Over 1300 homes Sold!
(Arizona Elite Properties)
Best user friendly site for Tatum Garden Estates Homes for sale. Search all Homes for sale Tatum Garden Estates, incudes addresses, virtual tours & Photos.  Search Now at: Tatum Garden Estates Homes for sale    To schedule a private showing in Tatum Garden Estates, contact: All homes for sale Tatum Garden Estates Craig Roetman, Associate Broker 480.980.8787 Exceptional service for 25 years! Re/max Infinity  
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ saw a slight rise in number of sold listings in October, compared to September, but because of an increase in new listings the inventory also rose.Paradise Valley: 516 Active Inventory October 2009 October 2008 September 2009 Ave. Sold $ $1,250,000 $2,182,000 $1,508,000 Ave. List $ $2,708,000 $2,523,000 $1,991,000 New Listings 81 69 65 Active Inventory 516 554 506 Sold Listings 27 12 27 Accepted Offers 17 9 30 Days on Market 189 123 187 Months Supply of Inventory 19.1 45.4 18.7 Maricopa County Statistics: Active Inventory:    32,533 (+1,663 from September) Ave. Price of Active Listings:     $378,296 (-$8,113 from September)Ave. Price of Sold Properties:    $177,474 (-$4,078 from September)Based on information from Arizona MLS. Information deemed reliable but not guar...
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By Tish Tischer, Associate Broker/Developer/Help Buy/Sell/Invest
(Realty Executives)
    Jill Bright Sales Representative jill.bright@ctt.com Cell: 602.525.0790 Fax: 480.538.1960   CHICAGO TITLE INSURANCE CO. 21000 N. Pima Rd. #150 Scottsdale, AZ 85255   You will find many helpful resources and interactive features at: www.chicagotitlearizona.com/bright Volume 15, Number 43 Economic Highlights for the Week Ending November 13, 2009 MONDAY, November 9th The Federal Reserve's senior loan officer survey, which provides information on credit availability and demand at the nation's largest banks, showed still tight credit standards at most institutions; however tightening was not becoming worse. Tight credit standards continued to apply to businesses and consumers alike. Because of this, demand for loans continues to fall off but at a slower rate in the current quarter. Dema...
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By Craig Roetman, Over 1300 homes Sold!
(Arizona Elite Properties)
Best user friendly website for Clearwater Hills Homes for sale, Search All homes for sale in Clearwater Hills, enjoy virtual tours, color photos and property addresses. Search Now at: Clearwater Hills Homes for Sale         To schedule a private showing, contact: Craig Roetman, Associate Broker 25 years of exceptional service! 480-980-8787 All homes for sale Clearwater Hills RE/MAX Infinity  
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ had a slight increase in the month of September in average sales price.  The number of new listings as well as average list priced declined, which is a variance to most surrounding cities.Paradise Valley: 510 Active Inventory September 2009 September 2008 August 2009 Ave. Sold $ $1,458,000 $1,446,000 $1,453,000 Ave. List $ $1,9991,000 $2,414,000 $2,048,000 New Listings 65 81 91 Active Inventory 510 528 518 Sold Listings 26 11 27 Accepted Offers 25 15 26 Days on Market 187 141 138 Months Supply of Inventory 19.6 48.0 19.2 Maricopa County Statistics: Active Inventory:    30,870 (+166 from August) Ave. Price of Active Listings:     $386,296 (+$142,296 from August)Ave. Price of Sold Properties:    $181,552 (+$4,552 from August)Based on information from Arizona MLS. Infor...
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ had a significant decrease in the average sales price in the month of July along with a drop in overall number of sales.  The months supply of inventory is up to 26.6 but the average days on market has decreased.Paradise Valley: 531 Active Inventory August 2009 August 2008 July 2009 Ave. Sold $ $963,000 $1,689,000 $2,304,000 Ave. List $ $1,965,000 $3,001,000 $2,388,000 New Listings 87 82 68 Active Inventory 531 498 529 Sold Listings 20 18 27 Accepted Offers 17 15 21 Days on Market 145 131 197 Months Supply of Inventory 26.6 27.7 19.6 Maricopa County Statistics: 30,712 Active Inventory Ave. Price of Active Listings:     $244,000 (-$1,000 from July)Ave. Price of Sold Properties:    $177,000 (-$5,000 from June)Based on information from Arizona MLS. Information deemed re...
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HOMES FOR SALE IN AZ. As I sat by my laptop exploring my list of "active" clients, selecting those who needed further placating because of the interminable delay awaiting "progress information" (that's a joke) on their current short sale offers, I paused, to ponder the inevitable. Are they going to drop out yet again? As I'm sure they don't believe what I'm telling them, after all, how could a lender, having recovered a home in lieu of timely payments, appear dormant, instead of speedily trying to recover most of the debt A.S.A.P.? Am I going to have to review some of the 480 currently active Homes for Sale in Paradise Valley Az. on my website http://www.byronthebritazhomes.com/index.html and start all over again? "Ah! But there's more than one lender" says the listing agent, "and they ...
