Phoenix Luxury Homes For Sale 2016 Year End Recap

By
Real Estate Broker/Owner with Phoenix Property Shoppe AZ Broker BR030809000
http://activerain.com/droplet/4Yxn

 

This is the Phoenix Luxury Homes For Sale 2016 Year End Recap. Luxury Homes for Sale in Phoenix Arizona offer very interesting and unique home styles and designs. From Traditional to Contemporary there is a luxury home to fit just about every  luxury home buyers taste. Many Phoenix Luxury homes for sale also have stunning outdoor patios and pools. You'll want to take a close look at Phoenix Luxury Homes for Sale 2016 . For your convenience there is a link below to search for luxury homes with pools or without pools by clicking on the links below.

 

 

Phoenix Luxury Homes 12 Month Market Trending Chart

Phoenix Luxury Homes For Sale 2016 Year End Recap

 

Phoenix Luxury Homes For Sale 2016 Year End Recap: - Current availability of Phoenix Luxury Homes this month is 316 homes. These luxury homes are priced from $700,000 to $7,450,000. There are 49 Phoenix Luxury Homes pending, waiting to close and 36 Luxury homes have closed this past month. With a higher price point, Phoenix Luxury Homes for sale typically take longer to sell than other homes in the Phoenix Metro area and typically you will have some room to negotiate on price.

 

The 2016 Year End Stats show 474 Phoenix Luxury homes sold, with prices ranging from $400,000 to a high of $7,200,000, with an average price of $1,107,928. Average days on the market was 123 with the shortest days on market being 1 day. For these 474 homes, the sale price/list price ratio  was 95%.   As the above trending chart shows, it's easy to see that sales are at their highest during the winter and spring months and there are more homes on the market as well (thus more variety to chose from).  Typically each year new listings and sales slow down during the warmer summer months. Many value-minded luxury home buyers take advantage of the slower months as there are some excellent values to be found in the Phoenix luxury real estate market at that time.

 

Because there is frequent change in the inventory of Phoenix Luxury Homes for Sale, if you would like to track this market, let us help. We will set up an on-going search especially for you, with your own customized web site. You'll be notified as soon as new listings are posted.

 

And when you see something that interests you, please give us a call – we would love to schedule a showing for you at your convenience.

 

 

Phoenix Luxury Homes For Sale - With Pools

 

 Phoenix Luxury Homes For Sale - Without Pools

 

 

Phoenix Luxury Homes For Sale 2016 Year End Recap

Posted by
Phoenix Property Shoppe  

 

 

Anna "Banana" Kruchten
Designated Broker & Owner
CRS,CRB,GRI


Phoenix Homes For Sale

 

Connect with me also on these sites!

 

    Anna Banana Kruchten Google+theannabanana on facebookAnna Kruchten LinkedinAnna Banana Kruchten on GoogleAnna Banana Kruchten of Active Rain

 

Your Referrals & Testimonials are Always Greatly Appreciated!

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Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County Phoenix
Groups:
2017 Market Trend Reports
Tags:
phoenix luxury homes for sale
buy luxury home phoenix
sell luxury home in phoenix

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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Anna - Phoenix is loaded with luxury homes as your excellent market report clearly shows. Buyers would benefit greatly from your help in finding the one that best fits their needs.

Jan 04, 2017 04:48 PM #1
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Alexander- Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Hi Anna.  Your Phoenix market has some nice variety in luxury homes for a buyer to choose from.  I found it interesting to note that in the summer your area doesn't have as many sales in this segment; while just the opposite is true for us in Vancouver WA.  Thanks!  John and Kat

Jan 09, 2017 07:14 PM #2
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