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 |
| Home Sales | 8 |
| – 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.
Search Estancia Homes for Sale
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
