Scottsdale, AZ Real Estate News

By Julie Pelle, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the McDowell Mountain Ranch luxury home community in North Scottsdale, Arizona 85255 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     McDowell Mountain Ranch in North Scottsdale, ArizonaSeptember 19, 2022 Weekly Update Active listings decreased to 34 homes. Average sale price per square foot increased to $479.48/SqFt. Average sale price as % of list price decreased to 101.50%. Average sale price increased to $1,321,619. Highest priced home sold in past 6 months was for $4,135,000. Number of homes sold in past 6 months increased to 87. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 August 2022 vs August 2021 Monthly Update Active listings increased 41.25%. M...
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By Julie Pelle, 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, ArizonaSeptember 19, 2022 Weekly Update Active listings remained at 6 homes. Average sale price per square foot increased to $526.51/SqFt. Average sale price as % of list price decreased to 98.01%. Average sale price increased to $1,815,400. Highest priced home sold in past 6 months was for $2,675,000. Number of homes sold in past 6 months decreased to 15. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 August 2022 vs August 2021 Monthly Update Active listings increased 41.25%. Months supply increase...
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By Julie Pelle, 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, ArizonaSeptember 19, 2022 Weekly Update Active listings increased to 1,078 homes. Average sale price per square foot increased to $467.23/SqFt. Average sale price as % of list price decreased to 99.43%. Average sale price decreased to $1,540,085. Highest priced home sold in past 6 months was for $28,100,000. Number of homes sold in past 6 months decreased to 1,862. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week August 2022 vs August 2021 Monthly Update Active listings increased 46.73%. Months supply ...
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By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Here is the most recent Scottsdale AZ Real Estate Housing Market Report for August 2022:  After Scottsdale's average sales price reached a new all-time high of $1,499,763 in June, the average sales price dropped in July but slightly increased back up to $1,406,126 in August.At the same time, the average sold price per square foot for Scottsdale homes decreased for the third month in a row and has gone from $483/sf in May to $441/sf in August. The average sold price per square foot in Scottsdale has increased or remained the same in 22 out of the last 26 months. After dropping down to 29 DOM in May, Scottsdale days on market increased the last three months and is up to 52 DOM in August. The Scottsdale DOM was as high as 76 in January of 2021, so being at 52 DOM now is still low, especial...
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By Joyce Tawes, ABR, CRS, CLHMS, CNE
(Live Better in Scottsdale)
- August 2022 Scottsdale Housing Market Video - Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of August. August 2022 - Video Scottsdale Active Listings Compared to earlier in the year, Scottsdale now has plenty of inventory. We are back to over 1,100 listings, which is great news for buyers. Inventory was up 64% between August 2022 and August 2021. However, there was a decline of 9% between the end of July and the end of August 2022. Median List Price for Scottsdale Homes The median list price represents the price that is the exact midpoint price of all homes that are on the market. One half of the homes are priced higher and the other half are priced lower. In August, the median list price was $1.2 million. Interestingly enough,...
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By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
-August 2022 Scottsdale Homes for Sale and Home Sales - Although inventory has jumped over the past several months, it was down at the end of the month. Sales were up after a slow July. SCOTTSDALE HOME SALES ACTIVITY – AUGUST 2022 Each month, we track the following sales metrics: - Single-family homes for sale - Orange Line - The number of homes on the marlet at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts at the end of the month.*- Pending home sales - Yellow Line - The number of pendings there were at the end of the month.*- Home Sales - Blue Line - The number of home sales for that month. AUGUST 2022 RESULTS Scottsdale Homes for Sale: The number of homes for sale fell 3.5% between the end of July and the end of Au...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC] Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted professional to learn more and start your homebuying process today.
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The first is the reality of the shift in today’s housing market. And the second is what experts are saying about home prices in the coming year. The Reality of the Shift in Today’s Housing Market The reality is we’re seeing an inflection point in housing supply and demand. According to realtor.com, active listings have increased more than 26% over...
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By Julie Pelle, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the DC Ranch luxury home community in North Scottsdale, Arizona 85255 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     DC Ranch in North Scottsdale, ArizonaSeptember 12, 2022 Weekly Update Active listings increased to 18 homes. Average sale price per square foot increased to $607.54/SqFt. Average sale price as % of list price decreased to 98.82%. Average sale price increased to $2,207,914. Highest priced home sold in past 6 months was for $7,200,000. Number of homes sold in past 6 months decreased to 35. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 August 2022 vs August 2021 Monthly Update Active listings increased 41.25%. Months supply increased 190.91%....
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By Julie Pelle, 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, ArizonaSeptember 12, 2022 Weekly Update Active listings remained at 1 home. Average sale price per square foot decreased to $451.70/SqFt. Average sale price as % of list price decreased to 98.17%. Average sale price increased to $993,435. Highest priced home sold in past 6 months was for $1,450,000. Number of homes sold in past 6 months increased to 8. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85266 August 2022 vs August 2021 Monthly Update Active listings increased 62.50%. Months supply increased 288.89%. Av...
