Desert Highlands was developed by Lyle Anderson and features a golf course designed by Jack Nicklaus. It is located in North Scottsdale at the base of Pinnacle Peak. Many of the homes have stunning Pinnacle Peak, golf course and/or city lights views. In addition to the challenging golf course, Desert Highlands has a lovely clubhouse with dining and many social events, a large fitness center, pool and tennis.
Below are real estate figures for Desert Highlands for 2012-to-date. The top chart looks at homes on the market currently as well as pending sales. The lower chart looks at home sales activity by quarter.
DESERT HIGHLANDS HOMES FOR SALE AND PENDING SALES AS OF AUGUST 31, 2012
There are 36 homes currently on the market in Desert Highlands. The average asking price is just over $1.9M.
The least expensive home for sale is a four bedroom, three and one-half bathroom home that is being sold as a short sale. It has 4,026 square feet and is listed for $649,000.
The most expensive home currently on the market is listed for $9,995,000. This is a Bing Hu home and construction costs when it was built in 1999 exceeded $20 million. It has four bedrooms, eight bathrooms and 8,500 square feet.
There is a single pending home sale right now at Desert Highlands.
DESERT HIGHLANDS HOME SALES THROUGH AUGUST 31, 2012
Here are the home sales statistics for 2012 to-date. The first half of the year was quite strong, particularly Q2, which saw double the sales of Q1.
However, as we are two months into Q3, things have slowed down considerably. I would imagine we will see an uptick again later in the year when the high season gets started.
The least expensive home sale in Desert Highlands so far in 2012was $625,000. It was a four bedroom, four and one-half bathroom home built in 1983 with 4,582 square feet and a pool. It had originally been listed for $665,000.
The most expensive home to sell so far in Desert Highlands for 2012 was a 2008 home with four bedrooms, four and one-half bathrooms and 5,899 square feet. It had been listed for $3,000,000 and sold for $2,600,000.
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 8/31/2012 and can change at any time. The analysis looks at residential home sales activity in Desert Highlands in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2012 Heather Tawes Nelson