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley, AZ had an increase in the average sold price in the month of July along with a drop in active inventory, which created a slight decrease in the months supply of inventory because the number of sold listings remained the same.Paradise Valley: 526 Active Inventory July 2009 July 2008 June 2009 Ave. Sold $ $2,338,000 $1,948,000 $1,702,000 Ave. List $ $2,460,000 $2,606,000 $2,247,000 New Listings 64 77 71 Active Inventory 526 480 550 Sold Listings 26 21 26 Accepted Offers 18 64 34 Days on Market 197 166 165 Months Supply of Inventory 20.2 22.9 21.2 Maricopa County Statistics: 30,712 Active Inventory (-883 from June)Ave. Price of Active Listings:     $262,143Ave. Price of Pending Listings:   $172,357 (-$12,047 from June)Ave. Price of Sold Properties:    $180,808 (+$3,549 fro...
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With gorgeous Camelback Mountain as one of the many striking features in the area, Paradise Valley has all the class, amenities and style you'd expect in a big city, but without all the noise and distractions. This Arizona town is home to many things, including a few celebrities. But it's the lavish resorts, fine dining, golf courses, upscale shops and high-end home sites that really steal the show. Paradise Valley, AZ homes are known also for their large lots and wonderful landscaping, making every home an estate. Just take a stroll down any Paradise Valley street, and it's easy to imagine why so many people want to call this place home. Better yet, take some time to visit this lovely city and see for yourself what all the fuss is about.  
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley had a decrease in inventory in June and average sold price increased, but the months supply of inventory because of additional new listings.Paradise Valley: 567 Active Inventory June 2009 June 2008 May 2009 Ave. Sold $ $1,976,000 $2,168,000 $1,319,000 Ave. List $ $2,021,000 $2,559,000 $2,525,000 New Listings 65 66 63 Active Inventory 567 489 587 Sold Listings 17 17 24 Accepted Offers 19 20 16 Days on Market 188 211 155 Months Supply of Inventory 33.4 28.8 24.5 Maricopa County Statistics: 31,595 Active Inventory (-73 from May)Ave. Price of Active Listings:     $262,143Ave. Price of Pending Listings:   $184,404 (-$1,773 from May)Ave. Price of Sold Properties:    $177,259 (+$7,500 from May)Based on information from Arizona MLS. Information deemed reliable but not guaranteed...
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By Andy Zeal, Scottsdale, AZ - (480)540-2291
(HomeSmart )
Paradise Valley saw a decline in average sales price in May, and active inventory was up from the same time last year, but down from last month.Paradise Valley: 587 Active Inventory May 2009 May 2008 April 2009 Ave. Sold $ $1,319,000 $2,280,000 $1,370,000 Ave. List $ $2,525,000 $2,823,000 $2,310,000 New Listings 63 61 63 Active Inventory 587 505 613 Sold Listings 24 21 19 Accepted Offers 16 23 23 Days on Market 155 173 189 Months Supply of Inventory 24.5 24 32.4 Maricopa County Statistics: 32,668 Active InventoryAve. Price of Active Listings:     $262,143Ave. Price of Pending Listings:   $186,177Ave. Price of Sold Properties:    $169,759Based on information from Arizona MLS. Information deemed reliable but not guaranteed___________________________________________________________________...
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By Anna Banana Kruchten CRS, Phoenix Broker, 602-380-4886
(HomeSmart Real Estate BR030809000)
  With a population of about 15,000 and covering a geographic area of 16.5 square miles, the town of Paradise Valley is zoned for one-acre lots with one house per lot. It showcases breathtaking views of the scenic Mummy and Camelback mountains.   Mummy Mountain is protected by the Mummy Mountain Preserve Trust, which restricts any further development in order to protect the town's natural geographic features. Camelback Mountain is a prominent landmark, offering what some consider to be the among the best views of the Valley.   Due to its independent nature, residents are responsible for contracting for fire protection, water service and solid waste removal. It is located about 9 miles northeast of downtown Phoenix.   With one of the most exclusive zip codes in the entire country, Parad...
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By Michelle Viggiano, healthyhomeaz
(Four Winds Healthy Home Carpet & Air Duct Cleaning)
There is a painting I have inspected and wondered about since I was a child.  It has been in various parts of the home I grew up in and has gone through a few incarnations in various frames.  It is a painting of a gate and a view of a valley with not really anything around it. The focus is the vista.  It is painted on a wooden board that has since warped. Now the slight vertical splits can be viewed from the front as well.   There is a combination of German and French writing illegibly scrawled on the back of it. I have a curious memory of my mother always taking this painting down and checking the back of it and wiping that area. I thought this very strange as she never appeared to do this with any other framed pieces. One day I asked her, what is this all about? And what does it say ...
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