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Greater Phoenix Luxury Condo Market - April 2009 - 05/25/09 02:27 PM
Here are the most recent figures for the Greater Phoenix luxury condo market, which is defined as condos with list prices in excess of $1 million. At the end of April, 90 luxury condos were on the market for sale. Of those, fifty-five were in Scottsdale, thirty-three were in Phoenix, and the remainder, two, were in Tempe. Activity was slow for this market segment in April. Only one unit was pending sale at the end of the month. It was a three bedroom, three bathroom, 3,350 square foot penthouse unit at Esplanade Place in Phoenix. Here is a quick overview of April 2009's (0 comments)
Things to Do in Phoenix: Desert Botanical Garden - 05/22/09 04:17 PM
If you have not had the opportunity to visit the Desert Botanical Garden, I highly recommend going soon. There are currently two wonderful exhibits in place until the May 31, 2009. Chihuly: The Nature of Glass Exhibit - Dale Chihuly is a phenomenally talented artist who works with glass as his medium. His glass sculptures are beautiful, elegant and whimsical all at the same time. The installation at the Desert Botanical Garden is beautifully integrated into the exhibits, providing bright punches of color throughout. You do need to make reservations to see the exhibit so please visit the Desert Botanical Garden's website at www.dbg.org. The second exhibit is a wonderful, interactive (0 comments)
Scottsdale Luxury Home Market - April 2009 - 05/19/09 06:45 PM
April was a very good month for Scottsdale single-family home sales. The bulk of the activity is occurring at the lower end of the price spectrum, but we a re also seeing some promising signs in the luxury home market as well. This analysis looks at single-family resale homes in Scottsdale priced $1,000,000 and above over the last twelve months. - APRIL 2009 - Homes Priced Between $1,000,000 - $1,499,999- Actives: There were 497 homes for sale in this price range. This is the first time this number has dipped under 500 in the last year. The 12 month average for this (2 comments)
April 2009 FindingsActive Homes for Sale: The number of homes on the market dropped almost 7% from March to 3,661. This is the fewest number of homes on the market we have seen in the last year and it is well below the 12 month average of 3,913. Pending Home Sales: Pending sales jumped to the highest level seen in the last 12 months to 487. This figure has been increasing dramatically month-over-month since (0 comments)
Scottsdale Home Sales in Zip Code 85262 - 1st Quarter 2009 - 05/05/09 05:14 PM
Here are the sales activity figures for the Scottsdale's 85262 zip code over the first three months of the year. This far-North Scottsdale zip code houses some of the top luxury communities like: Desert Mountain Mirabel Estancia Troon North Legend Trail The following analysis looks at single-family resale home sales and has been broken down into three categories - Non-Distressed Sales, Short Sales (Pre-Foreclosure) and Lender-Owned Sales.
In this zip code, 80% of the homes for sale were non-distressed with the balance belonging to short sales and lender-owned properties. However, only 33% of the sales in Q1 were non-distrssed homes. Short sales made (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.