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By Julie Pelle, 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, ArizonaSeptember 12, 2022 Weekly Update Active listings increased to 1,060 homes. Average sale price per square foot decreased to $466.73/SqFt. Average sale price as % of list price decreased to 99.45%. Average sale price decreased to $1,541,625. Highest priced home sold in past 6 months was for $28,100,000. Number of homes sold in past 6 months decreased to 1,897. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week August 2022 vs August 2021 Monthly Update Active listings increased 46.73%. Months supply ...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Here are East Phoenix Arizona ALWAYS UP TO DATE homes for sale on the MLS bordering Scottsdale for September 2022.There are some great homes for sale in Southeast Phoenix just south of Camelback Mountain and bordering Scottsdale Arizona. Then to the north of Shea Road Scottsdale once again borders Scottsdale. Many of these homes for sale are in the Arcadia area of Phoenix south of Camelback Mountain.  North of Shea Road there are many 1 acre Phoenix homes and estates. In between and surrounding there are some smaller suburban homes. Something for everyone bordering Scottsdale. Here are the latest and always up to date list of Homes for sale in Southeast Phoenix bordering Scottsdale and Homes for sale in Northeast Phoenix bordering Scottsdale.  Read on! Southeast Phoenix Homes For Sale B...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Getting Your House Ready To Sell? Work with an Agent for Expert Advice In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house. Here are some considerations a professional will guide you through. What You Need To Know About Your Local Market Since the supply of homes for sale has increased so much this year, today’s buyers have more options than they had last year. That may mean you’re not able to ignore some of those repairs or cosmetic updates you could have skipped in previous months. As a recent art...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Why It’s So Important To Hire a Pro [INFOGRAPHIC] Some Highlights If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face. Let’s connect so you have expert advice each step of the way.
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Here are Condos, Townhomes, Patio Homes for sale in Scottsdale on the Arizona MLS and ALWAYS UP TO DATE this September 8, 2022. You will have access to a Free MLS search where you can set up your own personal portal. (Photo: Scottsdale Old Town and Fashion Square Mall by Bonandbon from Freepik)Today's Scottsdale Arizona Patio Homes, Condos & Townhomes For Sale on MLS Scottsdale condos, townhomes and patio homes for sale on the MLS for FULL PAGE View and create your own Arizona FREE MLS SEARCH PORTAL Do you love Scottsdale Arizona? Most people do. Accordingly, sunny Scottsdale is the most expensive city to buy a single family home within Arizona other than Paradise Valley. If you are looking to spend less money than the cost of a single family home, how about living in a Scottsdale in  a...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Here are luxury $1 million + homes for sale in Scottsdale, Arizona and ALWAYS UP TO DATE MLS listings for this September 7, 2022. Scottsdale is one of the best places to live in the US! $1+ Million Homes For Sale in Scottsdale Arizona on the MLS ALWAYS UP TO DATEFor a FULL PAGE view list of $1 million + homes for sale in Scottsdale, Arizona ALWAYS UP TO DATE and create your own FREE MLS SEARCH PORTAL in Arizona with hundreds of search criteria. Have a Million Dollars? Scottsdale Arizona with many "Lap of Luxury" custom homes selling in excess of $1 million is consistently selected as one of the best cities to live in America by outside rating services. Why? Well, it has been selected as one as the best places to raise a family, "foodie cities", golf resort destinations and is home to be...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Expert Forecasts on Mortgage Rates If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing market experts. Experts Project Mortgage Rates Will Stabilize While mortgage rates continue to fluctuate due to ongoing inflationary pressures and economic uncertainty, experts project they’ll start to stabilize in the months ahead. According to the latest projections, mortgage rates are exp...
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By Julie Pelle, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Desert Highlands luxury home community in North Scottsdale, Arizona 85255. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Desert Highlands in North Scottsdale, ArizonaSeptember 5, 2022 Weekly Update Active listings remained at 7 homes. Average sale price per square foot increased to $676.58/SqFt. Average sale price as % of list price decreased to 105.20%. Average sale price increased to $2,948,672. Highest priced home sold in past 6 months was for $4,500,000. Number of homes sold in past 6 months remained at 10. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 July 2022 vs July 2021 Monthly Update Active listings increased 51.63%. Months supply increase...
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By Julie Pelle, 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, ArizonaSeptember 5, 2022 Weekly Update Active listings increased to 61 homes. Average sale price per square foot increased to $483.75/SqFt. Average sale price as % of list price decreased to 100.16%. Average sale price increased to $1,893,568. Highest priced home sold in past 6 months was for $6,000,000. Number of homes sold in past 6 months decreased to 110. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 & 85262 July 2022 vs July 2021 Monthly Update Active listings increased 33.53%. Months supply increased...
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By Julie Pelle, 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, ArizonaSeptember 5, 2022 Weekly Update Active listings increased to 1,027 homes. Average sale price per square foot decreased to $467.30/SqFt. Average sale price as % of list price decreased to 99.58%. Average sale price decreased to $1,550,118. Highest priced home sold in past 6 months was for $28,100,000. Number of homes sold in past 6 months decreased to 1,949. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week July 2022 vs July 2021 Monthly Update Active listings increased 46.89%. Months supply incre...
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