Scottsdale, AZ Real Estate News

By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaMay 16, 2022 Weekly Update Active listings increased to 719 homes. Average sale price per square foot increased to $442.90/SqFt. Average sale price as % of list price increased to 100.73%. Average sale price increased to $1,455,317. Highest priced home sold in past 6 months was for $12,500,000. Number of homes sold in past 6 months increased to 2,183. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week April 2022 vs April 2021 Monthly Update Active listings decreased 13.97%. Months supply increased...
Comments 0
By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- April 2022 Scottsdale Homes for Sale and Home Sales - Things cooled off a bit for the Scottsdale real estate market in April. Sales activity was still very strong, but it was a little slower than last month. And the best news of all is that we ended the month with a jump in inventory! SCOTTSDALE HOME SALES ACTIVITY – APRIL 2022 Every month we track the four items below: - Single-family homes for sale - Orange Line - The number of homes actively for sale at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts there were at the end of the month.*- Pending home sales - Yellow Line - The number of pending sales there were at the end of the month.*- Home Sales - Blue Line - The number of home sales that took place that month. A...
Comments 1
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Electric Vehicles (EV) have become more and more prevalent as major auto makers adopt the technology.    As an owner of an EV, the most asked question I hear is, "How far can you drive?"  The most common anxiety IMHO is "range anxiety."  Drivers are worried about running out of power.  It's a valid reason, but once you own an EV, that will disappear when you get in the habit of mindfulness when it comes to charging.  That is, every night plan your next day's travel and check the remaining mileage on your battery.  If it's low, set a range to stop at 80%, plug it in, and it shuts off when charging is complete.  It's that simple.  Here's a list of things to consider when owning an EV. Tax credits may be available, depending on the make and model and State.  Check your local utility provid...
Comments 11
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Bellasera luxury home community in North Scottsdale, Arizona 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Bellasera in North Scottsdale, ArizonaMay 9, 2022 Weekly Update Active listings decreased to 0 homes. Average sale price per square foot increased to $417.98/SqFt. Average sale price as % of list price decreased to 103.16%. Average sale price increased to $1,049,778. Highest priced home sold in past 6 months was for $1,450,000. Number of homes sold in past 6 months increased to 9. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85266 April 2022 vs April 2021 Monthly Update Active listings decreased 25.37%. Months supply increased 100.00%. Averag...
Comments 0
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Windgate Ranch luxury home community in North Scottsdale, Arizona 85255 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Windgate Ranch in North Scottsdale, ArizonaMay 9, 2022 Weekly Update Active listings decreased to 4 homes. Average sale price per square foot increased to $491.99/SqFt. Average sale price as % of list price increased to 100.80%. Average sale price increased to $1,774,125. Highest priced home sold in past 6 months was for $2,795,000. Number of homes sold in past 6 months decreased to 32. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 April 2022 vs April 2021 Monthly Update Active listings decreased 31.96%. Months supply increased 25.00...
Comments 0
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaMay 9, 2022 Weekly Update Active listings increased to 633 homes. Average sale price per square foot increased to $439.47/SqFt. Average sale price as % of list price increased to 100.64%. Average sale price increased to $1,442,978. Highest priced home sold in past 6 months was for $12,500,000. Number of homes sold in past 6 months decreased to 2,181. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week April 2022 vs April 2021 Monthly Update Active listings decreased 13.97%. Months supply increased ...
Comments 0
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
2022 Housing Market Forecast [INFOGRAPHIC] Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect so you can make your best move this year.
Comments 0
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
The sellers market continues in Scottsdale, Arizona.  Homes over $1 million are in short supply, selling quickly, and for well over list price.   As you can see during the last 3 1/2 years, supply dipped drastically in the spring 2021, putting upward pressure on prices.       Active Listings have recently ticked upward this year after record lows in 2021.  The number of active listings  over $1 million is still fewer than the beginning of 2021, and very low considering demand in Scottsdale. Demand for homes over $1 million in Scottsdale has escalated to 53% of homes selling for over list price.  There were 144 sales over $1 million in Scottsdale during the last 30 days.   Of that number, 76 were over list price.  This is the highest percentage of over list price by price category.   Cur...
Comments 0
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Three Tips for First-Time Homebuyers Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you're looking to purchase your first home, you may be wondering what's happening in the housing market today, how much you need to save, and where to start. Here are three things that can help give you the information you need to confidently pursue your dream of homeownership. 1. Consider All Options When the Number of Homes for Sale Is Low Today, there are far more buyers in the market than there are homes available for sale. When that happens, it’s a good idea to do what you can to increase your pool of options. That could mean expanding your search to include additional housing ty...
Comments 2
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Are you LOOKING for a condo or townhome in Scottsdale Arizona?A condo is less expensive to buy than a single family home. I understand if you have been hesitant as the cost of a single family home is more expensive in Scottsdale than other cities in the Phoenix metro. In fact Scottsdale has the highest home prices of any city in Arizona with the exception of the neighboring town of Paradise Valley with 1+ acre estates. (Photo: Looking from from Pixabay)Why so expensive? Well Scottsdale is a great place to live. A suggestion? Try a condo or townhome to get started. It will still be expensive but less than a detached home. Condos and Townhomes are appreciating and later on you can buy a detached single family home.Whether living near the downtown entertainment district or Kierland, on a g...
Comments 3
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Things That Could Help You Win a Bidding War on a Home With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map below): The same report from NAR shows the average buyer made two offers before getting their third offer accepted. In this type of competitive housing market, it’s important to know what levers you can pull to help you beat the competition. While a real estate professional is your ultimate guide to presenting a strong offer, here are a few things you could consider. Offering ove...
