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Phoenix and Scottsdale AZ Luxury Condo Sales – January 2013
- Phoenix and Scottsdale AZ Luxury Condo Sales – January 2013 -
The Phoenix and Scottsdale luxury condo market had a positive January 2013. During the month, four luxury condos sold and two units were pending sale at the end of the month. Inventory also dropped, partially as a result of sales and listings that expired.
I am defining the Phoenix and Scottsdale luxury condo market as condos for sale with asking prices in excess of $1 million.
Below is a chart depicting luxury condo sales activity in January for all luxury condos as well as in Scottsdale and Phoenix.

PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
At the end of January, two pending sales were in the pipeline. The first one is one that was a carryover from December and the second was a new one.
A two bedroom, two and one-half bathroom condo on the seventh floor at Kierland Plaza Lofts is the first pending sale. This 2,047 square foot unit was listed for $1,145,000 when went under contract. The new pending sale was at the Scottsdale Waterfront Residences. This ultra-luxury unit has 3,751 square feet, two bedrooms and four bathrooms. The list price at time of contract ... more

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