Here is a market update on the luxury community of Estancia located in North Scottsdale, Arizona. This analysis looks at home sales in 2009 through the end of August.
|Estancia Single Family Homes|
|2009 Performance – Through August 31st|
|Homes for Sale||27|
|– Average Asking Price||$3,327,067|
|– Average Square Feet||5,450|
|– Average Asking Price per Sq. Foot||$567.16|
|– Average Days on Market*||362|
|– Average Sales Price||$1,893,978|
|– Sales Price to List Price||77%|
|– Average Square Feet||5,087|
|– Average Sales Price per Sq. Foot||$462.95|
|– Average Days on Market*||387|
|– Highest Sale Price||$3,500,000|
|– Lowest Sale Price||$399,000**|
|* Cumulative Days on Market|
** This was the sale of the former sales office.
About Estancia in Scottsdale AZ: Estancia is very tranquil, upscale community located in North Scottsdale. It stretches over 640 acres and there are 39 villas and 223 home sites. Estancia is nestled within a mountainous region and therefore the views of the surrounding vistas are spectacular.
The European-style, 32,000 square foot, Estancia Clubhouse has a private dining area or a grill where residents and guests can enjoy a good meal after a round of golf. For those who want other sporting activities, there are also tennis courts, a swimming pool with a lap lane and a fitness room.
The Estancia Club boasts an 18-hole golf course designed by Tom Fazio. The course was recently ranked number 82 in Golf Digest’s America’s 100 Greatest Golf Courses 2009-2010. 325 golf memberships are available. Click for more information about Estancia in Scottsdale AZ.
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Disclaimer: Information herein deemed reliable but not guaranteed. Data and information are pulled from the Arizona Regional MLS (ARMLS) as of 9/1/2009 and can change at any time. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2009 Heather Tawes Nelson