Comments 3
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Troon luxury home community in North Scottsdale, Arizona 85255 and 85262 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Troon in North Scottsdale, ArizonaMay 2, 2022 Weekly Update Active listings increased to 47 homes. Average sale price per square foot increased to $458.41/SqFt. Average sale price as % of list price increased to 100.04%. Average sale price increased to $1,812,494. Highest priced home sold in past 6 months was for $6,000,000. Number of homes sold in past 6 months increased to 137. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 & 85262 March 2022 vs March 2021 Monthly Update Active listings decreased 20.32%. Months supply increased 55....
Comments 1
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Grayhawk luxury community in North Scottsdale, Arizona 85255. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Grayhawk in North Scottsdale, ArizonaMay 2, 2022 Weekly Update Active listings increased to 16 homes. Average sale price per square foot increased to $433.89/SqFt. Average sale price as % of list price decreased to 102.68%. Average sale price increased to $1,336,060. Highest priced home sold in past 6 months was for $3,500,000. Number of homes sold in past 6 months decreased to 45. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 March 2022 vs March 2021 Monthly Update Active listings decreased 29.48%. Months supply increased 28.57%. Average sale...
Comments 1
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaMay 2, 2022 Weekly Update Active listings increased to 616 homes. Average sale price per square foot increased to $436.04/SqFt. Average sale price as % of list price increased to 100.54%. Average sale price increased to $1,432,175. Highest priced home sold in past 6 months was for $12,500,000. Number of homes sold in past 6 months increased to 2,185. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week March 2022 vs March 2021 Monthly Update Active listings decreased 22.75%. Months supply increased ...
Comments 1
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Today’s Home Price Appreciation Is Great News for Existing Homeowners If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing to pay more to get the product or service they’re looking for when options are scarce. And that’s exactly what’s happening in the current real estate market. Selma Hepp, Executive, Research & Insights and Deputy Chief Economist at CoreLogic, puts it like this: “With so few homes, buyers are once again left with fierce competition that’s driving the share of homes that s...
Comments 1
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
It is so nice to live in Sunny Scottsdale Arizona with blue skies all year round, golf, great Arizona scenery and roads to tour on? Scottsdale is one of the best places to live in the United States. Here are the current and always up to date list of Homes For Sale in Scottsdale from the MLS (Photo Above: McCormick Ranch in Scottsdale and landmark Camelback Mountain, courtesy of Scott Amonson) Photo: Pinnacle Peak in Scottsdale   Sunshine, blue skies, beautiful vistas and great golf courses are just some reasons to live in Scottsdale...  Scottsdale Single Family Detached Homes For Sale Homes For Sale in Scottsdale Arizona for a Full Page View and create your own FREE MLS Portal in Arizona. Here Comes The Sun in Arizona and Scottsdale The Beatles Sing Here Comes The SUN with lyrics set at...
Comments 2
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Buyers Are Lining Up To Purchase a House. Demand continues to outpace supply. On average, respondents reported four buyer home tours during the month compared to an average of 1.4 listings during the month.Buyer competition remained intense, with respondents reporting an average of 4.8 offers for every home sold (4.8 in the prior month, 4.8 one year ago). Fifty-seven percent of buyers’ price offers were above the list price (48% in the prior month). Half of the buyers had made at least two prior offers and lost before succeeding on the third try.With homebuying demand still outpacing supply, properties typically stayed on the market for shorter days compared to one year ago, at 17 days (18 days in the prior month, 18 days one year ago). Eighty-seven percent of listings were on the marke...
Comments 1
By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC] Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, let’s connect to discuss what you should do to make sure your house shows well and catches the eyes of more potential buyers.
Comments 1
By Chris Dunham, The Real Estate Guy™
(NexGen Brokered by eXp Realty)
Resort style home for sale in Scottsdale - 5 Bed home for saleThis beautiful 5 bedroom home in located in Scottsdale, on nearly a 1.2 Acre lot. As an added bonus, this Scottsdale Home is located on a Golf Course Lot in Century Club Estates, just off 58th and Shea. Built in 1972, ensures large, mature landscaping throughout the community. The home itself comes equipped with an entertainers dream kitchen with an enormous Natural quartzite island and Dacor, Kitchenaid and Subzero appliance. The floor plan includes not only a master retreat (its own side of the house) its adjacent to the homes library and gym. The master bath features a Jacuzzi tub and dry sauna. The backyard area, features a recently renovated swimming pool, outdoor fireplace (located on the covered patio) built in Gazebo ...
Comments 1
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Want to live in magnificent Gainey Ranch in Scottdale Arizona? I certainly understand. Here are the always up to date Homes For Sale in Gainey Ranch in Scottsdale Arizona right next to McCormick Ranch and Paradise Valley. Sweet! These Gainey Ranch homes are the latest actively for sale on the MLS, the place people want to live, read on... Looking to move to the exclusive Gainey Ranch  or Gainey Village in Scottsdale Arizona which is like living in a resort with guarded entrances, golf courses, recreation centers and nestled in between the bike paths and lakes of McCormick Ranch Arizona's most expensive residential town of Paradise Valley. Why not? Here are the latest and always up to date Homes For Sale in Gainey Ranch Scottsdale on the MLS including detached homes, townhomes, patio hom...
Comments 2
Explore Scottsdale, AZ
Scottsdale, AZ Real Estate Professionals